Virginia Senate Bill 505: Electric utilities, certain; purchased power cost risk mitigation practices.

Virginia · 2026 Regular Session

What it does

State Corporation Commission; electric utilities; fuel and purchased power cost risk mitigation practices. Directs the State Corporation Commission, in certain cost recovery proceedings and other annual filings as determined by the Commission, to examine the efficacy and sufficiency of fuel and purchased power cost risk mitigation practices by Dominion Energy and Appalachian Power. Under the bill, the Commission is required to include legislative recommendations related to effectively regulating fuel and purchased power cost risk in an existing report. This bill is identical to HB 1256.

Latest action

Acts of Assembly Chapter text (CHAP0030) (2026-03-31)

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