# Virginia HB1256: Electric utilities, certain; purchased power cost risk mitigation practices.

Virginia HB1256, Electric utilities, certain; purchased power cost risk mitigation practices., is a 2026 Regular Session House bill sponsored by Irene Shin (Democratic); status signed, last action 2026-04-06 (Fiscal Impact Statement from State Corporation Commission (HB1256)); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/VA-HB1256-2026
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia HB1256
- State: Virginia
- Session: 2026 Regular Session
- Title: Electric utilities, certain; purchased power cost risk mitigation practices.
- Status: signed
- Chamber: House
- Introduced: 2026-01-14
- Last action: 2026-04-06, Fiscal Impact Statement from State Corporation Commission (HB1256)
- Sponsor: Irene Shin (Democratic)
- Cosponsors: 0
- Touches household money: yes
- Roll calls: 9 (296 yes, 0 no in all)
- Economic provisions PRIA read: 1

## Summary

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 SB 505.

## Bill overview: provisions PRIA read

- State review of power price risks: mixed, low. Beginning July 1, 2026, the Virginia State Corporation Commission reviews how Phase I and Phase II electric utilities manage fuel and purchased power cost risks in their annual filings. It considers national best practices, like hedging and fuel cost‑sharing, and a consultant's report in Case No. P…

## Sponsors and cosponsors

- Sponsor: Irene Shin (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-11 | Senate | Passed Senate Block Vote | pass | 39 | 0 |   |
| 2026-03-11 | Senate | Passed Senate Block Vote | pass | 40 | 0 |   |
| 2026-03-11 | Senate | Reconsideration of Senate passage agreed to by Senate Block Vote | pass | 40 | 0 |   |
| 2026-03-10 | Senate | Constitutional reading dispensed Block Vote (on 2nd reading) | pass | 37 | 0 |   |
| 2026-03-10 | Senate | Passed by for the day Block Vote (Voice Vote) | pass | 0 | 0 |   |
| 2026-03-09 | Senate | Reported from Commerce and Labor | pass | 15 | 0 |   |
| 2026-02-17 | House | Read third time and passed House Block Vote | pass | 97 | 0 |   |
| 2026-02-12 | House | Reported from Labor and Commerce with substitute | pass | 20 | 0 |   |
| 2026-02-10 | House | Subcommittee recommends reporting with substitute | pass | 8 | 0 |   |

## Actions (33)

- 2026-04-06: Fiscal Impact Statement from State Corporation Commission (HB1256) (House)
- 2026-04-06: Acts of Assembly Chapter text (CHAP0280) (Governor)
- 2026-04-06: Approved by Governor-Chapter 280 (effective 7/1/2026) (Governor)
- 2026-03-31: Governor's Action Deadline 11:59 p.m., April 13, 2026 (Governor)
- 2026-03-31: Enrolled Bill communicated to Governor on March 31, 2026 (House)
- 2026-03-31: Signed by Speaker (House)
- 2026-03-30: Bill text as passed House and Senate (HB1256ER) (House)
- 2026-03-30: Enrolled (House)
- 2026-03-30: Signed by President (Senate)
- 2026-03-11: Passed Senate Block Vote (40-Y 0-N 0-A) (Senate)
- 2026-03-11: Reconsideration of Senate passage agreed to by Senate Block Vote (40-Y 0-N 0-A) (Senate)
- 2026-03-11: Passed Senate Block Vote (39-Y 0-N 0-A) (Senate)
- 2026-03-11: Read third time (Senate)
- 2026-03-10: Passed by for the day Block Vote (Voice Vote) (Senate)
- 2026-03-10: Constitutional reading dispensed Block Vote (on 2nd reading) (37-Y 0-N 0-A) (Senate)
- 2026-03-10: Rules suspended (Senate)
- 2026-03-09: Reported from Commerce and Labor (15-Y 0-N) (Senate)
- 2026-02-19: Fiscal Impact Statement from State Corporation Commission (HB1256) (House)
- 2026-02-18: Referred to Committee on Commerce and Labor (Senate)
- 2026-02-18: Constitutional reading dispensed (on 1st reading) (Senate)
- 2026-02-17: Read third time and passed House Block Vote (97-Y 0-N 0-A) (House)
- 2026-02-16: Engrossed by House - committee substitute (House)
- 2026-02-16: committee substitute agreed to (House)
- 2026-02-16: Read second time (House)
- 2026-02-15: Read first time (House)
- 2026-02-13: Committee substitute printed 26107686D-H1 (House)
- 2026-02-12: Reported from Labor and Commerce with substitute (20-Y 0-N) (House)
- 2026-02-10: House subcommittee offered (House)
- 2026-02-10: Subcommittee recommends reporting with substitute (8-Y 0-N) (House)
- 2026-02-01: Fiscal Impact Statement from State Corporation Commission (HB1256) (House)
- 2026-01-27: Assigned HCL sub: Subcommittee #3 (House)
- 2026-01-14: Referred to Committee on Labor and Commerce (House)
- 2026-01-14: Prefiled and ordered printed; Offered 01-14-2026 26101578D (House)

## Bill text

- Chaptered, 2026-04-06: [HTML](https://lis.blob.core.windows.net/files/1217195.HTML), [PDF](https://lis.blob.core.windows.net/files/1217194.PDF)
- Enrolled, 2026-03-30: [HTML](https://lis.blob.core.windows.net/files/1212452.HTML), [PDF](https://lis.blob.core.windows.net/files/1212451.PDF)
- Substitute, 2026-02-13: [HTML](https://lis.blob.core.windows.net/files/1145932.HTML), [PDF](https://lis.blob.core.windows.net/files/1145931.PDF)
- Substitute, 2026-02-11: [HTML](https://lis.blob.core.windows.net/files/1139480.HTML), [PDF](https://lis.blob.core.windows.net/files/1139479.PDF)
- Substitute, 2026-02-10: [HTML](https://lis.blob.core.windows.net/files/1139230.HTML), [PDF](https://lis.blob.core.windows.net/files/1139229.PDF)
- Introduced, 2026-01-14: [HTML](https://lis.blob.core.windows.net/files/1087919.HTML), [PDF](https://lis.blob.core.windows.net/files/1087918.PDF)

## Related bills

- HB5: Employment; paid sick leave, civil penalties. (signed)
- SB199: Employment; paid sick leave, civil penalties. (signed)
- HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with rental agreement. (signed)
- HB1393: Electric utilities; pilot program for energy assistance and weatherization for certain individuals. (signed)
- HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, termination by landlord. (signed)
- HB675: Protection of employees; coercion or threat based on immigration status, civil penalty. (signed)

## Sources
- [Chaptered (HTML)](https://lis.blob.core.windows.net/files/1217195.HTML)
- [Chaptered (PDF)](https://lis.blob.core.windows.net/files/1217194.PDF)
- [Enrolled (HTML)](https://lis.blob.core.windows.net/files/1212452.HTML)
- [Enrolled (PDF)](https://lis.blob.core.windows.net/files/1212451.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1145932.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1145931.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1139480.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1139479.PDF)
- [Substitute (HTML)](https://lis.blob.core.windows.net/files/1139230.HTML)
- [Substitute (PDF)](https://lis.blob.core.windows.net/files/1139229.PDF)
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1087919.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1087918.PDF)

## Related
- [HB5: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-HB5-2026)
- [SB199: Employment; paid sick leave, civil penalties.](https://policyrisk.com/state-bill/VA-SB199-2026)
- [HB95: Va. Residential Landlord and Tenant Act; landlord remedies, noncompliance with…](https://policyrisk.com/state-bill/VA-HB95-2026)
- [HB1393: Electric utilities; pilot program for energy assistance and weatherization for…](https://policyrisk.com/state-bill/VA-HB1393-2026)
- [HB834: Virginia Residential Landlord and Tenant Act; fire or casualty damage, terminat…](https://policyrisk.com/state-bill/VA-HB834-2026)
- [HB675: Protection of employees; coercion or threat based on immigration status, civil…](https://policyrisk.com/state-bill/VA-HB675-2026)
- [Virginia bills](https://policyrisk.com/states/virginia/bills)
- [Virginia state hub](https://policyrisk.com/states/virginia)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/VA-HB1256-2026 (as of 2026-10-12).