VirginiaHB16722025 Regular SessionHouse

Retail electric energy; renewable energy certificates.

Sponsored By: Michael J. Jones (Democratic)

Failed

Summary

Retail electric energy; renewable energy certificates. Requires competitive service providers, as defined in the bill, to serve 100 percent of their customers' energy and capacity needs from electric generating units located within the PJM transmission region. Under the bill, a competitive service provider must ensure that 100 percent of its customers' energy is either zero-carbon electricity or matched with zero-carbon electricity or renewable energy certificates. A certain percentage of a retail customer's annual load must be matched with renewable energy certificates from within the PJM transmission region. The bill allows certain retail customers to be exempt from non-bypassable charges associated with the renewable energy portfolio standard. The bill also requires the State Corporation Commission to promulgate rules as necessary to ensure that the provisions of the bill do not create an unreasonable shifting of costs to nonparticipating customers and to ensure that in all integrated resource plans and cost recovery proceedings no incumbent electric utility is improperly incorporating the loads of retail electric customers into its forecasts or load projections.

Labor and Commerce

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael J. Jones

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 5 • No: 0

House vote • 1/30/2025

Subcommittee recommends laying on the table

Yes: 5 • No: 0 • Other: 1

Actions Timeline

  1. Left in Labor and Commerce

    2/5/2025House
  2. Subcommittee recommends laying on the table (5-Y 0-N)

    1/30/2025House
  3. Assigned L & C sub: Subcommittee #4

    1/29/2025House
  4. Fiscal Impact Statement from State Corporation Commission (HB1672)

    1/18/2025House
  5. Assigned L & C sub: Subcommittee #3

    1/10/2025House
  6. Referred to Committee on Labor and Commerce

    1/3/2025House
  7. Prefiled and ordered printed; Offered 01-08-2025 25102446D

    1/3/2025House

Bill Text

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