VirginiaHB24132025 Regular SessionHouse

Electric utilities; integrated resource plans, Phase I or Phase II files updated plans, etc.

Sponsored By: Candi Mundon King (Democratic)

To Governor

Summary

Electric utilities; integrated resource plans. Makes various changes related to the content and process for an integrated resource plan (IRP) developed by an electric utility that provides a forecast of its load obligations and a plan to meet those obligations. The bill (i) extends the planning timeframe from 15 to 20 years; (ii) requires Appalachian Power to file an IRP by removing an exception from the definition of "electric utility"; (iii) changes the frequency a utility is required to file an IRP from biennially to triennially; and (iv) requires utilities to consider the use of grid-enhancing technologies as alternatives to new transmission infrastructure, and when new transmission lines are envisioned, to provide the reasons grid-enhancing technologies are not sufficient to defer or eliminate the need for new transmission infrastructure.The bill requires that the current stakeholder review process for integrated resource plans be facilitated by a third-party facilitator selected by the State Corporation Commission and compensated by the utility. The bill requires, as part of the stakeholder review process, the utility to provide stakeholders with reasonable access to the same modeling software, modeling assumptions, modeling inputs, and data used by the utility to evaluate supply and demand resources in its integrated resource plan to enable stakeholders to create modeling scenarios for the utility's consideration during the development of its integrated resource plan.The bill requires the Commission to (a) establish guidelines that ensure that utilities develop comprehensive integrated resource plans and provide meaningful public engagement and maximum transparency during the planning process; (b) conduct a proceeding by July 1, 2026, and at least once every five years thereafter, to identify and review each of its existing orders relevant to integrated resource plans to determine if such orders remain necessary and effective and are not overly burdensome; and (c) to convene a work group to make recommendations on the required guidelines.Finally, the bill requires any petition to permit the construction and operation of electrical generating facilities filed by an electric utility that is required to file an integrated resource plan to (1) incorporate the intent to construct and operate such generating facilities or (2) if the utility's intent to construct and operate such generating facilities was not identified in the utility's most recently approved integrated resource plan, provide a detailed explanation of why the utility did not anticipate the need for such generating facilities.As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to SB 1021.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Candi Mundon King

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 225 • No: 98

House vote • 2/20/2025

Senate substitute agreed to by House

Yes: 53 • No: 45

Senate vote • 2/19/2025

Passed Senate with substitute

Yes: 21 • No: 18

Senate vote • 2/18/2025

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote • 2/17/2025

Reported from Commerce and Labor with substitute

Yes: 9 • No: 6

House vote • 2/3/2025

Read third time and passed House

Yes: 78 • No: 21

House vote • 1/28/2025

Reported from Labor and Commerce

Yes: 16 • No: 6

House vote • 1/23/2025

Subcommittee recommends reporting

Yes: 8 • No: 2 • Other: 1

Actions Timeline

  1. House sustained Governor's veto

    4/2/2025House
  2. Vetoed by Governor

    3/24/2025Governor
  3. Fiscal Impact Statement from State Corporation Commission (HB2413)

    3/20/2025House
  4. Governor's Action Deadline 11:59 p.m., March 24, 2025

    3/11/2025Governor
  5. Enrolled Bill communicated to Governor on March 11, 2025

    3/11/2025House
  6. Signed by President

    3/10/2025Senate
  7. Bill text as passed House and Senate (HB2413ER)

    3/7/2025House
  8. Enrolled

    3/7/2025House
  9. Signed by Speaker

    3/7/2025House
  10. Senate substitute agreed to by House (53-Y 45-N)

    2/20/2025House
  11. Passed Senate with substitute (21-Y 18-N)

    2/19/2025Senate
  12. Engrossed by Senate - committee substitute

    2/19/2025Senate
  13. Commerce and Labor Substitute agreed to

    2/19/2025Senate
  14. Read third time

    2/19/2025Senate
  15. Reading of substitute waived

    2/19/2025Senate
  16. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N)

    2/18/2025Senate
  17. Passed by for the day

    2/18/2025Senate
  18. Rules suspended

    2/18/2025Senate
  19. Reported from Commerce and Labor with substitute (9-Y 6-N)

    2/17/2025Senate
  20. Committee substitute printed 25107628D-S1

    2/17/2025Senate
  21. Referred to Committee on Commerce and Labor

    2/4/2025Senate
  22. Constitutional reading dispensed (on 1st reading)

    2/4/2025Senate
  23. Read third time and passed House (78-Y 21-N)

    2/3/2025House
  24. Read second time and engrossed

    1/31/2025House
  25. Read first time

    1/30/2025House

Bill Text

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