VirginiaHB8932026 Regular SessionHouseWALLET

Electric utility integrated resource planning; energy storage resources.

Sponsored By: Jen Kiggans - to resign 12/31 (Republican)

Became Law

Summary

Electric utility integrated resource planning; energy storage resources. Requires Dominion Energy, as part of its integrated resource plan, to assess the use of energy storage resources through appropriate modeling that accounts for economic charge and discharge times and represents various economic scenarios. The bill also requires systematic evaluation of and permits proposing investments in energy storage resources in the integrated resource plan.

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 1 benefits, 0 costs, 3 mixed.

Utilities must plan diverse power with storage

The law sets clear rules for utility resource plans. Plans must model energy storage, including when to charge and discharge, and test different economic cases. Utilities must pick a mix of owned plants, market purchases, and demand reduction that meets demand at reliable, long-term prices. Plans must show diverse energy sources, align with state energy policy, and weigh low-cost spot market power with risk. Utilities must evaluate contracts, owning or building plants, demand-side options like efficiency and storage, and how to follow environmental rules at the lowest cost to customers. Plans must also consider rate stability, energy independence, economic growth, and reliability.

Regular utility plan filings and public review

Utilities must file updated resource plans by October 15 in the year before a biennial rate review. Starting January 2, 2024, those not on annual review must also file an annual update by October 15 in review years. Each filing must be sent to the House and Senate committee chairs and the Electric Utility Regulation chair. Utilities must hold stakeholder outreach, take public input on methods and modeling, and report these efforts. The Commission must decide within nine months if a plan is reasonable and in the public interest, after notice and a chance to be heard.

Early notice on fossil plant retirements

Utilities must study retirement for their Virginia power plants that burn fuel and emit carbon dioxide. They must include the study in their resource plan and send results to local governments and state agencies. The notice must explain why retirement is considered and the expected year. Facilities that meet other public disclosure rules must also follow those rules.

Long-term grid planning and upgrades

Utility plans must include long‑term distribution grid planning and propose grid transformation projects. Plans must review grid‑enhancing technologies and advanced conductors. They must address reliability, cybersecurity, and physical security. If a utility leaves out these technologies, it must explain why.

Sponsors & Cosponsors

Sponsor

  • Jen Kiggans - to resign 12/31

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 292 • No: 24

Senate vote 3/5/2026

Passed Senate

Yes: 20 • No: 19

Senate vote 3/4/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 39 • No: 0

Senate vote 3/4/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote 3/2/2026

Reported from Commerce and Labor

Yes: 8 • No: 5

House vote 2/11/2026

Read third time and passed House Block Vote

Yes: 96 • No: 0

House vote 2/11/2026

Passed House Block Vote

Yes: 98 • No: 0

House vote 2/5/2026

Reported from Labor and Commerce with substitute

Yes: 22 • No: 0

House vote 2/3/2026

Subcommittee recommends reporting with substitute

Yes: 9 • No: 0

Actions Timeline

  1. Acts of Assembly Chapter text (CHAP0693)

    4/13/2026Governor
  2. Approved by Governor-Chapter 693 (effective 7/1/2026)

    4/13/2026Governor
  3. Fiscal Impact Statement from State Corporation Commission (HB893)

    4/6/2026House
  4. Governor's Action Deadline 11:59 p.m., April 13, 2026

    3/14/2026Governor
  5. Enrolled Bill communicated to Governor on March 14, 2026

    3/14/2026House
  6. Bill text as passed House and Senate (HB893ER)

    3/12/2026House
  7. Enrolled

    3/12/2026House
  8. Signed by President

    3/12/2026Senate
  9. Signed by Speaker

    3/12/2026House
  10. Passed Senate (20-Y 19-N 0-A)

    3/5/2026Senate
  11. Read third time

    3/5/2026Senate
  12. Passed by for the day Block Vote (Voice Vote)

    3/4/2026Senate
  13. Constitutional reading dispensed Block Vote (on 2nd reading) (39-Y 0-N 0-A)

    3/4/2026Senate
  14. Rules suspended

    3/4/2026Senate
  15. Reported from Commerce and Labor (8-Y 5-N)

    3/2/2026Senate
  16. Fiscal Impact Statement from State Corporation Commission (HB893)

    2/16/2026House
  17. Referred to Committee on Commerce and Labor

    2/12/2026Senate
  18. Constitutional reading dispensed (on 1st reading)

    2/12/2026Senate
  19. Passed House Block Vote (98-Y 0-N 0-A)

    2/11/2026House
  20. Reconsideration of passage agreed to by House

    2/11/2026House
  21. Read third time and passed House Block Vote (96-Y 0-N 0-A)

    2/11/2026House
  22. Engrossed by House - committee substitute

    2/10/2026House
  23. committee substitute agreed to

    2/10/2026House
  24. Read second time

    2/10/2026House
  25. Read first time

    2/9/2026House

Bill Text

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