All Roll Calls
Yes: 316 • No: 38
Sponsored By: Jen Kiggans - to resign 12/31 (Republican)
Became Law
Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to independently consider whether elements of an effective performance-based regulatory framework to evaluate and potentially improve electric utility performance and cost control incentives in the Commonwealth are in the public interest and to develop related legislative recommendations. The bill requires the Commission to include its findings and recommendations in a report required by existing law by July 1, 2027. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to SB 251.
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4 provisions identified: 2 benefits, 0 costs, 2 mixed.
The SCC allows public comments and holds technical conferences. Consumer advocates, utilities, experts, and the Consumer Counsel take part. The SCC may hire outside experts to help its review. These steps increase transparency and do not change bills now.
By July 1, 2027, the SCC submits its findings and recommendations to the named legislative committees. It also posts the report on its website for the public. The deadline and public posting add transparency. They do not change bills now.
The law directs the State Corporation Commission to study and recommend performance-based rules for investor-owned electric utilities. It reviews combining rate adjustment riders and moving some costs into base rates. It examines shared fuel-cost risk between utilities and customers. It considers stronger incentives to meet energy efficiency and renewable standards. It explores tying utility earnings to measurable results and using all-source competitive procurement. The SCC also lists other needed parts of a performance-based framework. This study does not change current rates or bills.
Each electric utility must give the SCC any information it requests for these studies. This supports a full review. Complying can add administrative costs for utilities, which could matter in later cases. It does not change bills today.
Jen Kiggans - to resign 12/31
Republican • Senate
There are no cosponsors for this bill.
All Roll Calls
Yes: 316 • No: 38
House vote • 3/11/2026
Senate substitute with amendment agreed to by House
Yes: 84 • No: 13
Senate vote • 3/10/2026
Passed Senate with substitute with amendment
Yes: 23 • No: 17
Senate vote • 3/10/2026
Finance and Appropriations Amendment agreed to
Yes: 0 • No: 0
Senate vote • 3/10/2026
Rules Substitute agreed to
Yes: 0 • No: 0
Senate vote • 3/9/2026
Constitutional reading dispensed Block Vote (on 2nd reading)
Yes: 40 • No: 0
Senate vote • 3/9/2026
Passed by for the day Block Vote (Voice Vote)
Yes: 0 • No: 0
Senate vote • 3/6/2026
Reported from Finance and Appropriations with amendment
Yes: 10 • No: 5
Senate vote • 2/27/2026
Reported from Rules with substitute and rereferred to Finance and Appropriations
Yes: 12 • No: 3
House vote • 2/17/2026
Read third time and passed House Block Vote
Yes: 97 • No: 0
House vote • 2/11/2026
Reported from Appropriations
Yes: 22 • No: 0
House vote • 2/11/2026
Subcommittee recommends reporting
Yes: 7 • No: 0 • Other: 1
House vote • 2/6/2026
Reported from Rules and referred to Appropriations
Yes: 16 • No: 0
House vote • 2/2/2026
Subcommittee recommends reporting and referring to Appropriations
Yes: 5 • No: 0 • Other: 1
Acts of Assembly Chapter text (CHAP0701)
Approved by Governor-Chapter 701 (effective 7/1/2026)
Fiscal Impact Statement from State Corporation Commission (HB903)
Governor's Action Deadline 11:59 p.m., April 13, 2026
Enrolled Bill communicated to Governor on March 31, 2026
Signed by Speaker
Bill text as passed House and Senate (HB903ER)
Enrolled
Signed by President
Fiscal Impact Statement from State Corporation Commission (HB903)
Senate substitute with amendment agreed to by House (84-Y 13-N 0-A)
Passed Senate with substitute with amendment (23-Y 17-N 0-A)
Finance and Appropriations Amendment agreed to
Rules Substitute agreed to
Engrossed by Senate - committee substitute as amended
Read third time
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Rules suspended
Reported from Finance and Appropriations with amendment (10-Y 5-N)
Committee substitute printed 26108813D-S1
Reported from Rules with substitute and rereferred to Finance and Appropriations (12-Y 3-N)
Referred to Committee on Rules
Constitutional reading dispensed (on 1st reading)
Read third time and passed House Block Vote (97-Y 0-N 0-A)
Chaptered
4/13/2026
Enrolled
3/30/2026
Amendment
3/10/2026
Amendment
3/9/2026
Substitute
2/27/2026
Introduced
1/13/2026
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