VirginiaHB9212026 Regular SessionHouseWALLET

Electric utilities; licensed retail suppliers, renewable portfolio standard requirements.

Sponsored By: Alfonso H. Lopez (Democratic)

Signed by Governor

Summary

Electric utilities; licensed retail suppliers; notice period for return to service. Permits an individual nonresidential retail customer of electric energy of Appalachian Power or Dominion Energy Virginia whose noncoincident peak demand exceeded five megawatts during the most recent calendar year to purchase electric energy from a licensed supplier within the Commonwealth. Currently, such a customer may only purchase electric energy from a licensed supplier if the customer's peak demand did not exceed one percent of the incumbent electric utility's peak load during the most recent calendar year unless the customer had a noncoincident peak demand of more than 90 megawatts. The bill changes from five years to eighteen months the advance notice period required for such a customer to return to service by an incumbent electric utility. This bill is identical to SB 818.

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Bill Overview

Analyzed Economic Effects

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

Businesses can return to utilities sooner

Nonresidential customers who used licensed suppliers after capped rates ended generally need 18 months’ written notice to return to their utility. This replaces five years, or three years for customers covered by the Fixed Resource Requirement capacity rule. The State Corporation Commission can waive notice after notice and an opportunity for a hearing. Clear and convincing evidence must show supplier failure or threatened failure through no fault of the customer. No alternative supplier can offer reasonable rates, and the waiver must serve the public interest.

More supplier choice for large businesses

Large nonresidential customers of Virginia Phase I or Phase II utilities can choose a licensed electricity supplier. Their peak demand, measured separately from the utility’s peak, must exceed five megawatts in the most recent calendar year. The law removes former limits tied to their share of utility demand and the 90-megawatt exception for 2006 or later. Customers still cannot buy from another incumbent utility outside their own utility’s service area. This change does not expand household eligibility.

Utilities face limits on shifting costs

Beginning July 1, 2026, Virginia Phase I and Phase II utilities face a limit on requests to shift costs. These requests cover generation and distribution costs tied to customers leaving for licensed suppliers or returning to utility service. Only costs tied to a net gain or loss of at least 100 megawatts can be included. The State Corporation Commission reviews the requests; the law does not set a specific household bill change.

Returning electricity customers face one-year stay

Customers returning from a licensed supplier to their Virginia utility must stay for at least 12 months. This applies whether they return before or after the 18-month notice period ends. They cannot switch suppliers again during that required stay.

Sponsors & Cosponsors

Sponsor

  • Alfonso H. Lopez

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 394 • No: 5

Senate vote • 2/26/2026

Passed Senate

Yes: 36 • No: 4

Senate vote • 2/26/2026

Passed Senate

Yes: 40 • No: 0

Senate vote • 2/26/2026

Reconsideration of Senate passage agreed to by Senate

Yes: 40 • No: 0

Senate vote • 2/25/2026

Constitutional reading dispensed Block Vote (on 2nd reading)

Yes: 40 • No: 0

Senate vote • 2/25/2026

Passed by for the day Block Vote (Voice Vote)

Yes: 0 • No: 0

Senate vote • 2/23/2026

Reported from Commerce and Labor

Yes: 13 • No: 1

House vote • 2/11/2026

Passed House Block Vote

Yes: 98 • No: 0

House vote • 2/11/2026

Read third time and passed House Block Vote

Yes: 96 • 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 (CHAP0707)

    4/13/2026Governor
  2. Approved by Governor-Chapter 707 (effective 7/1/2026)

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

    3/10/2026Governor
  4. Enrolled Bill communicated to Governor on March 10, 2026

    3/10/2026House
  5. Fiscal Impact Statement from State Corporation Commission (HB921)

    3/9/2026House
  6. Bill text as passed House and Senate (HB921ER)

    3/3/2026House
  7. Enrolled

    3/3/2026House
  8. Signed by President

    3/3/2026Senate
  9. Signed by Speaker

    3/3/2026House
  10. Passed Senate (40-Y 0-N 0-A)

    2/26/2026Senate
  11. Reconsideration of Senate passage agreed to by Senate (40-Y 0-N 0-A)

    2/26/2026Senate
  12. Passed Senate (36-Y 4-N 0-A)

    2/26/2026Senate
  13. Read third time

    2/26/2026Senate
  14. Passed by for the day Block Vote (Voice Vote)

    2/25/2026Senate
  15. Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)

    2/25/2026Senate
  16. Rules suspended

    2/25/2026Senate
  17. Reported from Commerce and Labor (13-Y 1-N)

    2/23/2026Senate
  18. Fiscal Impact Statement from State Corporation Commission (HB921)

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

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

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

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

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

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

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

    2/10/2026House

Bill Text

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