VirginiaSB14852025 Regular SessionSenate

Electric utilities; customer energy choice, customer return to service, subscription cap and queue.

Sponsored By: Kannan Srinivasan (Democratic)

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Summary

Electric utilities; customer energy choice; customer return to service; subscription cap and queue. Removes certain restrictions on the ability of individual retail customers of electric energy within the Commonwealth, regardless of customer class, to purchase electric energy matched 100 percent by renewable energy certificates from any supplier of electric energy licensed to sell retail electric energy within the Commonwealth. The bill requires a licensed supplier to match a percentage of each retail electric customer's annual load with renewable energy certificates from within the PJM transmission region. The bill decreases from five years to six months the required written notice period for certain electric energy customers to return to service by an incumbent electric utility after purchasing electric energy from other suppliers. The bill also directs the Commission, by October 1, 2026, to establish a subscription cap allowance for certain utility customers seeking to participate in purchasing electric energy from a licensed supplier. The Commission is required to review the subscription cap allowance every two years starting on January 1, 2028, and electric utilities are required to file their subscription queues with the Commission by January 15, 2027, and annually thereafter. The bill contains an exception to the subscription cap allowance for customers seeking to expand usage at an existing or new facility. The bill has a delayed effective date of July 1, 2026, unless the rules and regulations of the Commission promulgated pursuant to the bill specify a commencement date.

Commerce and Labor

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Kannan Srinivasan

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 15 • No: 0

Senate vote • 1/27/2025

Passed by indefinitely in Commerce and Labor with letter

Yes: 15 • No: 0

Actions Timeline

  1. Passed by indefinitely in Commerce and Labor with letter (15-Y 0-N)

    1/27/2025Senate
  2. Fiscal Impact Statement from State Corporation Commission (SB1485)

    1/26/2025Senate
  3. Referred to Committee on Commerce and Labor

    1/17/2025Senate
  4. Presented and ordered printed 25104453D

    1/17/2025Senate

Bill Text

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