All Roll Calls
Yes: 180 • No: 70
Sponsored By: Scott A. Surovell (Democratic)
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 HB 903.
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6 provisions identified: 1 benefits, 0 costs, 5 mixed.
By July 1, 2027, the Commission submits its findings to named committees and posts the report online. It must allow public comments and hold technical conferences. Investor-owned utilities must provide requested information. The Commission can hire experts and must include consumer advocates and the Division of Consumer Counsel.
The Commission evaluates an all-source, competitive process for utility resource purchases. It also reviews other ways to improve utility solicitations. The review looks at cutting peak demand and lowering costs. Any procurement changes would come later.
The Commission evaluates whether to combine current rate riders and move some costs into base rates. It weighs customer benefits and keeping bills transparent. It also reviews how moving costs might shift investment risk to customers. Any billing changes happen later through law or regulation.
The State Corporation Commission reviews a performance-based regulation system for electric utilities. It considers current rules and a prior report. It identifies other parts of a possible framework and develops legislative recommendations. This study does not change your bill today. Any later changes would come through new laws or rules.
The Commission studies shared-risk policies for fuel costs at investor-owned utilities. It reviews how fuel price swings are shared between utilities and customers. When appropriate, it develops legislative recommendations. Any changes to bills come later.
The Commission reviews ways to improve utility incentives to meet state energy efficiency and renewable targets. It also evaluates performance incentive mechanisms tied to clear, achievable goals. Recommendations happen only if they are necessary and appropriate. Any effects on customer costs or service would come later.
Scott A. Surovell
Democratic • Senate
There are no cosponsors for this bill.
All Roll Calls
Yes: 180 • No: 70
Senate vote • 3/12/2026
House amendment agreed to by Senate
Yes: 23 • No: 17
House vote • 3/11/2026
Passed House with amendment
Yes: 62 • No: 33
House vote • 3/6/2026
Reported from Rules with amendment(s)
Yes: 18 • No: 0
House vote • 3/2/2026
Subcommittee recommends reporting with amendment(s)
Yes: 5 • No: 0
Senate vote • 2/13/2026
Read third time and passed Senate
Yes: 23 • No: 16
Senate vote • 2/12/2026
Committee substitute agreed to (Voice Vote)
Yes: 0 • No: 0
Senate vote • 2/11/2026
Passed by for the day Block Vote (Voice Vote)
Yes: 0 • No: 0
Senate vote • 2/11/2026
Constitutional reading dispensed Block Vote (on 1st reading)
Yes: 40 • No: 0
Senate vote • 2/9/2026
Reported from Commerce and Labor with substitute
Yes: 9 • No: 4
Acts of Assembly Chapter text (CHAP0702)
Approved by Governor-Chapter 702 (effective 7/1/2026)
Fiscal Impact Statement from State Corporation Commission (SB251)
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 Senate and House (SB251ER)
Enrolled
Signed by President
House amendment agreed to by Senate (23-Y 17-N 0-A)
Passed House with amendment (62-Y 33-N 0-A)
Engrossed by House as amended
committee amendment agreed to
Read third time
Moved from Uncontested Calendar to Regular Calendar
Read second time
Reported from Rules with amendment(s) (18-Y 0-N)
Subcommittee recommends reporting with amendment(s) (5-Y 0-N)
Assigned HRUL sub: Studies Subcommittee
Referred to Committee on Rules
Read first time
Placed on Calendar
Read third time and passed Senate (23-Y 16-N 0-A)
Committee substitute agreed to (Voice Vote)
Fiscal Impact Statement from State Corporation Commission (SB251)
Chaptered
4/13/2026
Enrolled
3/30/2026
Amendment
3/11/2026
Amendment
3/6/2026
Amendment
3/2/2026
Substitute
2/10/2026
Substitute
2/9/2026
Introduced
1/12/2026
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