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SB251Introduced in the Senate

Electric utilities; performance-based regulatory framework.

Passed

Introduced by Scott Surovell, District 34

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

Acts of Assembly Chapter text (CHAP0702)

April 13, 2026

How did lawmakers vote?

House of Delegates votes

3 recorded votes · each counted separately

Senate votes

4 recorded votes · each counted separately

SenateStage: House amendment agreed to by Senate (23-Y 17-N 0-A) · March 12, 2026

23

Yes

17

No

0

Absent or Not Voting

40 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26104615D

  2. Referred to Committee on Commerce and Labor

  3. Fiscal Impact Statement from State Corporation Commission (SB251)

  4. Senate committee offered

  5. Reported from Commerce and Labor with substitute (9-Y 4-N)

  6. Committee substitute printed 26107513D-S1

  7. Rules suspended

  8. Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)

  9. Passed by for the day Block Vote (Voice Vote)

  10. Fiscal Impact Statement from State Corporation Commission (SB251)

  11. Read second time

  12. Committee substitute agreed to (Voice Vote)

  13. Engrossed by Senate - committee substitute (Voice Vote)

  14. Read third time and passed Senate (23-Y 16-N 0-A)

  15. Placed on Calendar

  16. Read first time

  17. Referred to Committee on Rules

  18. Assigned HRUL sub: Studies Subcommittee

  19. Subcommittee recommends reporting with amendment(s) (5-Y 0-N)

  20. Reported from Rules with amendment(s) (18-Y 0-N)

  21. Read second time

  22. Moved from Uncontested Calendar to Regular Calendar

  23. Read third time

  24. committee amendment agreed to

  25. Engrossed by House as amended

  26. Passed House with amendment (62-Y 33-N 0-A)

  27. House amendment agreed to by Senate (23-Y 17-N 0-A)

  28. Enrolled

  29. Bill text as passed Senate and House (SB251ER)

  30. Signed by President

  31. Signed by Speaker

  32. Enrolled Bill communicated to Governor on March 31, 2026

  33. Governor's Action Deadline 11:59 p.m., April 13, 2026

  34. Fiscal Impact Statement from State Corporation Commission (SB251)

  35. Approved by Governor-Chapter 702 (effective 7/1/2026)

  36. Acts of Assembly Chapter text (CHAP0702)

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