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SB505Introduced in the Senate

Electric utilities, certain; purchased power cost risk mitigation practices.

Passed

Introduced by Creigh Deeds, District 11

What does this bill do?

Plain-English breakdown

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Official description

State Corporation Commission; electric utilities; fuel and purchased power cost risk mitigation practices. Directs the State Corporation Commission, in certain cost recovery proceedings and other annual filings as determined by the Commission, to examine the efficacy and sufficiency of fuel and purchased power cost risk mitigation practices by Dominion Energy and Appalachian Power. Under the bill, the Commission is required to include legislative recommendations related to effectively regulating fuel and purchased power cost risk in an existing report. This bill is identical to HB 1256.

Where it stands

Acts of Assembly Chapter text (CHAP0030)

March 31, 2026

How did lawmakers vote?

House of Delegates votes

2 recorded votes · each counted separately

Senate votes

3 recorded votes · each counted separately

House of DelegatesStage: Passed House (96-Y 0-N 0-A) · February 27, 2026

96

Yes

0

No

3

Absent or Not Voting

99 delegates recorded in this House of Delegates vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each delegate voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26104695D

  2. Referred to Committee on Commerce and Labor

  3. Fiscal Impact Statement from State Corporation Commission (SB505)

  4. Senate committee offered

  5. Reported from Commerce and Labor with substitute (14-Y 0-N)

  6. Committee substitute printed 26107572D-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. Read second time

  11. Commerce and Labor Substitute agreed to

  12. Engrossed by Senate - committee substitute Block Vote (Voice Vote)

  13. Read third time and passed Senate (39-Y 0-N 0-A)

  14. Fiscal Impact Statement from State Corporation Commission (SB505)

  15. Placed on Calendar

  16. Read first time

  17. Referred to Committee on Labor and Commerce

  18. Reported from Labor and Commerce (21-Y 1-N)

  19. Read second time

  20. Read third time

  21. Passed House (96-Y 0-N 0-A)

  22. Enrolled

  23. Bill text as passed Senate and House (SB505ER)

  24. Signed by Speaker

  25. Signed by President

  26. Enrolled Bill communicated to Governor on March 10, 2026

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

  28. Fiscal Impact Statement from State Corporation Commission (SB505)

  29. Approved by Governor-Chapter 30 (effective 7/1/2026)

  30. Acts of Assembly Chapter text (CHAP0030)

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