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Bill

SB 512

Electric utilities; rates for generation and distribution services, notice of energy rationing.

2026 Regular Session Introduced by Bill Stanley

Allows Virginia regulators to separately set electric utility rates for generation and distribution services while requiring utilities to notify customers of potential energy rationing.

Fiscal Impact Statement from State Corporation Commission (SB512)
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Bill Summary · SB 512

Legislative bill overview

SB 512 authorizes Virginia's State Corporation Commission to regulate electric utility rates separately for generation and distribution services, and requires utilities to provide advance notice to customers if energy rationing becomes necessary. The bill creates a framework for more granular rate-setting and establishes consumer notification protocols during potential supply emergencies.

Why is this important

Unbundling generation and distribution rates could increase rate transparency and allow regulators to adjust pricing for different service components independently, potentially affecting how Virginians pay for electricity. Rationing notice requirements protect consumer interests by ensuring advance warning of possible service disruptions, particularly important as energy demand grows and grid reliability faces new pressures.

Potential points of contention

  • Rate design complexity: Separating generation and distribution rates may increase billing complexity for consumers and administrative burden for utilities, with unclear net effects on overall costs
  • Rationing authority scope: The bill's provisions on when and how rationing notices trigger remain undefined, potentially creating disputes between regulators and utilities over necessity and timing
  • Economic competitiveness: Detailed rate regulation could affect utility investment decisions and Virginia's attractiveness for energy-intensive businesses, particularly in a deregulating energy market context

Compiled from official sources — confirm details with the bill’s official record.

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