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HB 2003

Electric utilities; regional transmission entities; annual report.

2025 Regular Session Introduced by Amy Laufer

Virginia would require electric utilities to file annual reports with state regulators documenting their participation and activities within regional transmission entities managing multi-state electricity grids.

Failed to report (defeated) in Labor and Commerce (10-Y 12-N)
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Bill Summary · HB 2003

Legislative bill overview

HB 2003 would require Virginia's electric utilities to submit annual reports to the State Corporation Commission detailing their participation in regional transmission entities (RTEs) and related activities. The bill aims to increase transparency and state oversight of utility involvement in multi-state electricity grid coordination organizations.

Why is this important

Regional transmission entities manage power flows across multiple states and can significantly influence electricity pricing, reliability, and renewable energy integration. Greater reporting requirements could help Virginia policymakers better understand utility decision-making in these organizations and assess whether state interests are adequately represented in grid management decisions.

Potential points of contention

  • Regulatory burden vs. transparency trade-off: Utilities may argue annual reporting requirements create administrative costs with minimal practical benefit, while supporters contend transparency justifies modest compliance expenses
  • State vs. regional authority tensions: The bill assumes state-level oversight of RTE participation is appropriate, but utilities may contend that regional entities operate under federal FERC jurisdiction and state-imposed reporting could create conflicting mandates
  • Scope and specificity concerns: Ambiguity about what "related activities" must be reported could lead to disputes over compliance adequacy and enforcement

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

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