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HB 1106

Electric utilities; renewable energy portfolio standard eligible sources, etc.

2026 Regular Session Introduced by Terry Kilgore

HB 1106 expands eligible renewable energy sources under Virginia's portfolio standard, affecting utility compliance requirements and consumer electricity costs.

Fiscal Impact Statement from State Corporation Commission (HB1106)
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Bill Summary · HB 1106

Legislative bill overview

HB 1106 modifies Virginia's renewable energy portfolio standard by expanding eligible sources and adjusting compliance requirements for electric utilities. The bill alters what types of energy projects can count toward renewable energy mandates and potentially adjusts the timeline or percentage requirements utilities must meet.

Why is this important

Virginia's renewable energy portfolio standard is a key climate policy tool that drives investment in clean energy infrastructure and affects electricity rates for consumers. Changes to eligible sources and compliance mechanisms directly impact utility compliance costs, which are typically passed to ratepayers, and influence the state's progress toward clean energy goals.

Potential points of contention

  • Definition of "renewable": Disputes over what energy sources qualify (e.g., whether natural gas with carbon capture, advanced nuclear, or biomass should count) involve fundamental disagreements about climate effectiveness versus economic feasibility
  • Utility compliance costs: Expanding eligible sources may lower compliance costs for utilities, potentially benefiting them financially while reducing incentives for truly novel renewable investments
  • Rate impact on consumers: Changes could either increase or decrease consumer electricity bills depending on which sources become eligible and how easily utilities can meet standards

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

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