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SB 562

Electric utilities; RPS requirements, Air Pollution Control Board regulations.

2026 Regular Session Introduced by Luther Cifers

SB 562 modifies Virginia's renewable energy requirements for utilities and Air Pollution Control Board regulatory authority, affecting consumer energy costs and clean energy investment timelines.

Passed by indefinitely in Agriculture, Conservation and Natural Resources (8-Y 6-N)
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Bill Summary · SB 562

Legislative bill overview

SB 562 modifies Virginia's Renewable Portfolio Standard (RPS) requirements for electric utilities and adjusts the regulatory authority of the Air Pollution Control Board. The bill appears to alter the timeline, percentage targets, or compliance mechanisms for utilities to source electricity from renewable energy sources, though specific provisions are not detailed in the available action summary.

Why is this important

Renewable Portfolio Standards directly affect energy costs for consumers, utility company operations, and Virginia's progress toward carbon reduction goals. Changes to RPS requirements influence investment decisions in renewable infrastructure, electricity rates, and the state's competitive position in the clean energy economy.

Potential points of contention

  • Renewable energy targets vs. utility costs: Stronger RPS requirements increase utility compliance costs that may be passed to consumers; weaker standards may slow clean energy transition at higher long-term environmental costs
  • Regulatory authority clarification: Adjustments to Air Pollution Control Board oversight could either strengthen environmental protections or reduce regulatory burdens on utilities depending on the specific changes
  • Timeline and feasibility: Modifications to compliance deadlines affect whether utilities have reasonable implementation periods versus unrealistic mandates

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

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