SB1040
Electric utilities; renewable energy portfolio standard program requirements.
Summary
As Passed House of Origin. Electric utilities; renewable energy portfolio standard program requirements; power purchase agreements.
Amends certain renewable energy portfolio standard program requirements for Dominion Energy Virginia, including (i) the annual percentage of program requirements to be met with behind-the meter solar, wind, or anaerobic digestion resources of three megawatts or less located in the Commonwealth and (ii) the date by which 75 percent of ... (More) such requirements shall be met with resources located in the Commonwealth. The bill also removes the requirement for a solar-powered or wind-powered generation facility to have a capacity of no less than 50 kilowatts to qualify for a third party power purchase agreement under a pilot program. The bill permits Dominion Energy Virginia to recover certain costs prior to December 31, 2032, and provides that it is the policy of the Commonwealth to encourage the development on previously developed project sites, as defined in existing law, to reduce the land use impacts of solar development. (Less)-
Bill History
- 01/07/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25104404D
- 01/07/2025 - Senate: Referred to Committee on Commerce and Labor
- 01/22/2025 - Senate: Fiscal Impact Statement from State Corporation Commission (SB1040)
- 01/27/2025 - Senate: Reported from Commerce and Labor with substitute (9-Y 6-N)
- 01/28/2025 - Senate: Committee substitute printed 25105799D-S1
- 01/29/2025 - Senate: Rules suspended
- 01/29/2025 - Senate: Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
- 01/29/2025 - Senate: Passed by for the day
- 01/30/2025 - Senate: Read second time
- 01/30/2025 - Senate: Reading of substitute waived
- 01/30/2025 - Senate: Commerce and Labor Substitute agreed to
- 01/30/2025 - Senate: Engrossed by Senate - committee substitute
- 01/31/2025 - Senate: Read third time and passed Senate (26-Y 14-N) Close Floor Vote
- 02/06/2025 - House: Placed on Calendar
- 02/06/2025 - House: Read first time
- 02/06/2025 - House: Referred to Committee on Labor and Commerce
- 02/12/2025 - House: Placed on Labor and Commerce Agenda
- 02/13/2025 - House: Reported from Labor and Commerce with amendment(s) (21-Y 1-N)
- 02/17/2025 - House: Read second time
- 02/18/2025 - House: Read third time
- 02/18/2025 - House: Labor and Commerce Amendment agreed to
- 02/18/2025 - House: Engrossed by House as amended
- 02/18/2025 - House: Passed House with amendment (97-Y 0-N)
- 02/19/2025 - Senate: House Amendment agreed to by Senate (40-Y 0-N)
- 02/19/2025 - Senate: Reconsideration of House amendment agreed to by Senate (40-Y 0-N)
- 02/19/2025 - Senate: House Amendment agreed to by Senate (23-Y 17-N) Close Floor Vote
- 03/07/2025 - Senate: Enrolled
- 03/07/2025 - Senate: Bill text as passed Senate and House (SB1040ER)
- 03/07/2025 - House: Signed by Speaker
- 03/10/2025 - Senate: Signed by President
- 03/11/2025 - Senate: Enrolled Bill Communicated to Governor on March 11, 2025
- 03/11/2025 - Governor's Action Deadline 11:59 p.m., March 24, 2025
- 03/24/2025 - Governor's recommendation received by Senate
- 03/24/2025 - Senate: Governor's substitute printed (SB1040S2)
- 03/25/2025 - Senate: Governor's substitute printed (SB1040S2)
- 04/02/2025 - Senate: Senate rejected Governor's recommendation (19-Y 21-N) Close Floor Vote
- 04/02/2025 - Senate: Communicated to Governor
- 04/02/2025 - Governor's Action Deadline 11:59 p.m., May 2, 2025
- 05/02/2025 - Senate: Governor's Veto Received by Senate
- 05/02/2025 - Vetoed by Governor
