Bill Sponsor
Virginia Senate Bill 1040
Session 2025
Electric utilities; renewable energy portfolio standard program requirements.
Active
Active
Vetoed by Governor on May 2, 2025
First Action
Jan 7, 2025
Latest Action
May 2, 2025
Origin Chamber
Senate
Type
Bill
Bill Number
1040
State
Virginia
Session
2025
Sponsorship by Party
Senate Votes (0)
Senate votes are unavailable for this bill.
Summary
An Act to amend and reenact §§ 56-585.5 and 56-594.02 of the Code of Virginia, relating to electric utilities; renewable energy portfolio standard program requirements; power purchase agreements. 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 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 development on previously developed project sites, as defined in existing law, to reduce the land use impacts of solar development. This bill is identical to HB 1883.
Documents (1)
Fiscal Impact Statement from State Corporation Commission (SB1040)
05/02/2025
Office of the Governor
Vetoed by Governor
04/02/2025
Office of the Governor
Governor's Action Deadline 11:59 p.m., May 2, 2025
04/02/2025
Senate
Communicated to Governor
04/02/2025
Senate
Senate rejected Governor's recommendation (19-Y 21-N)
03/25/2025
Senate
Governor's substitute printed (SB1040S2)
03/24/2025
Senate
Governor's substitute printed (SB1040S2)
03/24/2025
Office of the Governor
Governor's recommendation received by Senate
03/11/2025
Office of the Governor
Governor's Action Deadline 11:59 p.m., March 24, 2025
03/11/2025
Senate
Enrolled Bill Communicated to Governor on March 11, 2025
03/10/2025
Senate
Signed by President
03/07/2025
House
Signed by Speaker
03/07/2025
Senate
Bill text as passed Senate and House (SB1040ER)
03/07/2025
Senate
Enrolled
02/19/2025
Senate
House Amendment agreed to by Senate (23-Y 17-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 (40-Y 0-N)
02/18/2025
House
Passed House with amendment (97-Y 0-N)
02/18/2025
House
Engrossed by House as amended
02/18/2025
House
Labor and Commerce Amendment agreed to
02/18/2025
House
Read third time
02/17/2025
House
Read second time
02/13/2025
House
Reported from Labor and Commerce with amendment(s) (21-Y 1-N)
02/06/2025
House
Referred to Committee on Labor and Commerce
02/06/2025
House
Read first time
02/06/2025
House
Placed on Calendar
01/31/2025
Senate
Read third time and passed Senate (26-Y 14-N)
01/30/2025
Senate
Engrossed by Senate - committee substitute
01/30/2025
Senate
Commerce and Labor Substitute agreed to
01/30/2025
Senate
Reading of substitute waived
01/30/2025
Senate
Read second time
01/29/2025
Senate
Passed by for the day
01/29/2025
Senate
Constitutional reading dispensed (on 1st reading) (38-Y 0-N)
01/29/2025
Senate
Rules suspended
01/28/2025
Senate
Committee substitute printed 25105799D-S1
01/27/2025
Senate
Reported from Commerce and Labor with substitute (9-Y 6-N)
01/22/2025
Senate
Fiscal Impact Statement from State Corporation Commission (SB1040)
01/07/2025
Senate
Referred to Committee on Commerce and Labor
01/07/2025
Senate
Prefiled and ordered printed; Offered 01-08-2025 25104404D
Sources
Record Created
Jan 10, 2025 9:20:01 PM
Record Updated
Sep 1, 2025 1:30:04 PM