Skip to main content
Independent and nonpartisan. SaveYourState is a civic information resource. It is not a government website and is not affiliated with any government agency, party, or campaign.

Virginia · 2026 Regular Session · Bill

HB 1275: Electric utilities; recovery of certain project development costs.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1275 is a bill introduced in the Virginia House on January 14, 2026. According to its official title, it concerns: Electric utilities; recovery of certain project development costs. Primary sponsor: Eric Phillips (Republican). Most recent recorded action (February 18, 2026): Left in Labor and Commerce.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Electric utilities; recovery of certain project development costs. Permits an investor-owned electric utility to petition the State Corporation Commission at any time for the approval of a rate adjustment clause for the recovery of project development costs for up to five electric generation facilities, regardless of fuel source. The bill also exempts such facilities from requirements in existing law to retire or decommission such facilities. The provisions of the bill have a contingent expiration date of one year after the effective date of any regulations promulgated by the State Air Pollution Control Board to establish carbon dioxide emissions allowances pursuant to current law.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Eric PhillipsPrimary sponsorRepublicanHouse48

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Left in Labor and Commerce
  2. Fiscal Impact Statement from State Corporation Commission (HB1275)
  3. Referred to Committee on Labor and Commerce
  4. Prefiled and ordered printed; Offered 01-14-2026 26105378D

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source