SB 251: Electric utilities; performance-based regulatory framework.

Official summary

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

Electric utilities; performance-based regulation; work group; report. Directs the State Corporation Commission to independently consider whether elements of an effective performance-based regulatory framework to evaluate and potentially improve electric utility performance and cost control incentives in the Commonwealth are in the public interest and to develop related legislative recommendations. The bill requires the Commission to include its findings and recommendations in a report required by existing law by July 1, 2027. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation. This bill is identical to HB 903.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“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. April 13, 2026Acts of Assembly Chapter text (CHAP0702)
2. April 13, 2026Approved by Governor-Chapter 702 (effective 7/1/2026)
3. April 6, 2026Fiscal Impact Statement from State Corporation Commission (SB251)
4. March 31, 2026Governor's Action Deadline 11:59 p.m., April 13, 2026
5. March 31, 2026Enrolled Bill communicated to Governor on March 31, 2026
6. March 31, 2026Signed by Speaker
7. March 30, 2026Signed by President
8. March 30, 2026Bill text as passed Senate and House (SB251ER)
9. March 30, 2026Enrolled
10. March 12, 2026House amendment agreed to by Senate (23-Y 17-N 0-A)
11. March 11, 2026Passed House with amendment (62-Y 33-N 0-A)
12. March 11, 2026Engrossed by House as amended

Showing 12 most recent of 36 actions. Full history