Virginia · 2026 Regular Session · Bill
SB 40: Electric utilities; renewable energy portfolio standard program, deficiency payments.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 40 is a bill introduced in the Virginia Senate on November 20, 2025. According to its official title, it concerns: Electric utilities; renewable energy portfolio standard program, deficiency payments. Primary sponsor: Bill Stanley (Republican). It lists 1 additional sponsor. Most recent recorded action (February 12, 2026): Passed by indefinitely in Commerce and Labor (9-Y 6-N).
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; renewable energy portfolio standard program; deficiency payments. Removes provisions requiring deficiency payments by certain electric utilities if such utilities are unable to meet the compliance obligation of the renewable energy portfolio standard (RPS) program requirements or if the cost of renewable energy certificates necessary to comply with RPS program requirements exceeds $45 per megawatt hour.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bill Stanley | Primary sponsor | Republican | Senate | 7 |
| Bill DeSteph | Co-sponsor | Republican | Senate | 20 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed by indefinitely in Commerce and Labor (9-Y 6-N)
- Senate committee offered
- Senate committee offered
- Fiscal Impact Statement from State Corporation Commission (SB40)
- Referred to Committee on Commerce and Labor
- Prefiled and ordered printed; Offered 01-14-2026 26100063D