Virginia · 2026 Regular Session · Bill
SB 470: Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 470 is a bill introduced in the Virginia Senate on January 13, 2026. According to its official title, it concerns: Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc. Primary sponsor: Dave Marsden (Democratic). Most recent recorded action (February 12, 2026): Incorporated by Commerce and Labor (SB598-Deeds) (15-Y 0-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 portfolio standard program; zero-carbon electricity; accelerated renewable energy buyers. Classifies zero-carbon electricity generating facilities that are not otherwise renewable portfolio standard (RPS) program eligible sources and that are placed into service in the Commonwealth after July 1, 2030, as RPS eligible sources. The bill permits an accelerated renewable energy buyer to contract to obtain bundled capacity, energy, and renewable energy certificates from solar, wind, or zero-carbon electricity generation located within the PJM region and placed in commercial operation on or before January 1, 2015, if investments to increase the maximum thermal power output of such facility occurred after January 1, 2015, or if a financial agreement for procurement of energy and capacity was entered into with such facility after January 1, 2015, to prevent the early retirement or decommissioning of such facility due to financial constraints.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Dave Marsden | Primary sponsor | Democratic | Senate | 35 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Incorporated by Commerce and Labor (SB598-Deeds) (15-Y 0-N)
- Fiscal Impact Statement from State Corporation Commission (SB470)
- Referred to Committee on Commerce and Labor
- Prefiled and ordered printed; Offered 01-14-2026 26101544D