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Virginia RPS Bill Signed by Governor
As amended HB892 was signed into law by Gov. Spanberger on April 22, 2026.
This new law goes into effect July 1, 2026.
This bill as amended on March 10, 2026 the new law requires Dominion to include in its integrated resource plan information related to forecasting its compliance with RPS requirements, excluding those associated with accelerated renewable energy buys or customers purchasing energy from a licensed supplier.
The bill would also require State Corporation Commission (SCC) to initiate a proceeding, by April 1, 2027 to investigate the electric load forecasting practices of Dominion, APCo, and electric cooperatives.
Under the new law SCC must:
(1) review and evaluate the accuracy, consistency, and transparency of the load forecasting materials and filings submitted to PJM; and
(2) determine whether the utilities and coops are incorporating risk minimization terms into the load forecast, including financial commitments, minimum demand obligations, and other terms that may also be provisions of large load customer tariffs or contracts.
