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Electric utilities; pilot program for electric energy conservation, generation, and storage. Requires American Electric Power and Dominion Energy Virginia to each petition the State Corporation Commission by December 31, 2026, to conduct a pilot program for electric energy conservation, solar energy generation, and energy storage resources for low-income, elderly, and disabled individuals. The bill directs the Commission to convene a technical conference to evaluate the creation of an energy efficiency program meeting certain requirements by November 1, 2026. Under the bill, if the Commission determines that such a program is feasible for implementation by American Electric Power and Dominion Energy Virginia, the Commission shall require such utilities to petition for approval by May 1, 2027, to implement such programs. The bill has an expiration date of July 1, 2034. This bill is identical to SB 327.
Introduced
Jan 14, 2026
Last Action
Mar 12, 2026
Session
VA 2026
Sponsors
1 primary · 3 co
Fiscal Impact Statement from State Corporation Commission (HB1062)
Governor's Action Deadline 11:59 p.m., April 13, 2026
Enrolled Bill communicated to Governor on March 10, 2026
Fiscal Impact Statement from State Corporation Commission (HB1062)
Bill text as passed House and Senate (HB1062ER)
Enrolled
Signed by President
Signed by Speaker
Senate substitute agreed to by House (68-Y 31-N 0-A)
Read third time
Passed Senate with substitute (21-Y 19-N 0-A)
Engrossed by Senate - committee substitute
Commerce and Labor Substitute agreed to
Rules suspended
Passed by for the day Block Vote (Voice Vote)
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
Committee substitute printed 26108402D-S1
Senate committee offered
Reported from Commerce and Labor with substitute (9-Y 6-N)
Fiscal Impact Statement from State Corporation Commission (HB1062)
Referred to Committee on Commerce and Labor
Constitutional reading dispensed (on 1st reading)
Read third time and passed House (76-Y 22-N 0-A)
Moved from Uncontested Calendar to Regular Calendar
Engrossed by House - committee substitute
committee substitute agreed to
Read second time
Read first time
Committee substitute printed 26106996D-H1
Reported from Labor and Commerce with substitute (22-Y 0-N)
Fiscal Impact Statement from State Corporation Commission (HB1062)
Subcommittee recommends reporting with substitute (9-Y 0-N)
House subcommittee offered
Assigned HCL sub: Subcommittee #3
Referred to Committee on Labor and Commerce
Prefiled and ordered printed; Offered 01-14-2026 26105345D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Fiscal Impact Statement from State Corporation Commission (HB1062)
Phil M. Hernandez