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Renewable energy portfolio standard program; geothermal heating and cooling systems; report. Requires, for purposes of the renewable energy portfolio standard program, Dominion Energy Virginia and American Electric Power to annually procure and retire certain percentages of renewable energy certificates from geothermal heating and cooling systems, as defined in the bill. The bill directs the State Corporation Commission to prepare and deliver a report evaluating the procurement and retirement of renewable energy certificates from geothermal heating and cooling systems in the Commonwealth on or before November 1, 2028. The bill also directs the Real Estate Appraiser Board to promulgate regulations requiring the development of a continuing education curriculum and required training for all licensees that includes how to properly determine the increase in value of real estate created by reductions in building energy costs associated with solar, geothermal, and solar water heating investments. As introduced, this bill was a recommendation of the Commission on Electric Utility Regulation and is identical to HB 1102.
Introduced
Jan 12, 2026
Last Action
Mar 12, 2026
Session
VA 2026
Sponsors
1 primary · 0 co
Fiscal Impact Statement from State Corporation Commission (SB252)
Governor's Action Deadline 11:59 p.m., April 13, 2026
Enrolled Bill communicated to Governor on March 10, 2026
Enrolled
Signed by President
Signed by Speaker
Bill text as passed Senate and House (SB252ER)
Passed House (67-Y 29-N 0-A)
Read third time
Read second time
Reported from Labor and Commerce (16-Y 5-N)
Placed on Calendar
Read first time
Referred to Committee on Labor and Commerce
Fiscal Impact Statement from State Corporation Commission (SB252)
Read third time and passed Senate (25-Y 14-N 0-A)
Read second time
Engrossed by Senate as amended (Voice Vote)
Commerce and Labor Amendments agreed to
Constitutional reading dispensed Block Vote (on 1st reading) (40-Y 0-N 0-A)
Passed by for the day Block Vote (Voice Vote)
Rules suspended
Reported from Commerce and Labor with amendments (9-Y 5-N)
Senate committee amendments offered
Fiscal Impact Statement from State Corporation Commission (SB252)
Referred to Committee on Commerce and Labor
Prefiled and ordered printed; Offered 01-14-2026 26104602D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Fiscal Impact Statement from State Corporation Commission (SB252)
Scott A. Surovell