SB 1160

Abstract

Electric utilities; emissions intensity target program. Requires the State Corporation Commission to develop an emissions intensity target program for Dominion Energy Virginia and American Electric Power to achieve net-zero emissions. The bill requires the Commission to promulgate regulations to implement its provisions by January 1, 2026. Upon the promulgation of such regulations, the bill repeals certain provisions that require Dominion Energy Virginia and American Electric Power to participate in a renewable energy portfolio standard program, authorize the State Air Pollution Control Board to promulgate certain regulations, and provide that the construction or purchase by a public utility of certain generation facilities is in the public interest.

A BILL to amend and reenact §§ 10.1-1402.03, 10.1-1402.04, 10.1-1187.6, 10.1-1307, 10.1-1322.3, 45.2-1701.1, 56-585.1, 56-585.3, 56-585.5, 56-585.8, 56-594.3, 56-594.4, and 58.1-400.3 of the Code of Virginia, to amend the Code of Virginia by adding a section numbered 56-596.5, and to repeal §§ 10.1-1308, 56-585.1:11, and 56-585.5 of the Code of Virginia, relating to electric utilities; emissions intensity target program.