HB892 • 2026

Electric utilities; integrated resource plans; SCC to investigate electric load forecasts.

An Act to amend and reenact § 56-598 of the Code of Virginia, relating to electric utilities; integrated resource plans; State Corporation Commission to investigate electric load forecasts.

Energy

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Shin
Last action: 2026-04-22
Official status: Acts of Assembly Chapter
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Electric utilities; integrated resource plans; SCC to investigate electric load forecasts.

Electric utilities; integrated resource plans; State Corporation Commission to investigate electric load forecasting practices.

What This Bill Does

Electric utilities; integrated resource plans; State Corporation Commission to investigate electric load forecasting practices.
Requires Dominion Energy to provide information related to forecasting its compliance with renewable energy portfolio standards in its integrated resource plan submitted to the State Corporation Commission, excluding information related to accelerated renewable energy buyers or customers purchasing electricity from a licensed supplier.
The bill also directs the Commission to initiate a proceeding no later than March 1, 2027, to investigate electric load forecasting practices by Dominion Energy, Appalachian Power Company, and electric distribution cooperatives.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB892AC

2026-03-14 • Conference

Conference Report

Plain English: JOINT CONFERENCE COMMITTEE REPORT We, the conferees, appointed by the respective bodies to consider and report upon the disagreeing vote on House Bill No.

JOINT CONFERENCE COMMITTEE REPORT We, the conferees, appointed by the respective bodies to consider and report upon the disagreeing vote on House Bill No.
892 , report as follows: A.
We recommend that the Senate Amendment in the Nature of a Substitute (26108913D) be rejected.
B.

HB892G

2026-04-11 • Governor

Governor's Recommendation

Plain English: (HB892) GOVERNOR'S RECOMMENDATION 1.

(HB892) GOVERNOR'S RECOMMENDATION 1.
At the beginning of line 57, enrolled insert location-specific or 2.
Line 57, enrolled, after information.
strike the remainder of line 57, all of lines 58 and 59, and through order.

HB892H2

2026-03-14 • Conference

Conference Report Substitute

Plain English: 2026 SESSION HOUSE SUBSTITUTE 26110070D HOUSE BILL NO.

2026 SESSION HOUSE SUBSTITUTE 26110070D HOUSE BILL NO.
892 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Joint Conference Committee on March 14, 2026) (Patron Prior to Substitute—Delegate Shin) A BILL to amend and reenact § 56-598 of the Code of Virginia, relating to electric utilities; integrated resource plans; State Corporation Commission to investigate electric load forecasts.
Be it enacted by the General Assembly of Virginia: 1.
That § 56-598 of the Code of Virginia is amended and reenacted as follows: § 56-598 .

Bill History

2026-04-22 Governor
Governor's recommendation adopted
2026-04-22 House
Signed by Speaker
2026-04-22 Senate
Signed by President
2026-04-22 Governor
Approved by Governor-Chapter 1077 (effective 7/1/2026)
2026-04-22 House
Reenrolled
2026-04-22 House
Reenrolled bill text (HB892ER2)
2026-04-22 Governor
Acts of Assembly Chapter text (CHAP1077)
2026-04-22 House
House concurred in Governor's recommendation (63-Y 33-N 0-A)
2026-04-22 Senate
Senate concurred in Governor's recommendation (21-Y 18-N 0-A)
2026-04-13 House
Fiscal Impact Statement from State Corporation Commission (HB892)
2026-04-11 Governor
Governor's recommendation received by House
2026-03-31 House
Enrolled Bill communicated to Governor on March 31, 2026
2026-03-31 Governor
Governor's Action Deadline 11:59 p.m., April 13, 2026
2026-03-31 House
Signed by Speaker
2026-03-31 House
Enrolled Bill communicated to Governor on March 31, 2026
2026-03-31 Governor
Governor's Action Deadline 11:59 p.m., April 13, 2026
2026-03-30 Senate
Signed by President
2026-03-30 House
Enrolled
2026-03-30 House
Bill text as passed House and Senate (HB892ER)
2026-03-14 Conference
Conference Report released
2026-03-14 House
Conference report agreed to by House (61-Y 34-N 0-A)
2026-03-14 Senate
Conference report agreed to by Senate (21-Y 18-N 0-A)
2026-03-12 Senate
Senate requested conference committee
2026-03-12 Senate
Senate Conferees: Deeds, Bagby, Stuart
2026-03-12 Senate
Conferees appointed by Senate
2026-03-12 Senate
Senate insisted on substitute
2026-03-12 Senate
Senate insisted on substitute Block Vote (40-Y 0-N 0-A)
2026-03-12 House
House acceded to request
2026-03-12 House
Conferees appointed by House
2026-03-12 House
House Conferees: Shin, LeVere Bolling, O'Quinn
2026-03-11 House
Senate substitute rejected by House (0-Y 99-N 0-A)
2026-03-10 Senate
Read third time
2026-03-10 Senate
Read third time
2026-03-10 Senate
Engrossed by Senate - committee substitute
2026-03-10 Commerce and Labor
Commerce and Labor Substitute agreed to
2026-03-10 Senate
Passed Senate with substitute (21-Y 18-N 0-A)
2026-03-09 Senate
Rules suspended
2026-03-09 Senate
Passed by for the day
2026-03-09 Senate
Constitutional reading dispensed Block Vote (on 2nd reading) (40-Y 0-N 0-A)
2026-03-09 Senate
Passed by for the day Block Vote (Voice Vote)
2026-03-06 Finance and Appropriations
Reported from Finance and Appropriations (10-Y 5-N)
2026-03-05 Commerce and Labor
Fiscal Impact Statement from State Corporation Commission (HB892)
2026-03-03 Commerce and Labor
Committee substitute printed 26108913D-S1
2026-03-02 Commerce and Labor
Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (8-Y 5-N)
2026-03-02 Senate
Senate committee offered
2026-02-12 Senate
Constitutional reading dispensed (on 1st reading)
2026-02-12 Commerce and Labor
Referred to Committee on Commerce and Labor
2026-02-11 House
Read third time and passed House (63-Y 32-N 0-A)
2026-02-10 House
Read second time
2026-02-10 House
committee substitute agreed to
2026-02-10 House
Engrossed by House - committee substitute
2026-02-09 House
Read first time
2026-02-06 Labor and Commerce
Committee substitute printed 26106945D-H1
2026-02-05 Labor and Commerce
Reported from Labor and Commerce with substitute (15-Y 7-N)
2026-02-03 Subcommittee #3
Subcommittee recommends reporting with substitute (6-Y 3-N)
2026-02-03 Subcommittee #3
House subcommittee offered
2026-02-01 House
Fiscal Impact Statement from State Corporation Commission (HB892)
2026-01-22 Subcommittee #3
Assigned HCL sub: Subcommittee #3
2026-01-13 House
Prefiled and ordered printed; Offered 01-14-2026 26103264D
2026-01-13 Labor and Commerce
Referred to Committee on Labor and Commerce

Official Summary Text

Electric utilities; integrated resource plans; State Corporation Commission to investigate electric load forecasting practices.
Requires Dominion Energy to provide information related to forecasting its compliance with renewable energy portfolio standards in its integrated resource plan submitted to the State Corporation Commission, excluding information related to accelerated renewable energy buyers or customers purchasing electricity from a licensed supplier. The bill also directs the Commission to initiate a proceeding no later than March 1, 2027, to investigate electric load forecasting practices by Dominion Energy, Appalachian Power Company, and electric distribution cooperatives.

Current Bill Text

Read the full stored bill text

An Act to amend and reenact §
56-598
of the Code of Virginia, relating to electric utilities; integrated resource plans; State Corporation Commission to investigate electric load forecasts.
Be it enacted by the General Assembly of Virginia:
1. That §
56-598
of the Code of Virginia is amended and reenacted as follows:
§
56-598
. Contents of integrated resource plans.
An IRP should:
1. Integrate, over the planning period, the electric utility's forecast of demand for electric generation supply with recommended plans to meet that forecasted demand and assure adequate and sufficient reliability of service, including:
a. Generating electricity from generation facilities that it currently operates or intends to construct or purchase;
b. Purchasing electricity from affiliates and third parties;
c. Reducing load growth and peak demand growth through cost-effective demand reduction programs; and
d. Utilizing energy storage facilities to help meet forecasted demand and assure adequate and sufficient reliability of service;
2. Identify a portfolio of electric generation supply resources, including purchased and self-generated electric power, that:
a. Consistent with §
56-585.1
, is most likely to provide the electric generation supply needed to meet the forecasted demand, net of any reductions from demand side programs, so that the utility will continue to provide reliable service at reasonable prices over the long term; and
b. Will consider low cost energy/capacity available from short-term or spot market transactions, consistent with a reasonable assessment of risk with respect to both price and generation supply availability over the term of the plan;
3. Reflect a diversity of electric generation supply and cost-effective demand reduction contracts and services so as to reduce the risks associated with an over-reliance on any particular fuel or type of generation demand and supply resources and be consistent with the Commonwealth's energy policies as set forth in §
45.2-1706.1
;
and
4.
Provide information related to forecasting the utility's compliance with the renewable energy portfolio standard obligations under §
56-585.5
over the planning period. In forecasting compliance with such obligations, the utility shall not include the compliance requirements associated with (i) accelerated renewable energy buyers under contract with the utility as provided in subsection G of §
56-585.5
or (ii) customers purchasing electric energy from a licensed supplier under §
56-577
; and
5.
Include such additional information as the Commission requests pertaining to how the electric utility intends to meets its obligation to provide electric generation service for use by its retail customers over the planning period.
2. That no later than March 1, 2027, the State Corporation Commission (the Commission) shall initiate a single proceeding to investigate electric load forecasting practices by (i) each Phase I and Phase II Utility, as such terms are defined in subdivision A 1 of §
56-585.1
of the Code of Virginia, including electric load forecasting services performed on behalf of an electric distribution cooperative organized under Article 1 (§
56-231.15
et seq.) of Chapter 9.1 of Title 56 of the Code of Virginia, and (ii) each electric distribution cooperative organized under Article 1 (§
56-231.15
et seq.) of Chapter 9.1 of Title 56 of the Code of Virginia. In conducting such proceeding, the Commission shall evaluate the methodologies, data, and assumptions used by the applicable utilities and cooperatives in developing electric load forecasts submitted to the regional transmission entity, PJM Interconnection, LLC (PJM). In conducting such proceeding, the Commission shall (a) review the materials, data sets, and filings provided to PJM for load forecasting purposes by the applicable utilities and cooperatives; (b) evaluate the accuracy, consistency, and transparency of load forecasting methods and assumptions among the applicable utilities and cooperatives; and (c) determine whether such utilities 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. The Commission may require the parties to provide anonymized data sets sufficient to permit a third party under contract with the Commission to replicate load forecast results and identify potentially duplicative load data, subject to any confidentiality protections deemed appropriate to protect location-specific or consumer-specific information. In conducting such proceeding, the Commission shall coordinate with PJM to confirm that the load forecasts provided by the applicable utilities and cooperatives are incorporated in regional planning processes on a fair, accurate, and nonduplicative basis.