2025 Regular SessionVirginia Legislature

HB2437: Utility Facilities Act; definition of public utility.

Legislative Summary

Utility Facilities Act; definition of public utility. Provides that for the purpose of the Utility Facilities Act, "public utility" does not include a company that provides electric service from a generation facility located on the same tract of land as a customer with an actual or anticipated load greater than one megawatt that has been notified by its incumbent electric utility that such utility is unable to provide adequate electric service within six months of the customer's request, provided that (i) the company utilizes an electricity generation process that has an emissions rate at least 30 percent lower than the average annual marginal grid emissions rate in the PJM transmission region at the time of installation and (ii) all costs associated with such generator are borne by the customer and not by other ratepayers.

Demographic Impact

Overall analysis of equity impact

60% Positive
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Bill History

1/8/2025
Prefiled and ordered printed; Offered 01-08-2025 25102650D
House of Delegates
1/8/2025
Referred to Committee on Labor and Commerce
House of Delegates
1/22/2025
Fiscal Impact Statement from State Corporation Commission (HB2437)
House of Delegates
2/5/2025
Left in Labor and Commerce
House of Delegates

Status Information

Current Status
Introduced(1/8/2025)
Chamber
House of Delegates
Committee
Labor and Commerce(House of Delegates)

Sponsors

Republican: 1

Documents

Introduced
Bill Text1/8/202516.6 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/21/202596.8 KB