HB2266: Electric utilities; distribution cost sharing program established, etc.

Legislative Summary

State Corporation Commission; distribution cost sharing program; required distribution system upgrades. Directs the State Corporation Commission by July 1, 2026, to establish by regulation a distribution cost sharing program for Dominion Energy Virginia and Appalachian Power to construct distribution system upgrades required to interconnect participating projects, as defined in the bill. The bill directs the Commission to require each such utility to file any tariffs, agreements, or forms necessary for the implementation of the program by December 1, 2026, and to submit a report on the implementation of the program by November 1, 2028. This bill is identical to SB 1058.