Virginia legislation · 2026 Regular Session
Virginia SB777: An Act to amend the Code of Virginia by adding a section numbered 56-579.1, relating to electric utilities and licensed suppliers of electricity; regional transmission entities; annual report.
Status: Chaptered, April 13, 2026
Electric utilities and licensed suppliers of electricity; regional transmission entity; annual report. Requires each investor-owned utility or licensed supplier that joins or establishes the regional transmission entity (PJM Interconnection, LLC) to submit an annual report to the State Corporation Commission by February 1 of each year. Such report shall include (i) all recorded votes cast by the utility or licensed supplier at a meeting during the immediately preceding calendar year, (ii) all votes cast by an affiliate of the utility or licensed supplier at a meeting during the immediately preceding calendar year, and (iii) a brief description explaining how each recorded vote is in the public interest. The provisions of the bill do not apply to municipal utilities or certain electric cooperatives. This bill is identical to HB 84.
What the bill says
An Act to amend the Code of Virginia by adding a section numbered 56-579.1, relating to electric utilities and licensed suppliers of electricity; regional transmission entities; annual report. [S 777] Approved April 13, 2026 1. That the Code of Virginia is amended by adding a section numbered 56-579.1 as regional transmission entities; annual report. A. As used in this section: "Affiliate" means the same as that term is defined in § 56-576. "Licensed supplier" means any voting member of the regional transmission entity that has generation or transmission facilities in the Commonwealth and sell.
From the enrolled text, April 13, 2026:
An Act to amend the Code of Virginia by adding a section numbered 56-579.1, relating to electric utilities and licensed suppliers of electricity; regional transmission entities; annual report. [S 777] Approved April 13, 2026 1. That the Code of Virginia is amended by adding a section numbered 56-579.1 as regional transmission entities; annual report. A. As used in this section: "Affiliate" means the same as that term is defined in § 56-576. "Licensed supplier" means any voting member of the regional transmission entity that has generation or transmission facilities in the Commonwealth and sells electricity to purchasers in the Commonwealth. "Meeting" means any meeting of the regional transmission entity, its committees, user groups, task forces, or any other part of the regional transmission entity where votes are taken. "Recorded vote" means any final or non-final vote that is tabulated, individually or as part of a sector, for any purpose at a meeting, regardless of whether the vote represents a final position of the entity casting such vote or the decision-making authority of those voting. "Regional transmission entity" means PJM Interconnection, LLC. B. Each investor-owned electric utility or licensed supplier that joins or establishes the regional transmission entity shall submit to the Commission no later than February 1 of each year a report of any recorded vote cast by the utility, …