5a13be122b
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
120 lines
8.7 KiB
Markdown
120 lines
8.7 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Energy efficiency programs; definitions, incremental annual savings."
|
||
description: "Energy efficiency programs; incremental annualsavings. Provides that it is in the public interest and the policyof the Commonwealth to deploy demand-side management programs andenergy efficiency measures throughout the Commonwealth to achievethe greatest possible reductions in energy consumption. The billpermits the State Corporation Commission to increase or decreasean investor-owned electric utility's combined rate of return basedon the utility's success in complying with energy efficiency programtargets in existing law. Additionally, the bill states that \"in thepublic interest,\" for the purpose of assessing energy efficiencyprograms, means that the Commission determines that the program is cost-effective. The bill directs the Commission to promulgate regulationsno later than December 31, 2024, establishing a single, consistentcost-effectiveness test for use in evaluating proposed energy efficiencyprograms. Finally, the bill requires the Commission to consider,as a factor in establishing performance based adjustments to thecombined rate of return for an electric utility, the utility's compliancewith energy efficiency standards and to update ongoing proceedings to consider this factor no later than December 31, 2024. The provisionsof the bill apply to any Commission proceeding that commenced onor after January 1, 2024."
|
||
jurisdiction: "us/states/va"
|
||
legislature: "Virginia General Assembly"
|
||
session: "2024"
|
||
identifier: "SB 565"
|
||
citation: "Virginia SB 565 (2024)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["R. Creigh Deeds"]
|
||
version_count: 6
|
||
action_count: 48
|
||
vote_count: 10
|
||
first_action: "2024-01-10"
|
||
last_action: "2024-04-17"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/a8a8f77e-c4e9-4ff6-a310-8e95d0329108"
|
||
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB565"
|
||
source_hash: "94092566287e9fb45d257eaca7c22fdef0915094f7a2ffdaf1a3ac02c8da9834"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-va"]
|
||
---
|
||
|
||
# Virginia SB 565 (2024) — Energy efficiency programs; definitions, incremental annual savings.
|
||
|
||
Energy efficiency programs; incremental annualsavings. Provides that it is in the public interest and the policyof the Commonwealth to deploy demand-side management programs andenergy efficiency measures throughout the Commonwealth to achievethe greatest possible reductions in energy consumption. The billpermits the State Corporation Commission to increase or decreasean investor-owned electric utility's combined rate of return basedon the utility's success in complying with energy efficiency programtargets in existing law. Additionally, the bill states that "in thepublic interest," for the purpose of assessing energy efficiencyprograms, means that the Commission determines that the program is cost-effective. The bill directs the Commission to promulgate regulationsno later than December 31, 2024, establishing a single, consistentcost-effectiveness test for use in evaluating proposed energy efficiencyprograms. Finally, the bill requires the Commission to consider,as a factor in establishing performance based adjustments to thecombined rate of return for an electric utility, the utility's compliancewith energy efficiency standards and to update ongoing proceedings to consider this factor no later than December 31, 2024. The provisionsof the bill apply to any Commission proceeding that commenced onor after January 1, 2024.
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **CHAP0794** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+CHAP0794)
|
||
2. **Committee substitute printed 24106759D-S1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB565S1)
|
||
3. **Committee substitute printed 24107975D-H1** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB565H1)
|
||
4. **Prefiled and ordered printed; offered 01/10/24 24104925D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB565)
|
||
5. **SB565ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB565ER)
|
||
6. **SB565ER2** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+SB565ER2)
|
||
|
||
## Votes
|
||
|
||
- Constitutional reading dispensed (39-Y 0-N) — **39–0** (pass) · upper
|
||
- VOTE: Passage (85-Y 12-N) — **84–12** (pass) · lower
|
||
- Read third time and passed Senate (20-Y 19-N) — **20–19** (pass) · upper
|
||
- Passed Senate (21-Y 18-N) — **21–18** (pass) · upper
|
||
- Reported from Labor and Commerce with substitute (18-Y 3-N) — **18–3** (pass) · lower
|
||
- Senate concurred in Governor's recommendation (37-Y 3-N) — **37–3** (pass) · upper
|
||
- Reconsideration of passage agreed to by Senate (39-Y 0-N) — **39–0** (pass) · upper
|
||
- VOTE: Adoption (92-Y 5-N) — **91–5** (pass) · lower
|
||
- Reported from Commerce and Labor with substitute (9-Y 6-N) — **9–6** (pass) · upper
|
||
- House substitute agreed to by Senate (23-Y 17-N) — **23–17** (pass) · upper
|
||
|
||
## Sponsors
|
||
|
||
- R. Creigh Deeds — primary (person)
|
||
- Jennifer B. Boysko — cosponsor (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2024-01-10** Prefiled and ordered printed; offered 01/10/24 24104925D `filing, introduction`
|
||
- **2024-01-10** Referred to Committee on Commerce and Labor `referral-committee`
|
||
- **2024-01-29** Impact statement from SCC (SB565)
|
||
- **2024-02-09** Senate committee, floor amendments and substitutes offered
|
||
- **2024-02-09** Reported from Commerce and Labor with substitute (9-Y 6-N) `committee-passage`
|
||
- **2024-02-09** Committee substitute printed 24106759D-S1 `substitution`
|
||
- **2024-02-09** Constitutional reading dispensed (39-Y 0-N)
|
||
- **2024-02-12** Read second time `reading-2`
|
||
- **2024-02-12** Reading of substitute waived
|
||
- **2024-02-12** Committee substitute agreed to 24106759D-S1 `substitution`
|
||
- **2024-02-12** Engrossed by Senate - committee substitute SB565S1 `substitution`
|
||
- **2024-02-13** Read third time and passed Senate (20-Y 19-N) `passage, reading-3`
|
||
- **2024-02-13** Reconsideration of passage agreed to by Senate (39-Y 0-N)
|
||
- **2024-02-13** Passed Senate (21-Y 18-N) `passage`
|
||
- **2024-02-16** Placed on Calendar
|
||
- **2024-02-16** Read first time `reading-1`
|
||
- **2024-02-16** Referred to Committee on Labor and Commerce `referral-committee`
|
||
- **2024-02-21** Impact statement from SCC (SB565S1)
|
||
- **2024-02-27** House committee, floor amendments and substitutes offered
|
||
- **2024-02-27** Reported from Labor and Commerce with substitute (18-Y 3-N) `committee-passage`
|
||
- **2024-02-27** Committee substitute printed 24107975D-H1 `substitution`
|
||
- **2024-02-29** Read second time `reading-2`
|
||
- **2024-03-01** Read third time `reading-3`
|
||
- **2024-03-01** Committee substitute agreed to 24107975D-H1 `substitution`
|
||
- **2024-03-01** Engrossed by House - committee substitute SB565H1 `substitution`
|
||
- **2024-03-01** Passed House with substitute (85-Y 12-N) `passage`
|
||
- **2024-03-01** VOTE: Passage (85-Y 12-N) `passage`
|
||
- **2024-03-04** Passed by for the day
|
||
- **2024-03-05** House substitute agreed to by Senate (23-Y 17-N) `substitution`
|
||
- **2024-03-05** Title replaced 24107975D-H1
|
||
- **2024-03-08** Enrolled `enrolled`
|
||
- **2024-03-08** Bill text as passed Senate and House (SB565ER) `passage`
|
||
- **2024-03-08** Impact statement from SCC (SB565H1)
|
||
- **2024-03-08** Signed by Speaker `passage`
|
||
- **2024-03-09** Signed by President `passage`
|
||
- **2024-03-11** Enrolled Bill Communicated to Governor on March 11, 2024 `enrolled`
|
||
- **2024-03-11** Governor's Action Deadline 11:59 p.m., April 8, 2024 `executive-receipt`
|
||
- **2024-04-08** Governor's recommendation received by Senate `executive-veto-line-item`
|
||
- **2024-04-17** Senate concurred in Governor's recommendation (37-Y 3-N)
|
||
- **2024-04-17** House concurred in Governor's recommendation (92-Y 5-N)
|
||
- **2024-04-17** VOTE: Adoption (92-Y 5-N)
|
||
- **2024-04-17** Governor's recommendation adopted `executive-signature`
|
||
- **2024-04-17** Reenrolled `enrolled`
|
||
- **2024-04-17** Reenrolled bill text (SB565ER2) `enrolled`
|
||
- **2024-04-17** Signed by President as reenrolled `enrolled, passage`
|
||
- **2024-04-17** Signed by Speaker as reenrolled `enrolled, passage`
|
||
- **2024-04-17** Enacted, Chapter 794 (effective 7/1/24) `became-law`
|
||
- **2024-04-17** Acts of Assembly Chapter text (CHAP0794)
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a8a8f77e-c4e9-4ff6-a310-8e95d0329108`. Confidence: reported (aggregated from official Virginia legislature records).
|
||
|