Virginia Clean Economy Act

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The Virginia Clean Economy Act (HB 1526 and SB 851) was signed into law by Governor Ralph Northam in 2020. The bill establishes a renewable energy portfolio standard (RPS), which mandates that the two utilities in the state, Dominion Energy Virginia and Appalachian Electric Power, produce 100 percent renewable electricity by 2045 and 2050, respectively.^[1] It also sets energy efficiency standards. Utilities that fail to comply with the RPS will pay into a fund that, in-part, goes toward training historically disadvantaged communities for employment in the clean energy sector.^[1] As it was originally written, the bill would have included joining RGGI (the Regional Greenhouse Gas Initiative) of Northeastern US states, but that provision was pulled out and passed in a later bill.^[2]