Virginia HB 634

Electric utilities; pilot programs for energy assistance and weatherization for certain individuals. Amends annual funding commitments for the purposes of the annual pilot program for energy assistance and weatherization for low-income, elderly, and disabled individuals conducted by Dominion Energy and Appalachian Power Company. Under the bill, Dominion Energy shall conduct its pilot program at no less than $13 million and no greater than $17 million annually, and Appalachian Power Company shall conduct its pilot program at no less than $1 million and no greater than $1.5 million annually. The bill extends the sunset date of such pilot programs from July 1, 2028 to July 1, 2038. The bill also provides that Dominion Energy may recover costs associated with certain electrical facilities that have been approved by the State Corporation Commission as of December 1, 2038, notwithstanding any time limitations on such cost recovery in current law. This bill is a recommendation of the Commission on Electric Utility Regulation.