by Steve Haner
The 2026 General Assembly has passed at least nine separate new laws that will increase the cost of your electricity.ย ย Not one of the bills creates a single megawatt of additional energy for our use.ย
Most of the bills create new ways for the utilities to take money from all their ratepayers and spend it to benefit a small set of their customers, mainly based on their low income. Those will be praised by advocates as โaffordabilityโ measures, at least for those beneficiaries, but for the vast majority they will mean added cost. ย
Few of these bills have cost estimates. The list:ย ย ย
#1.ย Overย the next twenty years, the largestย increase inย customer cost willย come from theย expansion of the Virginia Clean Economy Actย to include construction of hugeย battery storage complexes,ย perhaps asย much as 140 gigawatt hours of storage. The battery bill, also passed in 2025 but vetoed,ย will create aย ratepayer revenueย requirementย in the tens of billions of dollars, much of it profits forย utilityย investorsย asย theย plantsย are amortized over decades.ย ย
#2.ย Right behind the battery construction mandate in customer cost impact will be the return of Virginia to theย Regional Greenhouse Gas Initiative (RGGI), which imposes a carbon taxย on any power plant that uses natural gas,ย coal,ย oilย or biomass as fuel. Based on the recentย carbon auction priceย of about $25 per ton, Virginiaโs manyย such plants will pay more than $550 million in carbon taxes starting no later than next winter.ย ย
















