by Steve Haner

The expansion of an existing state electricity-bill subsidy program under legislation pending at the 2026 General Assembly could add up to $360 million to the annual cost during its first full year of implementation.ย
The Department of Planning and Budget (DPB) has produced a detailed fiscal impact analysis for House Bill 884, which revamps the Percentage of Income Payment Program (PIPP), first authorized in 2020. The bill would raise the eligibility threshold to bring in more participants and increase the financial benefit they would receive.
The Department of Planning and Budget left out one little detail in its five-page report. PIPP is funded by ratepayers, not taxpayers. All the money for higher benefits and the administrative overhead would come from the ratepayers of Dominion Energy Virginia and Appalachian Power Company. PIPP is not available to the rural cooperatives’ customers. ย
House Bill 884 (that link is to the current bill text) has passed the House of Delegates 63-34 and is pending in the Senate Commerce and Labor Committee. The final House vote happened February 17 and the financial estimate is dated February 21, so it may not have been part of the record before the House voted, even though it shows up with the vote on the legislative tracking page.














