by Steve Haner

Key energy legislation poised to pass the 2026 General Assembly will increase your future electricity bills, not lower them. The bills will worsen price increases already caused by the Virginia Clean Economy Act, which passed the last time Virginia was under one-party control. ย
As the Assembly crosses its first deadline, with each chamber now able to only consider bills approved by the other body, several of the proposals discussed below have passed on both sides. They likely will end up in front of Governor Abigail Spanberger (D) for final approval.ย
Many will raise future electricity costs for everyone. Others will have a more targeted impact, as the Assemblyโs majority is creating or expanding programs that use ratepayer funds to pay for energy home improvements for the favored few. Why raise taxes when you can hide social spending programs on utility bills?ย ย
The demarcation line toย identifyย those deserving the financial investment in their residences,ย as opposed to thoseย whoย provide the cash,ย seems to be 200 percent of the officialย federal poverty measure. That is an income ofย $66,000 for aย family of four inย 2026.ย
That will be the new, higherย eligibilityย cut-off for the existingย Percentage of Income Paymentย Programย (PIPP), first authorized in 2020, underย House Bill 884. PIPP creates a monthly bill cap for its enrollees, and the pending bill also lowers that cap, which will further increase its reach. The cap now kicks in if the electricity bill (including heat) exceeds ten percent of the enrolleeโs income, but under this bill the cap is lowered to five percent of income.ย










