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VA HB242

Bill

Official Source

Status

Enrolled

3/14/2026

Primary Sponsor

Joshua Cole

Click for details

Origin

House of Delegates

2026 Regular Regular Session

AI Summary

  • Prohibits public utilities from increasing a residential customer's budget plan monthly payment more than once within any 12-month period
  • Requires utilities to provide written notice at least 60 days before any budget plan payment increase takes effect
  • Defines "budget plan" as a fixed billing option where annual service costs are estimated and divided into 12 equal monthly payments
  • Exempts water and sewerage utilities from these requirements
  • Adds new section 56-247.2 to the Code of Virginia

Legislative Description

Public utilities; budget plan payment increases.

Last Action

Signed by President

3/14/2026

Committee Referrals

Commerce and Labor1/29/2026
Labor and Commerce: Subcommittee #31/15/2026
Labor and Commerce1/8/2026

Full Bill Text

No bill text available