Index
Virginia Clean Economy Act (VCEA)
Summary
The VCEA mandates that Virginia's largest utility companies transition to 100% clean, carbon-free energy by 2050, officially phasing out coal and natural gas power plants.
Rights & Rules
- 01.Dominion Energy (the state's largest utility) must produce 100% of its electricity from renewable sources by 2045.
- 02.Appalachian Power (the second-largest) must hit the 100% renewable goal by 2050.
- 03.Almost all coal-fired power plants in the state must be permanently shut down by 2024.
- 04.The law massively expands the state's investment in offshore wind farms and rooftop solar arrays.
Penalties
- 01.Utility companies that fail to meet their legally mandated yearly benchmarks for renewable energy generation must pay massive 'deficiency payments' (fines) into a state fund used to help low-income residents pay their power bills.
Verified Citations
Code of Virginia Title 56, Chapter 23
Source"Each Phase I and Phase II Utility shall construct or acquire... solar and onshore wind generating capacity... By December 31, 2045... 100 percent of the Phase I Utility's total electric energy sales shall be generated from zero-carbon sources..."