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Legislation · Virginia · 2026 Regular Session

HB 242: Public utilities; budget plan payment increases.

Summary

Public utilities; budget plan payment increases. Prohibits a public utility from, for any residential customer who is enrolled in a budget plan, increasing the amount of such customer's monthly payment more than once within any 12-month period or without notifying the customer in writing at least 60 days before such increase takes effect. The bill defines "budget plan" as a fixed billing option offered by a public utility to a customer whereby the total service for the succeeding 12-month period is estimated in advance and bills are rendered monthly on the basis of one-twelfth of the 12-month estimate. The provisions of the bill do not apply to any public utility engaged in the business of furnishing water or sewerage facilities.

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Apr 8, 2026

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