The code means that there is a problem with the heater element circuit of the heated oxygen sensor. The Engine Control Module (ECM) monitors how long it take the sensor to warm up and start sending an adequate signal. The code means the the sensor is taking too long to warm up. Replacing the Front Heated Oxygen Sensor (H2OS) Bank 2 usually takes care of the problem.
The Powertrain Control Module (PCM) runs the heater test only on a cold start (depends on the cumulative air flow) and only once an ignition cycle. When you start the engine the PCM monitors the HO2S voltage. When the HO2S voltage goes above or below the bias range threshold, the PCM determines how much time it took. If the PCM detects that the process took too much time for the HO2S to enter into normal operating range, the P0155 code will set. The time the process takes the HO2S to reach operating temperature is based on the amount of air that flows into the engine.
Engine Light ON (or Service Engine Soon Warning Light)
Possible higher fuel consumption
Possible more smoke from exhaust than usual
P0155 Chevrolet Description
The Powertrain Control Module (PCM) supplies a bias voltage (approximately 450 mV) on the Heated Oxygen Sensor (HO2S) signal high and low circuits. When you turn the ignition to the ON position, battery voltage is supplied to the HO2S heater. As the heater reaches the operating temperature, the HO2S voltage responds by changing from a bias voltage range to the normal operation. Typically, as the HO2S reaches the operating temperature, the HO2S voltage goes from a bias voltage to a voltage below 300 mV. Depending on the exhaust gas content, it is possible for the HO2S voltage to go above 450 mV.