Tracking Virginia’s General Assembly
since 2007.
HB700: Electricity; capped rates.
Chief Patron
Del.
Clarke Hogan (R-60)
Clarke Hogan
(R-60)
South Boston, VA
Served: 2002–
Progress
| Introduced | |
| Passed Committee | |
| Passed House | |
| Passed Senate | |
| Signed by Governor | |
| Became Law |
Status
Bill is Dead
Summary
Electricity rates. Requires that from July 1, 2006, until the end of the capped rate period, an electric utility shall not be eligible to have its tariffs adjusted to reflect changes in its fuel costs, including the cost of purchased power, other than through a comprehensive rate case to establish reasonable and just rates for the service of the utility. The electric utility's capped rates will be adjusted to the levels established through the rate case. View Full Text »

