Sunday, July 6, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB700: Electricity; capped rates.

Chief Patron

Del. Clarke Hogan (R-60)

Clarke Hogan (R-60)
South Boston, VA
Served: 2002–

Progress

Yes Introduced
No Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

Bill is Dead

View Entire History

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 »

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Bill Text