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SB21: Electric utility rates; margins from off-system sales.

Chief Patron

Sen. Roscoe Reynolds (D-20)

Roscoe Reynolds (D-20)
Served: 1997–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

02/04/2008: Failed to Pass in Committee

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Summary

Electric utility rates; margins from off-system sales. Eliminates the requirement that 75 percent of the total annual margins from an electric utility's off-system sales of power be credited against the utility's fuel factor expenses, in the absence of a finding by clear and convincing evidence that a smaller percentage is in the public interest. The measure provides that the State Corporation Commission shall determine the percentage of such margins to be credited against fuel factor expenses that is in the public interest.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/04/2008 and 02/04/2008.

Poll Results

1 vote

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Bill Text

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