Investor-owned incumbent electric utility; regulation. (HB1190)

Introduced By

Del. Morgan Griffith (R-Salem) with support from co-patrons Del. Anne Crockett-Stark (R-Wytheville), Del. Dave Nutter (R-Christiansburg), and Sen. Roscoe Reynolds (D-Martinsville)

Description

Electric utility regulation.  Exempts any investor-owned incumbent electric utility that was, as of July 1, 1999, not bound by a rate case settlement adopted by the Commission that extended in its application beyond January 1, 2002, from the provisions of the Virginia Electric Utility Restructuring Act relating to rates and the renewable energy portfolio standard program until the utility files an integrated resources plan wherein the utility proposes to build generation facilities with a capacity greater than 200 megawatts.   View Full Text »

Status

02/04/2010: Merged into HB1308
View Bill's History

1 vote