Electric utilities; reinstates part of system under which investor-owned were regulated. (HB2117)
Introduced By
Del. Ward Armstrong (D-Martinsville)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utility regulation. Reinstates much of the system under which investor-owned electric utilities were regulated prior to 1999. The measure repeals the Virginia Electric Utility Regulation Act and reenacts provisions relating to State Corporation Commission (SCC) ratemaking, including provisions addressing the recovery of fuel and purchased power costs, that existed prior to the 2007 legislation that re-regulated most of Virginia's investor-owned electric utilities. Existing provisions of the Virginia Electric Utility Regulation Act pertaining to ratemaking for electric cooperatives, to net energy metering, to consumer education programs, and to interconnections by farms are relocated to other chapters in Title 56. Rate adjustment clauses approved by the SCC will remain in effect as set forth in an enactment clause. Amends § 10.1-1186.2:1, § 10.1-1197.8, § 10.1-1307.02, § 15.2-1901, § 15.2-2316.2, § 30-201, § 30-202, § 30-205, § 56-231.24, § 56-234.2, § 56-235.1:1, § 56-235.2, § 56-235.6, § 56-235.8, § 56-238, § 56-245.1:2, § 56-249.6, § 56-265.2, § 56-598, § 58.1-2900, § 58.1-3221.4, § 58.1-3506, § 58.1-3814, § 58.1-400.3, § 62.1-44.15:21, § 67-101, § 67-1100, of the Code of Virginia. View Full Text »
Outcome
History
- 01/12/2011 Committee
- 01/12/2011 Prefiled and ordered printed; offered 01/12/11 11100123D
- 01/12/2011 Referred to Committee on Commerce and Labor
- 01/17/2011 Assigned C & L sub: #3 Special Subcommittee on Energy
- 01/19/2011 Impact statement from SCC (HB2117)
- 01/25/2011 Subcommittee recommends passing by indefinitely (11-Y 2-N)
- 01/25/2011 Subcommittee recommends passing by indefinitely
- 02/08/2011 Left in Commerce and Labor