Electric utility regulation; recovery of costs of new underground distribution facilities. (HB848)
Introduced By
Del. Manoli Loupassi (R-Richmond) with support from 19 copatrons, whose average partisan position is:
Those copatrons are Del. Dave Albo (R-Springfield), Del. Bob Brink (D-Arlington), Del. Eileen Filler-Corn (D-Fairfax Station), Del. Charniele Herring (D-Alexandria), Del. Algie Howell (D-Norfolk), Del. Matthew James (D-Portsmouth), Del. Kaye Kory (D-Falls Church), Del. Rob Krupicka (D-Alexandria), Del. Alfonso Lopez (D-Arlington), Del. Ken Plum (D-Reston), Del. Roxann Robinson (R-Chesterfield), Del. Tom Rust (R-Herndon), Del. Mark Sickles (D-Alexandria), Del. Marcus Simon (D-Falls Church), Del. David Toscano (D-Charlottesville), Del. Vivian Watts (D-Annandale), Sen. Roz Dance (D-Petersburg), Sen. Lionell Spruill (D-Chesapeake), Sen. Scott Surovell (D-Mount Vernon)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utility regulation; recovery of costs of new underground distribution facilities. Authorizes investor-owned electric utilities to recover the costs of new underground distribution facilities through a rate adjustment clause. Eligible facilities will replace existing overhead distribution facilities of 69 kilovolts or less. A utility shall not seek any annual incremental increase in the level of investments in such facilities that exceeds five percent of the utility's distribution rate base. In determining whether to approve a rate adjustment clause for such facilities, the State Corporation Commission is directed to liberally construe the provisions of Title 56 and to give due consideration to the public policy goals of increased electric service reliability and reduced outage times associated with the replacement of existing overhead distribution facilities with new underground facilities. None of the costs of such new facilities shall be allocated to customers in the large general service rate class. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/08/2014 | Committee |
01/08/2014 | Prefiled and ordered printed; offered 01/08/14 14102014D |
01/08/2014 | Referred to Committee on Commerce and Labor |
01/16/2014 | Reported from Commerce and Labor with amendments (20-Y 0-N) (see vote tally) |
01/20/2014 | Read first time |
01/21/2014 | Read second time |
01/21/2014 | Committee amendments agreed to |
01/21/2014 | Engrossed by House as amended HB848E |
01/21/2014 | Printed as engrossed 14102014D-E |
01/22/2014 | Passed by for the day |
01/23/2014 | Read third time and passed House (95-Y 1-N 1-A) |
01/23/2014 | VOTE: PASSAGE (95-Y 1-N 1-A) (see vote tally) |
01/23/2014 | Impact statement from SCC (HB848) |
01/24/2014 | Constitutional reading dispensed |
01/24/2014 | Referred to Committee on Commerce and Labor |
01/27/2014 | Impact statement from SCC (HB848E) |
02/17/2014 | Reported from Commerce and Labor (16-Y 0-N) (see vote tally) |
02/19/2014 | Constitutional reading dispensed (40-Y 0-N) |
02/20/2014 | Read third time |
02/20/2014 | Passed Senate (40-Y 0-N) |
02/24/2014 | Enrolled |
02/24/2014 | Bill text as passed House and Senate (HB848ER) |
02/24/2014 | Signed by Speaker |
02/25/2014 | Impact statement from SCC (HB848ER) |
02/26/2014 | Signed by President |
03/07/2014 | G Approved by Governor-Chapter 212 (effective 7/1/14) |
03/07/2014 | G Acts of Assembly Chapter text (CHAP0212) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.