Electricity; capped rates. (HB700)
Introduced By
Del. Clarke Hogan (R-South Boston) with support from co-patron Del. Watkins Abbitt (I-Appomattox)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
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. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/10/2006 | Prefiled and ordered printed; offered 01/11/06 062417324 |
01/10/2006 | Referred to Committee on Commerce and Labor |
01/24/2006 | Assigned C & L sub: Utilities/Employment (Byron) |
02/15/2006 | Left in Commerce and Labor |