Electricity; capped rates. (HB700)

Introduced By

Del. Clarke Hogan (R-South Boston) with support from co-patron Del. Watkins Abbitt (I-Appomattox)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


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 »


Bill Has Failed


01/10/2006Prefiled and ordered printed; offered 01/11/06 062417324
01/10/2006Referred to Committee on Commerce and Labor
01/24/2006Assigned C & L sub: Utilities/Employment (Byron)
02/15/2006Left in Commerce and Labor