Electric Utility Restructuring Act; repeals certain provisions. (SB93)
Introduced By
Sen. Roscoe Reynolds (D-Martinsville)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utility restructuring. Repeals provisions of the Electric Utility Restructuring Act that established parameters for the rate of return to be earned by certain electric utilities, recovery of certain expenses, and incentives for constructing new generation facilities and meeting voluntary renewable energy targets. The measure reinstitutes traditional cost-of-service ratemaking principles for such utilities, effective January 1, 2009. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
12/26/2007 | Prefiled and ordered printed; offered 01/09/08 087860316 |
12/26/2007 | Referred to Committee on Commerce and Labor |
01/16/2008 | Impact statement from SCC (SB93) |
02/04/2008 | Left in Commerce and Labor |