Steps to Advance Virginia's Energy Plan (SAVE) Act; created. (HB533)

Introduced By

Del. Sam Nixon (R-Richmond)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Natural gas utilities; cost recovery for certain infrastructure improvement costs.  Authorizes investor-owned natural gas utilities to petition the State Corporation Commission to implement a separate rider that will allow for recovery of certain costs associated with eligible infrastructure replacement projects. Eligible infrastructure replacement projects are projects that: (i) enhance safety or reliability by reducing system integrity risks associated with customer outages, corrosion, equipment failures, material failures, natural forces or other outside force damage; (ii) do not increase revenues by directly connecting the infrastructure replacement to new customers; (iii) reduce or have the potential to avoid greenhouse gas emissions; and (iv) are not included in the natural gas utility's rate base in its most recent rate case. The costs recoverable from an eligible infrastructure replacement project include a return on the investment, depreciation, property taxes, and carrying costs on the over- or under-recovery of the eligible infrastructure replacement costs. Read the Bill »


Bill Has Passed


01/12/2010Prefiled and ordered printed; offered 01/13/10 10103775D
01/12/2010Referred to Committee on Commerce and Labor
01/15/2010Impact statement from SCC (HB533)
01/21/2010Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
01/25/2010Read first time
01/26/2010Read second time and engrossed
01/27/2010Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/27/2010VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
01/28/2010Constitutional reading dispensed
01/28/2010Referred to Committee on Commerce and Labor
02/22/2010Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally)
02/22/2010Committee substitute printed 10105452D-S1
02/24/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/25/2010Read third time
02/25/2010Reading of substitute waived
02/25/2010Committee substitute agreed to 10105452D-S1
02/25/2010Engrossed by Senate - committee substitute HB533S1
02/25/2010Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/26/2010Placed on Calendar
03/01/2010Senate substitute agreed to by House 10105452D-S1 (99-Y 0-N)
03/01/2010VOTE: --- ADOPTION (99-Y 0-N) (see vote tally)
03/02/2010Impact statement from SCC (HB533S1)
03/09/2010Bill text as passed House and Senate (HB533ER)
03/09/2010Signed by Speaker
03/11/2010Impact statement from SCC (HB533ER)
03/11/2010Signed by President
04/11/2010G Approved by Governor-Chapter 514 (effective 7/1/10)
04/11/2010G Acts of Assembly Chapter text (CHAP0514)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.