Steps to Advance Virginia's Energy Plan (SAVE) Act; created. (SB112)

Introduced By

Sen. Chap Petersen (D-Fairfax)


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 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


01/06/2010Prefiled and ordered printed; offered 01/13/10 10101967D
01/06/2010Referred to Committee on Commerce and Labor
01/17/2010Impact statement from SCC (SB112)
02/01/2010Reported from Commerce and Labor with substitute (15-Y 0-N) (see vote tally)
02/01/2010Committee substitute printed 10104859D-S1
02/03/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/04/2010Read second time
02/04/2010Reading of substitute waived
02/04/2010Committee substitute agreed to 10104859D-S1
02/04/2010Engrossed by Senate - committee substitute SB112S1
02/08/2010Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/09/2010Impact statement from SCC (SB112S1)
02/16/2010Placed on Calendar
02/16/2010Read first time
02/16/2010Referred to Committee on Commerce and Labor
02/18/2010Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
02/22/2010Read second time
02/23/2010Read third time
02/23/2010Passed House BLOCK VOTE (99-Y 0-N)
02/23/2010VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
03/01/2010Bill text as passed Senate and House (SB112ER)
03/01/2010Signed by Speaker
03/02/2010Signed by President
03/03/2010Impact statement from SCC (SB112ER)
03/11/2010G Approved by Governor-Chapter 142 (effective 7/1/10)
03/11/2010G Acts of Assembly Chapter text (CHAP0142)