Electric utilities; reinstates part of system under which investor-owned were regulated. (SB883)

Introduced By

Sen. Roscoe Reynolds (D-Martinsville)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Electric utility regulation.  Reinstates much of the system under which investor-owned electric utilities were regulated prior to 1999. The measure repeals the Virginia Electric Utility Regulation Act and reenacts provisions relating to State Corporation Commission (SCC) ratemaking, including provisions addressing the recovery of fuel and purchased power costs, that existed prior to the 2007 legislation that re-regulated most of Virginia's investor-owned electric utilities. Existing provisions of the Virginia Electric Utility Regulation Act pertaining to ratemaking for electric cooperatives, to net energy metering, to consumer education programs, and to interconnections by farms are relocated to other chapters in Title 56. Rate adjustment clauses approved by the SCC will remain in effect as set forth in an enactment clause. Read the Bill »


01/31/2011: Failed to Pass in Committee


01/10/2011Prefiled and ordered printed; offered 01/12/11 11103296D
01/10/2011Referred to Committee on Commerce and Labor
01/19/2011Impact statement from SCC (SB883)
01/31/2011Passed by indefinitely in Commerce and Labor (12-Y 2-N) (see vote tally)

Duplicate Bills

The following bills are identical to this one: HB2117.