Low-income residential customers; reduced electricity rates. (HB2108)

Introduced By

Del. Will Morefield (R-North Tazewell)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Reduced electricity rates for certain low-income residential customers; tax credit. Requires investor-owned electric utilities to offer eligible residential customers a reduced rate for electric service during December through April of each year. The reduced rate is 20 percent less than the rate that would be applicable to the customer if the customer was ineligible for the special rate. To be eligible for the special rate, a customer must be at least age 60 and receiving (i) supplemental security income, (ii) Temporary Assistance for Needy Families, or (iii) food stamps. The State Corporation Commission is required to certify each utility's revenue deficiency resulting from the special reduced rates. The utility will receive an income tax credit calculated at 1.45 percent of the revenue deficiency. The Department of Social Services is required to adopt regulations establishing procedures to inform persons about the availability of the special reduced rates, assist applicants for the special reduced rates in proving their eligibility therefor, and assist utilities in determining the eligibility of persons for such rates. The Commission and the Department are required to adopt temporary emergency regulations implementing the program by October 1, 2013. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2013Committee
01/09/2013Prefiled and ordered printed; offered 01/09/13 13101007D
01/09/2013Referred to Committee on Commerce and Labor
01/15/2013Assigned C & L sub: Special Subcommittee on Energy
01/22/2013Impact statement from DPB (HB2108)
01/29/2013Subcommittee recommends laying on the table
02/05/2013Left in Commerce and Labor