Electric utilities; cost recovery, alternative to rate adjustment clause. (HB2267)
Introduced By
Del. Tony Wilt (R-Harrisonburg) with support from co-patron Sen. Suhas Subramanyam (D-Ashburn)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
✓ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utilities; cost recovery; alternative to rate adjustment clause. Provides that in any proceeding regarding petitions for a rate adjustment clause, the State Corporation Commission may, as an alternative to a rate adjustment clause, authorize recovery of any proposed cost through the utility's rates for generation and distribution services, if the Commission, in its discretion, determines that such cost recovery better serves ratepayers while still providing the utility the opportunity to recover its costs and earn a fair rate of return. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/11/2023 | Committee |
01/11/2023 | Prefiled and ordered printed; offered 01/11/23 23101028D |
01/11/2023 | Referred to Committee on Commerce and Energy |
01/18/2023 | Impact statement from SCC (HB2267) |
02/02/2023 | Reported from Commerce and Energy (22-Y 0-N) (see vote tally) |
02/05/2023 | Read first time |
02/06/2023 | Read second time and engrossed |
02/07/2023 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
02/07/2023 | VOTE: Block Vote Passage (99-Y 0-N) (see vote tally) |
02/08/2023 | Constitutional reading dispensed |
02/08/2023 | Referred to Committee on Rules |
02/13/2023 | Rereferred from Rules (16-Y 0-N) (see vote tally) |
02/13/2023 | Rereferred to Commerce and Labor |
02/20/2023 | Passed by indefinitely in Commerce and Labor (7-Y 6-N) (see vote tally) |