Sally Hudson
- Democratic
Primary
Electric utilities; adjustment of rates.Provides that if the State Corporation Commission (the Commission)determines that the regulation of rates of investor-owned incumbentelectric utilities under certain procedures of the Virginia ElectricUtility Regulation Act results in rates that are not just and reasonable,then the Commission may, in any triennial review, adjust such ratesto ensure that such rates (i) are just and reasonable and (ii) providethe utility the opportunity to recover its costs and earn its authorizedrate of return.
Stricken from docket by Commerce and Energy (20-Y 0-N)
Assigned sub: Subcommittee #1
Impact statement from SCC (HB588)
Prefiled and ordered printed; offered 01/12/22 22104145D
Referred to Committee on Commerce and Energy
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/12/22 22104145D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB588F171.PDF |
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