Virginia Senate Bill 21 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on December 12 2007 - 25% progression, died in chamber
Action: 2008-02-04 - Senate: Left in Commerce and Labor

Electric utility rates; margins from off-system sales. Eliminates the requirement that 75 percent of the total annual margins from an electric utility's off-system sales of power be credited against the utility's fuel factor expenses, in the absence of a finding by clear and convincing evidence that a smaller percentage is in the public interest. The measure provides that the State Corporation Commission shall determine the percentage of such margins to be credited against fuel factor expenses that is in the public interest.

Electric utility rates; margins from off-system sales.

Sen. Roscoe Reynolds [D]

Date	Chamber	Action
2008-02-04		Senate: Left in Commerce and Labor
2007-12-12		Senate: Referred to Committee on Commerce and Labor
2007-12-12		Senate: Prefiled and ordered printed; offered 01/09/08 080023316

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB21