VA SB21 | 2008 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 12 2007 - 25% progression, died in chamber
Action: 2008-02-04 - Senate: Left in Commerce and Labor

Summary

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.

Tracking Information

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Title

Electric utility rates; margins from off-system sales.

Sponsors


History

DateChamberAction
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

Subjects


Virginia State Sources


Bill Comments

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