Bill Text: VA SB956 | 2013 | Regular Session | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Investor-owned electric utilities; declining block rate for residential customers.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2013-03-25 - Governor: Acts of Assembly Chapter text (CHAP0721) [SB956 Detail]

Download: Virginia-2013-SB956-Comm_Sub.html

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13104122D
SENATE BILL NO. 956 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the Senate Committee on Commerce and Labor on January 21, 2013) (Patron Prior to Substitute--Senator Favola) A BILL to require certain utilities to address the appropriateness of declining block rates.

Be it enacted by the General Assembly of Virginia:

1. §1. That as part of its 2013 integrated resource plan filing with the State Corporation Commission pursuant to Chapter 24 (§ 56-597 et seq.) of Title 56 of the Code of Virginia, any investor-owned electric utility that uses a declining block rate for residential customers during winter months shall address the appropriateness of such rate provision. In so doing, the utility shall address the effect of the rate provision on energy conservation, peak load, efficient and cost effective use of the utility's generation fleet and associated infrastructure, equity among customers within the residential class, and the affordability of home heating for residential customers.