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2008 SESSION

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Senate Committee on Commerce and Labor
Subcommittee Utilities

Norment (Chairman), Stolle, Puller, McEachin

Clerk: Martha Turner
Staff: Frank Munyan
Date of Meeting: January 24, 2008
Time and Place: Thursday, Jan. 24, 10:30 AM, 3rd Floor West Conf. Room

S.B. 145 Natural gas utilities; recovery of capital costs.

Patron: Stosch

Natural gas utilities; recovery of capital costs.  Establishes a mechanism for a natural gas utility to recover its reasonably incurred capital costs of acquiring, constructing, or enlarging certain natural gas facilities placed into service in the Commonwealth on or after July 1, 2008. These capital costs, which include an allowance for funds used during construction, shall be included in the utility's rate base for its next general rate case or performance-based regulation plan.

A BILL to amend the Code of Virginia by adding a section numbered 56-235.9, relating to recovery of funds used during construction of natural gas facilities.

084619332

S.B. 431 Transmission lines; utility to submit to SCC plan to install underground.

Patron: Vogel

Underground location of transmission lines.  Requires a utility seeking State Corporation Commission approval for an extension of an existing electrical transmission line or the construction of a new line to submit to the Commission a plan to install the line underground.  Hearings on the application would be held after the Commission has reviewed the plan. The Commission shall condition its approval of an application upon the utility's agreement to install the line underground if underground installation is technologically feasible.

A BILL to amend and reenact § 56-265.2 of the Code of Virginia, relating to underground placement of electrical transmission lines.

086548338

S.B. 432 Electrical transmission lines; damages to adjoining landowners. 

Patron: Vogel

Electrical transmission lines; damages to adjoining landowners.  Entitles owners of lands located adjacent to lands that are acquired by an electric utility for the route of certain electrical transmission lines to be compensated for any damage to their property, including any diminution in its value resulting from the construction and operation of the transmission line.

A BILL to amend and reenact § 56-49 of the Code of Virginia, relating to the damages incurred in connection with the acquisition of land for the construction of electrical transmission lines.

086549338

S.B. 541 Electrical transmission lines; State Corporation Commission review.

Patron: Obenshain

Electrical transmission lines; State Corporation Commission review.  Requires the State Corporation Commission, when verifying the applicant's load flow modeling, contingency analyses, and reliability needs presented to justify a new electrical transmission line, to assume (i) participation in the renewable portfolio standard program and achievement of its goals, (ii) the maximum effective conservation of energy used by public utilities, and (iii) full compliance with the energy consumption requirements for federal buildings. The measure also requires the applicant to provide the Commission with such information as it requires to make the verification.

A BILL to amend and reenact § 56-46.1 of the Code of Virginia, relating to State Corporation Commission review of electrical transmission line proposals.

084722288