VIRGINIA LAW PORTAL

• Code of Virginia
• Virginia Administrative Code
• Constitution of Virginia
• Charters
• Authorities
• Compacts
• Uncodified Acts
• RIS Users (account required)

SEARCHABLE DATABASES

• Bills & Resolutions
  session legislation
• Bill Summaries
  session summaries
• Reports to the General Assembly
  House and Senate documents
• Legislative Liaisons
  State agency contacts

ACROSS SESSIONS

• Subject Index: Since 1995
• Bills & Resolutions: Since 1994
• Summaries: Since 1994

Developed and maintained by the Division of Legislative Automated Systems.

2011 SESSION

• | print version

HB 1736 Investor-owned electric utilities; rate of return.

Introduced by: Albert C. Pollard, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Electric utility rates; added returns.  Eliminates provisions of the Virginia Electric Utility Regulation Act that authorize investor-owned electric utilities to earn added basis points and other performance incentives that would increase the utility's fair combined rate of return on common equity above the rate determined by the Commission in biennial rate review proceedings. Currently, such utilities are authorized to earn performance incentives and enhanced rates of return on common equity if they satisfy performance standards, make certain investments in generation facilities, and successfully participate in a renewable energy program.

FULL TEXT

• 01/10/11  House: Prefiled and ordered printed; offered 01/12/11 11100827D  pdf | impact statement

HISTORY

• 01/10/11  House: Prefiled and ordered printed; offered 01/12/11 11100827D
• 01/10/11  House: Referred to Committee on Commerce and Labor
• 01/13/11  House: Assigned C & L sub: #3 Special Subcommittee on Energy
• 01/25/11  House: Subcommittee recommends passing by indefinitely by voice vote
• 02/08/11  House: Left in Commerce and Labor