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2013 SESSION

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CHAPTER 721 An Act to require certain utilities to address the appropriateness of declining block rates. [S 956] Approved March 25, 2013

 

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.