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2013 SESSION

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HB 2274 Electric utility regulation; schedule for biennial reviews. Emergency.

Introduced by: Donald W. Merricks | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Electric utility regulation; schedule for biennial reviews. Requires Appalachian Power, referred to as a Phase I utility, to delay the filing of its next biennial review from March 31, 2013, until March 31, 2014, upon giving the State Corporation Commission 30 days' notice. If the utility opts to delay its biennial filing, (i) its ability to defer certain costs incurred during calendar year 2011 will be limited and (ii) subsequent biennial filings shall be due by March 31, 2016, and every two years thereafter. The bill states that an emergency exists and that the bill is in force from its passage.


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