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2015 SESSION

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HB 2334 Electrical transmission lines; underground placement.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Electrical transmission lines; underground placement. Requires the State Corporation Commission (SCC), when making a determination about the method of installation of an electrical transmission line of 138 kilovolts or more, to require that the line be installed underground if the SCC determines that the incremental costs of placing or installing the line underground are less than the damage to affected properties. The damage to affected properties is the aggregate of the net diminution in the fair market value of all parcels of real property located within one-half mile of any point on the proposed route or corridor resulting from the overhead installation of the line. If the SCC requires the line to be installed underground, the utility may recover the costs of the underground placement of the line through a rate adjustment clause that provides that such costs shall be assigned to its Virginia jurisdictional customers.


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