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2019 SESSION
SB 768 Electric utilities; recovery of costs associated with closure in place of coal ash facilities.
Introduced by: Scott A. Surovell | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Electric utilities; recovery of costs associated with closure in place of coal ash facilities. Directs that in a biennial review of an investor-owned electric utility by the State Corporation Commission, any costs incurred by an investor-owned electric utility that are associated with closure in place of a coal combustion residuals landfill or surface impoundment are unreasonable and not prudent. The measure prohibits the Commission in such a biennial review from considering any costs associated with the closure in place of such a landfill or impoundment to be period costs expensed on a Virginia jurisdictional basis. The measure also directs that, for purposes of any rate adjustment clause for recovery of environmental costs, costs associated with closure in place of such a landfill or impoundment are not necessary to comply with any environmental law or regulation.
FULL TEXT
HISTORY
- 01/10/18 Senate: Prefiled and ordered printed; offered 01/10/18 18103511D
- 01/10/18 Senate: Referred to Committee on Commerce and Labor
- 02/07/18 Senate: Continued to 2019 in Commerce and Labor (15-Y 0-N)
- 11/30/18 Senate: Left in Commerce and Labor