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2019 SESSION

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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.


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