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1996 SESSION

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960631681
SENATE BILL NO. 224 Senate Amendments in [ ] -- February 2, 1996 A BILL to amend the Code of Virginia by adding a section numbered 56-235.6, relating to electric utilities; federal governmental facility as retail customer; jurisdiction of State Corporation Commission. ----------
Patrons-- Holland, Barry, Benedetti, Chichester, Colgan, Edwards, Martin, Maxwell, Reasor and Stosch; Delegates: Bennett, Callahan, Cranwell, Forbes, Heilig, Jones, J.C., Keating, Murphy, Parrish, Plum, Robinson, Scott, Shuler, Tata, Watkins and Woodrum
---------- Referred to the Committee on Commerce and Labor ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 56-235.6 as follows:

§ 56.235.6. Jurisdiction of Commission when federal governmental facility ceases to be retail customer of electric utility.

Any federal governmental facility that is a retail customer of any electric utility prior to January 1, 1996, and which ceases, in whole or in part, to be a retail customer of that electric utility after January 1, 1996, because of its purchase of electricity from another supplier shall be subject to the jurisdiction of the Commission for the limited purpose of determining the proper compensation, if any, to be paid by the federal government to the electric utility for any and all costs stranded due to the cessation of such retail service [ ; provided, however, the Commission's jurisdiction shall not arise unless and until the effective date of any federal action that allows any federal governmental facility to purchase electricity from a supplier other than the electric public service company now providing electric service to such federal facility ] .