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1998 SESSION

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HB 755 Public utilities; certificate of convenience and necessity.

Introduced by: James M. Scott | all patrons    ...    notes | add to my profiles

SUMMARY:

Public utilities; certificate of convenience and necessity; acquisition of new facilities. Allows the State Corporation Commission (SCC) to permit the construction and operation of electrical generating facilities which are not to be included in the rate base of any regulated utility. Such construction will be permitted when the SCC finds that such generating facility and associated facilities, including transmission lines and equipment, (i) will have no material adverse effect upon the rates paid by customers of any regulated public utility in the Commonwealth, (ii) will have no material adverse effect upon reliability of electric service provided by any regulated public utility, and (iii) are not otherwise contrary to the public interest. Additionally, the SCC shall give consideration to the effect of the proposed facility and associated facilities, including transmission lines and equipment, on the environment, and shall establish such conditions as may be necessary to minimize adverse environmental impact. The bill has an emergency clause making its provisions effective immediately upon enactment.


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