Electric utilities; overearnings, customer bill credits.
Summary
Electric utilities; overearnings; customer billcredits. Requires the State Corporation Commission to directthat 100 percent of the amount of a utility's earnings above a certain threshold be credited to customers' bills. Under current law, theCommission is required to direct that 70 percent of such overearningsbe credited to customers' bills. The provisions of the bill applyto the first triennial review of Dominion Energy Virginia conductedafter January 1, 2021.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2021
Committee Review
Jan 2021
Senate Passage
Feb 2021
House of Delegates Passage
Governor
Introduced Jan 12, 2021
Last action Feb 1, 2021
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
5
Key actions
1
Committee
2
Feb 1, 2021
Upper · Passed
Passed by indefinitely in Commerce and Labor (11-Y 3-N)
upper
Jan 25, 2021
Committee
Assigned C&L sub: Energy
upper
Jan 12, 2021
Committee
Referred to Committee on Commerce and Labor
upper
Jan 12, 2021
Introduced
Prefiled and ordered printed; offered 01/13/21 21102020D
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
JL
Jennifer L McClellan
DDemocratic
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