Photo of Mike Webert
R Virginia House of Delegates · District 61

Del. Mike Webert

Compare
Total votes
13,477
all sessions
Attendance
98%
184 missed
Lower than 84% of chamber peers
With party
94%
of cast votes
Near the chamber average
Bipartisan score
4%
crosses aisle rarely
Near the chamber average
Sponsored
755
bills & resolutions
Lower than 89% of chamber peers
Committees
4
assignments
755 bills and resolutions

Sponsored bills

Total
755
Primary
239
Co-sponsor
516
This page
755
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Co-sponsor HB 1914
Passed · Virginia House of Delegates · Co-sponsor
Electric utilities; triennial review, period costs, rate reductions.

Electric utilities; period costs. Provides that in a triennial review proceeding, certain utility generation and distribution costs that are not proposed for recovery under various cost recovery mechanisms, at the State Corporation Commission's discretion, may be attributed to the test periods under review and deemed fully recovered or, if the utility has earned below a certain threshold, may be deferred for recovery over future periods. Under current law, such attribution is required unless the utility has earned below a certain threshold, in which case deferred recovery of the costs is required. The bill also eliminates provisions that limit any rate reduction ordered by the State Corporation Commission in the first triennial review of Dominion Energy Virginia after January 1, 2021, to $50 million in annual revenues and provides that in any triennial review, regardless of whether the Commission has ordered bill credits, the utility earned above its authorized rate of return during the test period under review, or the utility has made a request regarding any customer credit reinvestment offsets, the Commission may order any rate reduction it deems necessary and appropriate unless it finds that the resulting rates will not provide the utility with the opportunity to (i) fully recover its costs of providing its services and (ii) earn not less than a fair combined rate of return on its generation and distribution services. The provisions of the bill apply to the first triennial review of Dominion Energy Virginia conducted after January 1, 2021. This bill incorporates HB 1835.

Passed Feb 15, 2021 1 co-sponsor
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