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SB768

Electric utilities; recovery of costs associated with closure in place of coal ash facilities.

Status:
In Senate

Chief Patron:
Scott Surovell (D)

Session:
2018 Regular Session

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. (Less)

  • Bill History

  • 01/10/2018 - Senate: Prefiled and ordered printed; offered 01/10/18 18103511D
  • 01/10/2018 - Senate: Referred to Committee on Commerce and Labor
  • 01/16/2018 - Senate: Impact statement from SCC (SB768)
  • 02/07/2018 - Senate: Continued to 2019 in Commerce and Labor (15-Y 0-N)

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com

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