Electric utility regulation; energy efficiency standard.Virginia · SB 354 · Last action Feb 9, 2020The measure requires the State Corporation Commission,for any year that a utility meets the annual energy efficiency standard, toallow for the additional recovery of a margin on its program's operatingexpenses through a rate adjustment clause that provides the utility with amargin equal to the general rate of return on common equity.Latest action: Stricken at request of Patron in Commerce and Labor (15-Y 0-N)Session ended
Electric utility regulation; energy efficiency standard, energy efficiency programsVirginia · HB 1450 · Last action Mar 12, 2020The measure requires the utilities to retain an independent, qualified third-party evaluator to determine the utility's incremental net annual savings and other benefits of the program.Latest action: Failed to pass in HouseSession ended
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