- Gas Companies - Rate Regulation - Infrastructure Replacement Surcharge
- Sponsored by
- Delegates Barkley, Barnes, Burns, Clagett, Davis, Feldman, Haddaway-Riccio, Hershey, Impallaria, Ivey, Jameson, Kaiser, Love, Luedtke, McDermott, W. Miller, Minnick, Reznik, S. Robinson, Rudolph, Schulz, Summers, Vaughn, and Zucker
- In the Senate - First Reading Finance
- Fiscal and Policy Note (Revised)
Allowing a gas company to recover costs associated with infrastructure replacement projects through a gas infrastructure replacement surcharge on customer bills; requiring project cost calculations to include specified elements; specifying how the pretax rate of return is calculated and adjusted and what it includes; stating that the intent of the General Assembly is to accelerate infrastructure improvements by establishing a mechanism for gas companies to recover reasonable and prudent costs of infrastructure replacement; etc.
( 4-210 )
Last Updated: 2/3/2020 2:27 PM