2013 Regular Session



Gas Companies - Rate Regulation - Infrastructure Replacement Surcharge

Sponsored by:

Delegate Barkley


In the Senate - First Reading Finance

Synopsis: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.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors: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
Additional Facts:Cross-filed with: SB0008
Introduced in a prior session as: HB0662 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): June 1, 2013
Economic Matters  View Committee HearingFinance
Broad Subject(s):Utility Regulation
Narrow Subject(s):Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Prices -see also- Consumer Price Index
Public Service Commission
Utilities -see also- High Voltage Lines; Telephones; Water
Statutes:Article - Public Utilities

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October 24, 2017 1:00 P.M.