SB0008 (CH0161)

2013 Regular Session



Gas Companies - Rate Regulation - Infrastructure Replacement Surcharge

Sponsored by:

Senator Astle


Approved by the Governor - Chapter 161

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:Senators Astle and Middleton
Additional Facts:Cross-filed with: HB0089
Introduced in a prior session as: SB0541 Session: 2012 Regular Session
Bill File Type: Pre-Filed
Effective Date(s): June 1, 2013
Finance  Listen to Committee HearingEconomic Matters
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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Explanation of Floor Motions and Actions

October 24, 2017 1:07 P.M.