Legislation
- Title
- Gas Companies - Rate Regulation - Infrastructure Replacement Surcharge
- Sponsored by
- Senators Astle and Middleton
- Status
- Approved by the Governor - Chapter 161
- Analysis
- Fiscal and Policy Note (Revised)
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.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Economic Matters
Details
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4-210 )
Last Updated: 2/3/2020 2:27 PM