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Legislation


2004 Regular Session

HOUSE BILL 1056

File Code: Utility Regulation Crossfiled with: SENATE BILL 739
Sponsored By:
Delegates Elmore, Boschert, Cane, Costa, King, Leopold, McConkey, Ramirez, Smigiel, Sophocleus, and Sossi
Entitled:
Electric Utility Regulation - Standard Offer Service - Total Rates

Synopsis:

Prohibiting an electric company in any year in which the electric company has an obligation to provide standard offer service under an order from increasing the rate for electricity charged to residential customers by more than 10%; allowing an electric company to recover the portion of the total rate that exceeds the 10% limit through a standard offer service transition charge over a 4-year period beginning 1 year after the increase in the total rate; etc.

History by Legislative Date

House Action
2/13
First Reading Economic Matters
2/20
Hearing 3/2 at 1:00 p.m.
2/26
Hearing cancelled
Hearing 3/2 at 2:00 p.m.
3/8
Unfavorable Report by Economic Matters
Senate Action
No Action
Sponsored by:
Delegate D. Page Elmore, District 38A
Delegate David G. Boschert, District 33A
Delegate Rudolph C. Cane, District 37A
Delegate Robert A. Costa, District 33B
Delegate Nancy J. King, District 39
Delegate John R. Leopold, District 31
Delegate Tony McConkey, District 33A
Delegate Victor R. Ramirez, District 47
Delegate Michael D. Smigiel, Sr., District 36
Delegate Theodore Sophocleus, District 32
Delegate Richard A. Sossi, District 36
Bill indexed under the following Subjects:
DISCLOSURE
FEES -see also- DEVELOPMENT FEES AND TAXES
PRICES -see also- CONSUMER PRICE INDEX
PUBLIC SERVICE COMMISSION
RULES AND REGULATIONS
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
Bill affects the following Statute:
Public Utility Companies
( 7-510.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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