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Code · Virginia · Title 56 — Public Service Companies · Chapter 23

Code of Virginia § 56-585.1:13. Recovery of costs associated with investment in transportation electrification.

111 words·~1 min read·/va/title-56/chapter-23/56-585-1-6·

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Beginning July 1, 2021, any approved costs of any investor-owned electric utility associated with investment in transportation electrification, other than those costs approved prior to July 1, 2021, shall be recovered only through the utility's rates for generation and distribution, shall not be recovered through a rate adjustment clause pursuant to subdivision A 6 of § 56-585.1 , and shall not be eligible for a customer credit reinvestment offset pursuant to subdivision A 8 d of § 56-585.1 . To the extent that the provisions of this section are inconsistent with the provisions of § 56-585.1 , the provisions of this section shall control.
2021, Sp. Sess. I, c. 268 .
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