§ 56-605. Definitions
As used in this chapter: “Eligible infrastructure” means storage, compressed natural gas, liquefied natural gas, transmission and distribution facilities to be used in the delivery of natural gas, or supplemental or substitute forms of gas sources by a natural gas utility. “Eligible infrastructure development costs” or “EIDC” for a qualifying project shall be comprised of […]
§ 56-604. Filing of petition with Commission to establish or amend a SAVE plan; recovery of certain costs; procedure
A. Notwithstanding any provisions of law to the contrary, a natural gas utility may file a SAVE plan as provided in this chapter. Such a plan shall provide for a timeline for completion of the proposed eligible infrastructure replacement projects, the estimated costs of the proposed eligible infrastructure projects, and a schedule for recovery of […]
§ 56-601. Natural gas conservation and ratemaking efficiency
A. Consistent with the objectives pertaining to the energy issues and policy elements stated in § 45.2-1706.1, it is in the public interest to authorize and encourage the adoption of natural gas conservation and ratemaking efficiency plans that promote the wise use of natural gas and natural gas infrastructure through the development of alternative rate […]
§ 56-602. Conservation and ratemaking efficiency plans
A. Notwithstanding any provision of law to the contrary, each natural gas utility shall have the option to file a conservation and ratemaking efficiency plan as provided in this chapter. Such a plan may include one or more residential, small commercial, or small general service classes, but shall not apply to large commercial or large […]
§ 56-603. Definitions
As used in this chapter: “Commission” means the State Corporation Commission. “Eligible infrastructure replacement” means natural gas utility facility replacement projects that: (i) enhance safety or reliability by reducing system integrity risks associated with customer outages, corrosion, equipment failures, material failures, or natural forces; (ii) do not increase revenues by directly connecting the infrastructure replacement […]
§ 56-600. Definitions
As used in this chapter: “Allowed distribution revenue” means the average annual, weather-normalized, nongas commodity revenue per customer associated with the rates in effect as adopted in the applicable utility’s last Commission-approved rate case or performance-based regulation plan, multiplied by the average number of customers served. “Conservation and ratemaking efficiency plan” means a plan filed […]
§ 56-598. Contents of integrated resource plans
An IRP should: 1. Integrate, over the planning period, the electric utility’s forecast of demand for electric generation supply with recommended plans to meet that forecasted demand and assure adequate and sufficient reliability of service, including: a. Generating electricity from generation facilities that it currently operates or intends to construct or purchase; b. Purchasing electricity […]
§ 56-599. Integrated resource plan required
A. Each electric utility shall file an updated integrated resource plan by July 1, 2015. Thereafter, each electric utility shall file an updated integrated resource plan by May 1, in each year immediately preceding the year the utility is subject to a triennial review filing. A copy of each integrated resource plan shall be provided […]
§ 56-596.3. Electric generation, transmission, and distribution; report
The Commission shall submit a report and make recommendations to the Governor and the General Assembly annually on or before December 1 of each year assessing (i) the reliability of electrical transmission or distribution systems; (ii) the integration of utility or customer owned renewable electric generation resources with the utility’s electric distribution grid; (iii) the […]
§ 56-596.4. Electric utilities; local reliability data
A. For the purposes of this section, “Phase II Utility” has the same meaning as provided in subdivision A 1 of § 56-585.1. B. Upon request of a locality located within the service territory of a Phase II Utility, a Phase II Utility shall provide local reliability data within 30 days of such request. The […]