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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Virginia Code Title 56. Public Service Companies § 56-585.1:13. Recovery of costs associated with investment in transportation electrification - last updated January 01, 2025 | https://codes.findlaw.com/va/title-56-public-service-companies/va-code-sect-56-585-1-13/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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