Effort to Reinstate Electric Bill Refunds Fails in Virginia Sena - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Effort to Reinstate Electric Bill Refunds Fails in Virginia Senate Panel Vote

Posted: Jan 15, 2018 5:08 PM Updated:

RICHMOND, Va. (AP) - A Virginia Senate panel has rejected a bill that would allow state regulators to order refunds to customers of the state's two largest electric utilities.

The Senate Commerce and Labor Committee voted Monday to kill a bill by Democratic Sen. Chap Petersen that would essentially repeal a 2015 law that temporarily barred state regulators from adjusting certain rates of electric monopolies, even if they made excessive profits.

The law has allowed both Dominion Energy and Appalachian Power to hold on to profits they otherwise would have had to return, including $130 million in refunds Dominion's customers would be due on bills paid in 2015 and 2016.

Sen. Frank Wagner and Dick Saslaw, both strong allies of Dominion, plan to introduce legislation aimed at overhauling utility regulation later this week.

  • Most Popular StoriesMost Popular StoriesMore>>

  • No Home Confinement for Former Delaware Prison Guard

    No Home Confinement for Former Delaware Prison Guard

    Feb 23, 2018 5:07 PM2018-02-23 22:07:00 GMT
    Friday, February 23 2018 5:07 PM EST2018-02-23 22:07:14 GMT
    A federal judge says he has no authority to allow home confinement for a former Delaware prison guard sentenced to three years for smuggling drugs and cellphones to inmates.More
    A federal judge says he has no authority to allow home confinement for a former Delaware prison guard sentenced to three years for smuggling drugs and cellphones to inmates.More
  • Man Pleads Guilty in 2017 Laurel Murder

    Man Pleads Guilty in 2017 Laurel Murder

    Feb 23, 2018 2:53 PM2018-02-23 19:53:00 GMT
    Friday, February 23 2018 3:42 PM EST2018-02-23 20:42:59 GMT
    Stephon JacksonStephon Jackson
    Stephon JacksonStephon Jackson
    A 19-year-old Laurel man faces up to 105 years in prison after pleading guilty to a 2017 shooting that left an 18-year-old man dead.More
    A 19-year-old Laurel man faces up to 105 years in prison after pleading guilty to a 2017 shooting that left an 18-year-old man dead.More
  • Local Fans React to Cape-Smyrna "Basketbrawl"

    Local Fans React to Cape-Smyrna "Basketbrawl"

    Feb 23, 2018 10:21 PM2018-02-24 03:21:00 GMT
    Friday, February 23 2018 10:22 PM EST2018-02-24 03:22:26 GMT
    DOVER, Del.- After a fight broke out at a high school basketball game on Thursday night, local fans were shocked that violence ensued during a playoff match-up. The fight broke out before the conference game between Cape Henlopen and Smyrna finished at MiMore
    After a fight broke out at a high school basketball game on Thursday night, local fans were shocked that violence ensued during a playoff match-up. More
Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices