{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/56-240.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/56-240.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/56-240.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/56-240.html"}],"law_id":64527,"edition_id":1,"section_id":64527,"structure_id":14465,"section_number":"56-240","catch_line":"Proposed rates, etc., or changes thereof, not suspended effective subject to later change by Commission; refund or credit; appeal; investor-owned public utilities required to show increase complies with \u00a7 56-235.2","history":"Code 1919, \u00a7 4066; 1918, p. 675; 1924, p. 540; 1927, pp. 124, 125; 1971 Ex. Sess., c. 31; 1973, c. 262; 1979, c. 249; 1998, c. 63; 2011, cc. 738, 740.","full_text":"Unless the Commission so suspends such schedule of rates, tolls, charges, rules and regulations or changes thereof that are required to be filed under \u00a7 56-236, the same shall go into effect as originally filed by any public utility as defined in \u00a7 56-232, upon the date specified in the schedule subject, however, to the power of the Commission, upon investigation thereafter, to fix and order substituted therefor such rate or rates, tolls, charges, rules, or regulations, as shall be just and reasonable, as provided in \u00a7\u00a7 56-235 and 56-247. The Commission may thereupon, in its discretion, order such public utility to refund or give credit promptly to the parties entitled thereto any portion or all of the charges originally filed by the public utility which may have been collected or received in excess of those charges finally fixed and ordered substituted therefor by the Commission. Rates of any utility found to be operating in violation of \u00a7 56-265.3 may be deemed subject to refund by the Commission, on its own motion, as of the date of the Commission&#8217;s order finding that the utility was operating in violation of \u00a7 56-265.3. Such rates shall then be interim in nature and subject to refund until such time as the Commission has determined the appropriateness of the rates. Any amount of the rates found excessive by the Commission shall be subject to refund with interest, as may be ordered by the Commission.\n\t\tFrom any action of the Commission in prescribing rates, refunds, credits, tolls, charges, rules and regulations or changes thereof that are required to be filed under \u00a7 56-236, an appeal may be taken by the corporation whose rates, refunds, credits, tolls, charges, rules and regulations or changes thereof are affected, or by the Commonwealth, or by any person deeming himself aggrieved by such action.\n\t\tNo such rate increase shall go into effect under the provisions of this section for an investor-owned gas, telephone or electric public utility unless such public utility has filed with its schedule information and data designed to show that any increase complies with the just and reasonable requirements of \u00a7 56-235.2, and unless based thereon the Commission finds a reasonable probability that the increase will be justified upon full investigation and hearing. The Commission is authorized to promulgate any rules necessary to implement this provision.","order_by":null,"text":{"0":{"id":234842,"text":"Unless the Commission so suspends such schedule of rates, tolls, charges, rules and regulations or changes thereof that are required to be filed under \u00a7 56-236, the same shall go into effect as originally filed by any public utility as defined in \u00a7 56-232, upon the date specified in the schedule subject, however, to the power of the Commission, upon investigation thereafter, to fix and order substituted therefor such rate or rates, tolls, charges, rules, or regulations, as shall be just and reasonable, as provided in \u00a7\u00a7 56-235 and 56-247. The Commission may thereupon, in its discretion, order such public utility to refund or give credit promptly to the parties entitled thereto any portion or all of the charges originally filed by the public utility which may have been collected or received in excess of those charges finally fixed and ordered substituted therefor by the Commission. Rates of any utility found to be operating in violation of \u00a7 56-265.3 may be deemed subject to refund by the Commission, on its own motion, as of the date of the Commission&#8217;s order finding that the utility was operating in violation of \u00a7 56-265.3. Such rates shall then be interim in nature and subject to refund until such time as the Commission has determined the appropriateness of the rates. Any amount of the rates found excessive by the Commission shall be subject to refund with interest, as may be ordered by the Commission.\n\t\tFrom any action of the Commission in prescribing rates, refunds, credits, tolls, charges, rules and regulations or changes thereof that are required to be filed under \u00a7 56-236, an appeal may be taken by the corporation whose rates, refunds, credits, tolls, charges, rules and regulations or changes thereof are affected, or by the Commonwealth, or by any person deeming himself aggrieved by such action.\n\t\tNo such rate increase shall go into effect under the provisions of this section for an investor-owned gas, telephone or electric public utility unless such public utility has filed with its schedule information and data designed to show that any increase complies with the just and reasonable requirements of \u00a7 56-235.2, and unless based thereon the Commission finds a reasonable probability that the increase will be justified upon full investigation and hearing. The Commission is authorized to promulgate any rules necessary to implement this provision.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14465,"edition_id":1,"name":"Services, Rates, Charges, Etc","identifier":"2","label":"article","depth":3,"order_by":1,"parent_id":13238,"metadata":{},"date_created":"2026-06-26 03:48:13","date_modified":"2026-06-26 03:48:13","permalink":{"id":248755,"object_type":"structure","relational_id":14465,"identifier":"2","token":"56\/10\/2","url":"\/56\/10\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13238,"edition_id":1,"name":"Heat, Light, Power, Water and Other Utility Companies Generally","identifier":"10","label":"chapter","depth":2,"order_by":1,"parent_id":12881,"metadata":{},"date_created":"2026-06-26 03:44:30","date_modified":"2026-06-26 03:44:30","permalink":{"id":248721,"object_type":"structure","relational_id":13238,"identifier":"10","token":"56\/10","url":"\/56\/10\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12881,"edition_id":1,"name":"Public Service Companies","identifier":"56","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:58","date_modified":"2026-06-26 03:43:58","permalink":{"id":248473,"object_type":"structure","relational_id":12881,"identifier":"56","token":"56","url":"\/56\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":87361,"structure_id":14465,"section_number":"56-234","catch_line":"Duty to furnish adequate service at reasonable and uniform rates","url":"\/56-234\/","token":"56\/10\/2\/56-234","metadata":false},{"id":74382,"structure_id":14465,"section_number":"56-234.1","catch_line":"Liability to customer for violation of duty to determine and charge lowest rate applicable","url":"\/56-234.1\/","token":"56\/10\/2\/56-234.1","metadata":false},{"id":56457,"structure_id":14465,"section_number":"56-234.2","catch_line":"Review of rates","url":"\/56-234.2\/","token":"56\/10\/2\/56-234.2","metadata":false},{"id":78493,"structure_id":14465,"section_number":"56-234.3","catch_line":"Approval of expenditures for and monitoring of new generation facilities and projected operation programs of electric utilities","url":"\/56-234.3\/","token":"56\/10\/2\/56-234.3","metadata":false},{"id":72152,"structure_id":14465,"section_number":"56-234.4","catch_line":"Authority to investigate utility operations to determine efficiency","url":"\/56-234.4\/","token":"56\/10\/2\/56-234.4","metadata":false},{"id":84236,"structure_id":14465,"section_number":"56-234.5","catch_line":"Required disclosure by certain officers and directors of certain utilities","url":"\/56-234.5\/","token":"56\/10\/2\/56-234.5","metadata":false},{"id":77453,"structure_id":14465,"section_number":"56-235","catch_line":"When Commission may fix rates, schedules, etc.; conformance with chapter","url":"\/56-235\/","token":"56\/10\/2\/56-235","metadata":false},{"id":85095,"structure_id":14465,"section_number":"56-235.1","catch_line":"Conservation of energy and capital resources","url":"\/56-235.1\/","token":"56\/10\/2\/56-235.1","metadata":false},{"id":57116,"structure_id":14465,"section_number":"56-235.10","catch_line":"Recovery of eligible safety activity costs; administration; procedure","url":"\/56-235.10\/","token":"56\/10\/2\/56-235.10","metadata":false},{"id":68057,"structure_id":14465,"section_number":"56-235.11","catch_line":"Retail rates of affiliated water utilities","url":"\/56-235.11\/","token":"56\/10\/2\/56-235.11","metadata":false},{"id":69890,"structure_id":14465,"section_number":"56-235.12","catch_line":"Economic development programs","url":"\/56-235.12\/","token":"56\/10\/2\/56-235.12","metadata":false},{"id":80899,"structure_id":14465,"section_number":"56-235.1:1","catch_line":"Rates for stand-by electric service at renewable cogeneration facilities","url":"\/56-235.1_1\/","token":"56\/10\/2\/56-235.1_1","metadata":false},{"id":80993,"structure_id":14465,"section_number":"56-235.1:2","catch_line":"Costs of using small, women-owned, or minority-owned businesses","url":"\/56-235.1_2\/","token":"56\/10\/2\/56-235.1_2","metadata":false},{"id":62621,"structure_id":14465,"section_number":"56-235.2","catch_line":"All rates, tolls, etc., to be just and reasonable to jurisdictional customers; findings and conclusions to be set forth; alternative forms of regulation for electric companies","url":"\/56-235.2\/","token":"56\/10\/2\/56-235.2","metadata":false},{"id":66652,"structure_id":14465,"section_number":"56-235.3","catch_line":"Procedures for investigation of rate applications","url":"\/56-235.3\/","token":"56\/10\/2\/56-235.3","metadata":false},{"id":63163,"structure_id":14465,"section_number":"56-235.4","catch_line":"Prohibition of multiple rate increases within any twelve-month period; exception","url":"\/56-235.4\/","token":"56\/10\/2\/56-235.4","metadata":false},{"id":55844,"structure_id":14465,"section_number":"56-235.5","catch_line":"Telephone regulatory alternatives","url":"\/56-235.5\/","token":"56\/10\/2\/56-235.5","metadata":false},{"id":87078,"structure_id":14465,"section_number":"56-235.5:1","catch_line":"Local exchange telephone service competition policy","url":"\/56-235.5_1\/","token":"56\/10\/2\/56-235.5_1","metadata":false},{"id":71641,"structure_id":14465,"section_number":"56-235.6","catch_line":"Optional performance-based regulation of certain utilities","url":"\/56-235.6\/","token":"56\/10\/2\/56-235.6","metadata":false},{"id":77670,"structure_id":14465,"section_number":"56-235.7","catch_line":"Jurisdiction of Commission when federal governmental facility ceases to be retail customer of electric utility","url":"\/56-235.7\/","token":"56\/10\/2\/56-235.7","metadata":false},{"id":78685,"structure_id":14465,"section_number":"56-235.8","catch_line":"Retail supply choice for natural gas customers","url":"\/56-235.8\/","token":"56\/10\/2\/56-235.8","metadata":false},{"id":62516,"structure_id":14465,"section_number":"56-235.9","catch_line":"Recovery of funds used for capital projects prior to a rate case for strategic natural gas facilities","url":"\/56-235.9\/","token":"56\/10\/2\/56-235.9","metadata":false},{"id":59697,"structure_id":14465,"section_number":"56-236","catch_line":"Public utilities required to file schedules of rates and charges; rules and regulations; when detariffing of telephone services to be permitted","url":"\/56-236\/","token":"56\/10\/2\/56-236","metadata":false},{"id":85571,"structure_id":14465,"section_number":"56-236.1","catch_line":"Rates to be charged churches","url":"\/56-236.1\/","token":"56\/10\/2\/56-236.1","metadata":false},{"id":74562,"structure_id":14465,"section_number":"56-236.2","catch_line":"Suspension of service to sewerage system","url":"\/56-236.2\/","token":"56\/10\/2\/56-236.2","metadata":false},{"id":57569,"structure_id":14465,"section_number":"56-237","catch_line":"How changes in rates effected; notice required; changes to be indicated on schedules","url":"\/56-237\/","token":"56\/10\/2\/56-237","metadata":false},{"id":64233,"structure_id":14465,"section_number":"56-237.1","catch_line":"Notification of intent to seek rate change in schedules required to be filed under \u00a7 56-236","url":"\/56-237.1\/","token":"56\/10\/2\/56-237.1","metadata":false},{"id":67487,"structure_id":14465,"section_number":"56-237.2","catch_line":"Public hearings on protests or objections to rate changes","url":"\/56-237.2\/","token":"56\/10\/2\/56-237.2","metadata":false},{"id":80068,"structure_id":14465,"section_number":"56-238","catch_line":"Suspension of proposed rates, etc.; investigation; effectiveness of rates pending investigation and subject to bond; fixing reasonable rates, etc","url":"\/56-238\/","token":"56\/10\/2\/56-238","metadata":false},{"id":78378,"structure_id":14465,"section_number":"56-239","catch_line":"Appeal from action of Commission","url":"\/56-239\/","token":"56\/10\/2\/56-239","metadata":false},{"id":64527,"structure_id":14465,"section_number":"56-240","catch_line":"Proposed rates, etc., or changes thereof, not suspended effective subject to later change by Commission; refund or credit; appeal; investor-owned public utilities required to show increase complies with \u00a7 56-235.2","url":"\/56-240\/","token":"56\/10\/2\/56-240","metadata":false},{"id":57241,"structure_id":14465,"section_number":"56-241","catch_line":"Rates of telephone companies","url":"\/56-241\/","token":"56\/10\/2\/56-241","metadata":false},{"id":83712,"structure_id":14465,"section_number":"56-241.1","catch_line":"Flat and measured telephone rates; certain rates prohibited","url":"\/56-241.1\/","token":"56\/10\/2\/56-241.1","metadata":false},{"id":74999,"structure_id":14465,"section_number":"56-241.2","catch_line":"Approval of rates for resale of telephone service","url":"\/56-241.2\/","token":"56\/10\/2\/56-241.2","metadata":false},{"id":72101,"structure_id":14465,"section_number":"56-242","catch_line":"Temporary reduction of rates","url":"\/56-242\/","token":"56\/10\/2\/56-242","metadata":false},{"id":79154,"structure_id":14465,"section_number":"56-243","catch_line":"Duration of such temporary reduction","url":"\/56-243\/","token":"56\/10\/2\/56-243","metadata":false},{"id":84025,"structure_id":14465,"section_number":"56-244","catch_line":"Increase to make up for losses due to excessive temporary reduction","url":"\/56-244\/","token":"56\/10\/2\/56-244","metadata":false},{"id":67793,"structure_id":14465,"section_number":"56-245","catch_line":"Temporary increase in rates","url":"\/56-245\/","token":"56\/10\/2\/56-245","metadata":false},{"id":75868,"structure_id":14465,"section_number":"56-245.1","catch_line":"Meters to be kept in good working condition; defective meters","url":"\/56-245.1\/","token":"56\/10\/2\/56-245.1","metadata":false},{"id":80955,"structure_id":14465,"section_number":"56-245.1:1","catch_line":"Customers to be notified about nuclear emergency evacuation plans","url":"\/56-245.1_1\/","token":"56\/10\/2\/56-245.1_1","metadata":false},{"id":61620,"structure_id":14465,"section_number":"56-245.1:2","catch_line":"Customers to be notified of renewable power options","url":"\/56-245.1_2\/","token":"56\/10\/2\/56-245.1_2","metadata":false},{"id":70183,"structure_id":14465,"section_number":"56-245.1:3","catch_line":"Disconnection suspension for utilities","url":"\/56-245.1_3\/","token":"56\/10\/2\/56-245.1_3","metadata":false},{"id":86241,"structure_id":14465,"section_number":"56-245.1:4","catch_line":"Notice procedures for nonpayment; disconnecting utility service","url":"\/56-245.1_4\/","token":"56\/10\/2\/56-245.1_4","metadata":false}],"previous_section":{"id":78378,"structure_id":14465,"section_number":"56-239","catch_line":"Appeal from action of Commission","url":"\/56-239\/","token":"56\/10\/2\/56-239","metadata":false},"next_section":{"id":57241,"structure_id":14465,"section_number":"56-241","catch_line":"Rates of telephone companies","url":"\/56-241\/","token":"56\/10\/2\/56-241","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/56-240\/","history_text":"<p>The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1973, chapter 262; in 1979, chapter 249; in 1998, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?981+ful+CHAP0063\">63<\/a>; in 2011, chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?111+ful+CHAP0738\">738<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?111+ful+CHAP0740\">740<\/a>.<\/p>","references":[{"id":75233,"section_number":"56-232","catch_line":"Public utility and schedules defined","order_by":null,"url":"\/56-232\/"}],"refers_to":[{"id":75233,"section_number":"56-232","catch_line":"Public utility and schedules defined","order_by":null,"url":"\/56-232\/"},{"id":77453,"section_number":"56-235","catch_line":"When Commission may fix rates, schedules, etc.; conformance with chapter","order_by":null,"url":"\/56-235\/"},{"id":62621,"section_number":"56-235.2","catch_line":"All rates, tolls, etc., to be just and reasonable to jurisdictional customers; findings and conclusions to be set forth; alternative forms of regulation for electric companies","order_by":null,"url":"\/56-235.2\/"},{"id":59697,"section_number":"56-236","catch_line":"Public utilities required to file schedules of rates and charges; rules and regulations; when detariffing of telephone services to be permitted","order_by":null,"url":"\/56-236\/"},{"id":86344,"section_number":"56-247","catch_line":"Commission may change regulations, measurements, practices, services, or acts","order_by":null,"url":"\/56-247\/"},{"id":60647,"section_number":"56-265.3","catch_line":"Certificate to furnish public utility service; allotment of territory transfers, leases or amendments","order_by":null,"url":"\/56-265.3\/"}],"permalink":{"id":248877,"object_type":"law","relational_id":64527,"identifier":"56-240","token":"56\/10\/2\/56-240","url":"\/56-240\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/56-240\/","token":"56\/10\/2\/56-240","dublin_core":{"Title":"Proposed rates, etc., or changes thereof, not suspended effective subject to later change by Commission; refund or credit; appeal; investor-owned public utilities required to show increase complies with \u00a7 56-235.2","Type":"Text","Format":"text\/html","Identifier":"\u00a7 56-240","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>Unless the <span class=\"dictionary\">Commission<\/span> so suspends such schedule of <span class=\"dictionary\">rates<\/span>, tolls, charges, rules and regulations or changes thereof that are required to be filed under \u00a7&nbsp;<a class=\"law\" title=\"Public utilities required to file schedules of rates and charges; rules and regulations; when detariffing of telephone services to be permitted\" href=\"\/56-236\/\">56-236<\/a>, the same shall go into effect as originally filed by any public utility as defined in \u00a7&nbsp;<a class=\"law\" title=\"Public utility and schedules defined\" href=\"\/56-232\/\">56-232<\/a>, upon the date specified in the schedule subject, however, to the power of the <span class=\"dictionary\">Commission<\/span>, upon investigation thereafter, to fix and <span class=\"dictionary\">order<\/span> substituted therefor such <span class=\"dictionary\">rate<\/span> or <span class=\"dictionary\">rates<\/span>, tolls, charges, rules, or regulations, as shall be just and reasonable, as provided in \u00a7\u00a7&nbsp;<a class=\"law\" title=\"When Commission may fix rates, schedules, etc.; conformance with chapter\" href=\"\/56-235\/\">56-235<\/a> and <a class=\"law\" title=\"Commission may change regulations, measurements, practices, services, or acts\" href=\"\/56-247\/\">56-247<\/a>. The <span class=\"dictionary\">Commission<\/span> may thereupon, in its discretion, <span class=\"dictionary\">order<\/span> such public utility to refund or give credit promptly to the parties entitled thereto any portion or all of the charges originally filed by the public utility which may have been collected or received in excess of those charges finally fixed and ordered substituted therefor by the <span class=\"dictionary\">Commission<\/span>. <span class=\"dictionary\">Rates<\/span> of any utility found to be operating in violation of \u00a7&nbsp;<a class=\"law\" title=\"Certificate to furnish public utility service; allotment of territory transfers, leases or amendments\" href=\"\/56-265.3\/\">56-265.3<\/a> may be deemed subject to refund by the <span class=\"dictionary\">Commission<\/span>, on its own <span class=\"dictionary\">motion<\/span>, as of the date of the <span class=\"dictionary\">Commission<\/span>&#8217;s <span class=\"dictionary\">order<\/span> <span class=\"dictionary\">finding<\/span> that the utility was operating in violation of \u00a7&nbsp;<a class=\"law\" title=\"Certificate to furnish public utility service; allotment of territory transfers, leases or amendments\" href=\"\/56-265.3\/\">56-265.3<\/a>. Such <span class=\"dictionary\">rates<\/span> shall then be interim in nature and subject to refund until such time as the <span class=\"dictionary\">Commission<\/span> has determined the appropriateness of the <span class=\"dictionary\">rates<\/span>. Any amount of the <span class=\"dictionary\">rates<\/span> found excessive by the <span class=\"dictionary\">Commission<\/span> shall be subject to refund with interest, as may be ordered by the <span class=\"dictionary\">Commission<\/span>.\n\t\tFrom any action of the <span class=\"dictionary\">Commission<\/span> in prescribing <span class=\"dictionary\">rates<\/span>, refunds, credits, tolls, charges, rules and regulations or changes thereof that are required to be filed under \u00a7&nbsp;<a class=\"law\" title=\"Public utilities required to file schedules of rates and charges; rules and regulations; when detariffing of telephone services to be permitted\" href=\"\/56-236\/\">56-236<\/a>, an <span class=\"dictionary\">appeal<\/span> may be taken by the <span class=\"dictionary\">corporation<\/span> whose <span class=\"dictionary\">rates<\/span>, refunds, credits, tolls, charges, rules and regulations or changes thereof are affected, or by the Commonwealth, or by any <span class=\"dictionary\">person<\/span> deeming himself aggrieved by such action.\n\t\tNo such <span class=\"dictionary\">rate<\/span> increase shall go into effect under the provisions of this section for an investor-owned gas, telephone or electric public utility unless such public utility has filed with its schedule information and data designed to show that any increase complies with the just and reasonable requirements of \u00a7&nbsp;<a class=\"law\" title=\"All rates, tolls, etc., to be just and reasonable to jurisdictional customers; findings and conclusions to be set forth; alternative forms of regulation for electric companies\" href=\"\/56-235.2\/\">56-235.2<\/a>, and unless based thereon the <span class=\"dictionary\">Commission<\/span> finds a reasonable probability that the increase will be justified upon full investigation and <span class=\"dictionary\">hearing<\/span>. The <span class=\"dictionary\">Commission<\/span> is authorized to promulgate any rules necessary to implement this provision.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPROPOSED RATES, ETC., OR CHANGES THEREOF, NOT SUSPENDED EFFECTIVE SUBJECT TO\nLATER CHANGE BY COMMISSION; REFUND OR CREDIT; APPEAL; INVESTOR-OWNED PUBLIC\nUTILITIES REQUIRED TO SHOW INCREASE COMPLIES WITH \u00a7 56-235.2 (\u00a7 56-240)\n\nUnless the Commission so suspends such schedule of rates, tolls, charges, rules\nand regulations or changes thereof that are required to be filed under \u00a7\n56-236, the same shall go into effect as originally filed by any public utility\nas defined in \u00a7 56-232, upon the date specified in the schedule subject,\nhowever, to the power of the Commission, upon investigation thereafter, to fix\nand order substituted therefor such rate or rates, tolls, charges, rules, or\nregulations, as shall be just and reasonable, as provided in \u00a7\u00a7 56-235 and\n56-247. The Commission may thereupon, in its discretion, order such public\nutility to refund or give credit promptly to the parties entitled thereto any\nportion or all of the charges originally filed by the public utility which may\nhave been collected or received in excess of those charges finally fixed and\nordered substituted therefor by the Commission. Rates of any utility found to be\noperating in violation of \u00a7 56-265.3 may be deemed subject to refund by the\nCommission, on its own motion, as of the date of the Commission&#8217;s order\nfinding that the utility was operating in violation of \u00a7 56-265.3. Such rates\nshall then be interim in nature and subject to refund until such time as the\nCommission has determined the appropriateness of the rates. Any amount of the\nrates found excessive by the Commission shall be subject to refund with\ninterest, as may be ordered by the Commission.\n\t\tFrom any action of the Commission in prescribing rates, refunds, credits,\ntolls, charges, rules and regulations or changes thereof that are required to be\nfiled under \u00a7 56-236, an appeal may be taken by the corporation whose rates,\nrefunds, credits, tolls, charges, rules and regulations or changes thereof are\naffected, or by the Commonwealth, or by any person deeming himself aggrieved by\nsuch action.\n\t\tNo such rate increase shall go into effect under the provisions of this\nsection for an investor-owned gas, telephone or electric public utility unless\nsuch public utility has filed with its schedule information and data designed to\nshow that any increase complies with the just and reasonable requirements of \u00a7\n56-235.2, and unless based thereon the Commission finds a reasonable probability\nthat the increase will be justified upon full investigation and hearing. The\nCommission is authorized to promulgate any rules necessary to implement this\nprovision.\n\nHISTORY: Code 1919, \u00a7 4066; 1918, p. 675; 1924, p. 540; 1927, pp. 124, 125;\n1971 Ex. Sess., c. 31; 1973, c. 262; 1979, c. 249; 1998, c. 63; 2011, cc. 738,\n740.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}