                                 CODE OF VIRGINIA

RATES FOR STAND-BY ELECTRIC SERVICE AT RENEWABLE COGENERATION FACILITIES (§
56-235.1:1)

A. The Commission shall adopt regulations pursuant to its rules of practice and
procedure that require an electric utility to provide a rate for stand-by
service to customers that operate a cogeneration facility in the Commonwealth
that generates renewable energy, as defined in &#xA7; 56-576. Such regulations
shall allow the electric utility to recover all of the costs that are identified
by the electric utility and determined by the Commission to be related to the
provision of the stand-by service, including but not limited to the costs of
transformers and other equipment required to provide stand-by service and the
costs of capacity and generation, including but not limited to fuel costs.

B. Within 90 days following the effective date of the regulations adopted
pursuant to subsection A, each public utility providing electric service in the
Commonwealth shall submit a plan setting forth how the utility will comply with
the regulations if it does not already have stand-by provisions approved by the
Commission that comply with the regulations. The Commission shall, after notice
and the opportunity for hearing, determine whether a utility&#8217;s plan
complies with the regulations.

HISTORY: 2009, c. 745.