                                 CODE OF VIRGINIA

JURISDICTION OF COMMISSION WHEN FEDERAL GOVERNMENTAL FACILITY CEASES TO BE
RETAIL CUSTOMER OF ELECTRIC UTILITY (§ 56-235.7)

Notwithstanding anything to the contrary in § 56-234, the rates and charges for
service to any federal governmental facility that is a retail customer of any
electric utility prior to January 1, 1996, and which ceases, in whole or in
part, to be a retail customer of that electric utility after January 1, 1996,
because of its purchase of electricity from another supplier shall be subject to
the jurisdiction of the Commission for the limited purpose of determining the
proper rate, if any, to be paid by the federal government to the electric
utility for any and all costs stranded due to the cessation of such retail
service, and payments of such costs shall be made pursuant to a tariff filed and
approved by the Commission; provided, however, the Commission&#8217;s
jurisdiction shall not arise unless and until the effective date of any federal
action that allows any federal governmental facility to purchase electricity
from a supplier other than the electric public service company now providing
electric service to such federal facility.

HISTORY: 1996, c. 466.