                                 CODE OF VIRGINIA

(EXPIRES JULY 1, 2029) RATEPAYER IMPACT STATEMENTS FOR ELECTRIC UTILITY
REGULATION (§ 30-205.1)

A. As used in this section:
			&#8220;Ratepayer&#8221; means a residential, commercial, or industrial
customer who is billed for the consumption of electricity by an electric utility
in the Commonwealth.
			&#8220;Ratepayer impact statement&#8221; means a statement prepared using
data or other relevant information to estimate the potential impact on
ratepayers&#8217; electric bills of proposed legislation related to electric
utilities.

B. Upon the request by the Chairman for the House Committee on Labor and
Commerce or the Senate Committee on Commerce and Labor, the Commission shall
prepare a ratepayer impact statement for any proposed legislation related to
electric utility regulation specified by such Chairman. Each such Chairman may
request up to five ratepayer impact statements in any given regular or special
session of the General Assembly. Additionally, upon the request of any other
member of the General Assembly, the Commission, at the Commission&#8217;s
discretion, may prepare a ratepayer impact statement for any proposed
legislation related to electric utility regulation specified by such member.

C. The Commission shall provide any such ratepayer impact statement to the
requesting Chairman or member, the patron of the legislation, and the members of
any committee considering the legislation.

D. Upon request of the Commission, the State Corporation Commission, the Office
of the Attorney General, and all agencies of the Commonwealth shall
expeditiously provide the Commission with assistance in the preparation of any
ratepayer impact statement including providing the Commission with any necessary
data or other relevant information.

E. The Commission shall ensure that any ratepayer impact statement provides a
neutral and accurate analysis of the potential impact on ratepayers&#8217;
electric bills of the proposed legislation. Any ratepayer impact statement shall
include the methodology used by the Commission to prepare such ratepayer impact
statement.

HISTORY: 2023, cc. 753, 793.