                                 CODE OF VIRGINIA

EXTENSION OF ELECTRIC SERVICE TO TERRITORY NOT BEING SERVED (§ 56-255)

If, from any rural territory not now being served, application be made to the
Commission by a group of five or more persons, natural or artificial, to require
an extension of electric service to such territory, the Commission shall, if
necessary to accomplish the purposes sought, fix a time for hearing such
application, on such terms and conditions as the Commission may prescribe, and,
if it be established to the satisfaction of the Commission that a proper
guaranteed revenue for a sufficient number of years will accrue to any company
which may be required to construct the desired extension, and that a reasonable
investment will accrue to the company constructing such extension, then the
Commission is hereby authorized and empowered to require the nearest or most
advantageously located electric utility company to such territory to construct
such extension to such point or points in such territory and to serve such
customer or customers therein, as in its judgment is right and proper.

HISTORY: 1936, p. 1056; Michie Code 1942, § 4057(24).