                                 CODE OF VIRGINIA

PROGRAM FOR ELECTRIC INFRASTRUCTURE SERVING BUSINESS PARKS (§ 56-585.1:10)

The Virginia Economic Development Partnership shall conduct a program with each
Phase I and Phase II Utility, as those terms are defined in subsection A of §
56-585, in each such utility&#8217;s service territory or transmission zone for
the purpose of promoting economic development in areas of the Commonwealth. The
program shall allow any such utility to complete the construction phase of a
transmission line and any associated substation and other associated facilities
to provide electric transmission and distribution infrastructure to a business
park, as defined in § 56-576, located within the utility&#8217;s transmission
zone where investments by a locality or an industrial development authority or a
similar political subdivision of the Commonwealth created pursuant to §
15.2-4903 or other act of the General Assembly in the siting, environmental
review, pre-engineering design, and transmission right-of-way acquisition have
been made prior to the public announcement of a prospective occupant of the
business park. Each program shall be subject to the following terms, conditions,
and restrictions:

1. The costs incurred by a Phase I or Phase II Utility after January 1, 2019, to
construct, operate, and maintain the business park electric infrastructure in
order to provide service to a business park participating in the program
outlined by this section shall be recovered by the utility pursuant to a rate
adjustment clause approved by the Commission in subdivision A 4 of &#xA7;
56-585.1.

2. Each individual qualifying project shall be less than 10 miles in length.

3. The role of the Virginia Economic Development Partnership in conducting the
program outlined by this section is to certify that up to two petitions per year
for each Phase I and Phase II utility address the eligibility criteria for
participation in the program set forth in &#xA7; 56-576 and in this section.

4. For construction of business park electric infrastructure, a utility shall
either (i) obtain a certificate from the Commission pursuant to subdivision A 1
of &#xA7; 56-265.2, unless such infrastructure is an ordinary extension or
improvement in the usual course of business or (ii) obtain approval pursuant to
the requirements of &#xA7; 15.2-2232 and any applicable zoning ordinances by the
locality or localities in which the business park electric infrastructure will
be located. If the utility seeks a certificate pursuant to subdivision A 1 of
&#xA7; 56-265.2, the Commission shall issue its decision on the expedited
certificate application no later than six months from the date of filing. The
need for any business park electric infrastructure shall be satisfied if the
business park to be served is approved for the program by the Virginia Economic
Development Partnership.

HISTORY: 2019, c. 535; 2022, c. 216; 2023, cc. 704, 705.