Chief Patron: Gilbert
Public Transparency For Utility Rate Adjustment Clauses (language only)

Item 476 #1h

Language

Page 594, after line 35, insert:

"A Phase I or Phase II Electric Utility as that term is defined in § 56-585.1 of the Code of Virginia shall list on all of its monthly bills to customers served under its residential tariffs all of the rate adjustment clauses authorized under Section A.6. of § 56-585.1 and the amounts due under those clauses on that bill.  The utility will provide additional information on its website which clearly delineates which of its list of all approved rate adjustment clauses is currently applied to residential customers, which are not, and which are optional to those customers. The specific purposes of the rate adjustment clauses shall be included on the website, and whether they do or do not include an authorized rate of return. Rate adjustment clauses which have been combined with the approval of the State Corporation Commission shall be listed in their combined form."