Code of Virginia

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Code of Virginia
Title 56. Public Service Companies
Chapter 10. Heat, Light, Power, Water and Other Utility Companies Generally

§ 56-248.1. Commission to monitor fuel prices and utility fuel purchases; fuel price index.

The Commission shall monitor all fuel purchases, transportation costs, and contracts for such purchases of a utility to ascertain that all feasible economies are being utilized.

In addition, the Commission shall establish a fuel price index in order to compare the prices paid for the various types of fuel by Virginia utilities with the average price of the various types of fuel paid by other public utilities at comparable geographic locations in the market. This section shall not apply to telephone companies.

1976, c. 507; 1982, c. 107; 2011, cc. 738, 740.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.