20 Va. Admin. Code § 5-302-35

Current through Register Vol. 40, No. 22, June 17, 2024

Section 20VAC5-302-35 - Information required from electric utilities subject to section 56-585.1 of the Code of Virginia

Any incumbent electric utility as defined in § 56-576 of the Code of Virginia and subject to the commission's ratemaking authority pursuant to § 56-585.1 of the Code of Virginia shall provide justification of the need for the proposed facility. In addition, the following information shall be included:

1. Initial feasibility and front end engineering design studies that support the specific plant design, plant type and site selected.

2. Initial fuel supply studies that demonstrate the availability and adequacy of selected fuels.

3. Detailed support for planning assumptions regarding plant performance and operating costs, including historical information for similar units, where available.

4. Economic studies that compare the selected alternative with other options considered, including sensitivity analyses and production costing simulations of the applicant's overall generating resources that demonstrate that the selected option is the best alternative.

5. Load and generating capacity reserve forecast information that demonstrates the need for the plant in the in-service year proposed.

6. Detailed cost estimate for the facility, including projected costs of construction, transmission interconnections, fuel supply related infrastructure improvements and project financing.

20 Va. Admin. Code § 5-302-35

Derived from Virginia Register Volume 19, Issue 1, eff. August 21, 2002; amended, Virginia Register Volume 25, Issue 10, eff. January 15, 2009.

Statutory Authority

§§ 12.1-13, 56-265.2 and 56-580 of the Code of Virginia.