20 Va. Admin. Code § 5-342-80
Current through Register Vol. 40, No. 22, June 17, 2024
Section 20VAC5-342-80 - Determination of bill credit rate and administrative chargeA. The commission shall determine the need for and amount of any appropriate administrative charge. 1. Any administrative charge deemed necessary by the commission may include items such as the following four general categories of costs, to be demonstrated by the utility: a. Transmission and distribution costs;b. Standby generation and balancing costs; c. Non-bypassable charges established by the commission or otherwise by law; and d. Other administrative costs, including such as any banking, balancing, and storing fees related to the utility's processing and handling of the excess bill credits.2. Certain of these costs will may be determined by reference to rates approved in parallel rate proceedings before the commission and may be updated automatically when those rates are adjusted for the utility's customer population. Other components of the administrative charge may be reevaluated and determined by the commission in a proceeding convened at the commission's discretion pursuant to this section.B. The bill credit shall be calculated in accordance with 20VAC5-342-60 F and § 56-585.1:12D of the Code of Virginia.20 Va. Admin. Code § 5-342-80
Derived from Virginia Register Volume 37, Issue 11, eff. 1/1/2021.Statutory Authority: § 12.1-13 and 56-585.1:12 of the Code of Virginia.