Va. Code Ann. § 56-606
Infrastructure development
Redline — June 1, 2021 → current.View current text →
Current — March 1, 2022
As of June 1, 2021
Notwithstanding any provision of law to the contrary when the requirements set forth in the definition of qualifying project have been satisfied:
Notwithstanding any provision of law to the contrary when the requirements set forth in the definition of qualifying project have been satisfied:
(1) The natural gas utility certificated to serve the subject service territory may construct the necessary facilities subject to the provisions of this chapter; and
(1) The natural gas utility certificated to serve the subject service territory may construct the necessary facilities subject to the provisions of this chapter; and
(2) The natural gas utility constructing eligible infrastructure pursuant to subdivision 1 shall be permitted to recover the EIDC necessary to develop the eligible infrastructure for the designated qualifying project or projects in future rates as provided in §§ 56-607 and 56-608. The utility shall maintain the burden of demonstrating that the criteria set forth in this chapter have been satisfied. (2012, cc. 51, 202.)
(2) The natural gas utility constructing eligible infrastructure pursuant to subdivision 1 shall be permitted to recover the EIDC necessary to develop the eligible infrastructure for the designated qualifying project or projects in future rates as provided in §§ 56-607 and 56-608. The utility shall maintain the burden of demonstrating that the criteria set forth in this chapter have been satisfied.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.