Utility Electrification Investment Recovery Requirement
Beginning July 1, 2021, costs incurred by investor-owned electric utilities associated with investments in transportation electrification may only be recovered through the utility’s rates for electricity generation and distribution.
(Reference Virginia Code 56-585.1:13)
Type: Laws and Regulations
Enacted: Mar 24, 2021
Technologies: EVs, PHEVs
See all Virginia Laws and Incentives.