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)

Jurisdiction: Virginia

Type: Laws and Regulations

Enacted: Mar 24, 2021

Technologies: EVs, PHEVs

See all Virginia Laws and Incentives.