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Home / Opinion Digests / Proper legal standard used for cost-recovery charges (access required)

Proper legal standard used for cost-recovery charges (access required)

Where the State Corporation Commission approved Virginia Electric and Power’s petition to recover from its customers the cost of purchasing “allowances” to emit CO2 from its power plants, there was no error because the allowances were necessary to comply with environmental costs and regulations. Overview Under the Virginia Department of Environmental Quality regulations, Virginia Electric and Power ...