§ 56-248.1

Commission to monitor fuel prices and utility fuel purchases; fuel price index

The Commission shall monitor all fuel purchases, transportation costs, and contracts for such purchases of a utility to ascertain that all feasible economies are being utilized.In addition, the Commission shall establish a fuel price index in order to compare the prices paid for the various types of fuel by Virginia utilities with the average price of the various types of fuel paid by other public utilities at comparable geographic locations in the market. This section shall not apply to telephone companies.


1976, c. 507; 1982, c. 107; 2011, cc. 738, 740.


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