Attorney Gen. v. State Corp. Comm’n

In 2012, Dominion Virginia Power filed an application with the State Corporation Commission seeking approval of a power station and transmission interconnection facilities associated with the generation plant. Dominion’s application also sought approval of a rate adjustment clause (RAC) to recover the costs of the power station and the associated transmission infrastructure. As part of the RAC, Dominion sought an enhancement on its general rate of return on common equity (ROE) for a certain period and proposed applying the enhanced ROE to the costs of the power station and associated transmission infrastructure. The Commission approved the power station and associated transmission infrastructure and allowed Dominion to recover an enhanced ROE for the transmission infrastructure. The Supreme Court affirmed, holding that the Commission properly interpreted Va. Code 56-585.1(A)(6) to allow Dominion to recover an enhanced ROE for the transmission infrastructure associated with the power station and included in the subsection (A)(6) RAC for that facility. View "Attorney Gen. v. State Corp. Comm'n" on Justia Law