Coal Change Fuels VP/DRi Dispute

Fortnightly Magazine - March 15 1995
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Virginia Corporation Commission staff have discovered that Virginia Power Co. (VP) customers overpaid $11 million for fuel under a renegotiated coal-hauling contract with CSX Transportation. Without corrective action, VP would continue to bill ratepayers for excessive fuel payments through 2000, when the contract expires. Staff have recommended that all excessive fuel costs be disallowed, including refunds of previously recovered amounts, and that payments be continuously adjusted over the contract life.

Recharge the Economy with Renewable Energy Tax Credits

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