HB2087: Electric utilities; transportation electrification, definitions.

Legislative Summary

Electric utilities; electric vehicle charging stations; transportation electrification. Permits Dominion Energy and Appalachian Power Company to develop, own, maintain, and operate public-facing fast-charging stations, as defined in the bill, at or beyond a radial distance from privately owned fast-charging stations, which radial distance shall be determined by the Commission in a rulemaking proceeding initiated by June 1, 2027, with a final order entered no later than December 31, 2027. The bill repeals current law related to the recovery of costs associated with investment in transportation electrification on December 31, 2027, to coincide with such final order. The bill has an expiration date of July 1, 2030.