Public utilities; reopening rate case in certain instances.

Summary

The bill lets the Virginia State Corporation Commission revisit a recent rate increase decision when a public utility files an application to acquire or dispose of control within 24 months of the original order. Any interested party can also petition for reopening. This aims to ensure rates reflect new ownership structures and protect ratepayers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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