Virginia Court Affirms Law Suspending Biennial Earnings Review Requirements

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The Virginia Supreme Court has declared constitutional a piece of legislation that had been enacted by the state's General Assembly in 2015, which law had the effect of temporarily rolling back for a five-year period the Virginia State Corporation Commission's authority to biannually scrutinize the rates and finances of the state's two largest electric utilities, Dominion Virginia Power (now Dominion Energy Virginia) and Appalachian Power Company.

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