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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 20. Public Utilities and Telecommunications |
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Agency 5. State Corporation Commission |
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Chapter 313. Rules Governing Exemptions to Minimum Stay Requirements and Wires Charges |
Section 40. Methodology to determine market-based costs
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The following elements shall be considered to determine the appropriate market-based costs applied to certain customers electing to exempt the minimum stay requirements or wires charges:
1. Actual energy expenses of procuring such electric energy based on real-time or day ahead hourly prices calculated and published by the respective RTO for the appropriate price zone of the local distribution company;
2. Actual capacity expenses of procuring such electric capacity based on prices calculated and published by the respective RTO for the currently defined capacity market;
3. Incremental administrative and incremental transaction costs associated with procuring such energy, including but not limited to:
a. Costs of transmission line losses; and
b. Costs of ancillary services; and
4. A reasonable margin to provide the service deemed justifiable by the State Corporation Commission.
Historical Notes
Derived from Volume 22, Issue 11, eff. January 5, 2006.