Tag: State Corporation Commission
SCC to review plan for solar generating facility in Fauquier County
The State Corporation Commission (SCC) will hold a public hearing in July regarding an application by Dominion Virginia Power to build and operate a 20 megawatt utility-scale solar electric generating facility near Remington in Fauquier County.
SCC encourages Virginians to talk to financial professionals about cyber security
With organized cyber-attacks against financial institutions on the rise, the State Corporation Commission (SCC) reminds investors of the importance of protecting the personal information they share with financial professionals.
Bids received for Route 29/ Route 250 interchange improvements in Charlottesville
Two construction companies submitted bids to build the improvements to the Route 29/ Route 250 interchange in Charlottesville. That project is the first roadway improvement in the Route 29 Solutions package to advance to construction.
SCC announces Electronic Filing Depository for certain securities offerings
The SCC announced this week the launch of the online Electronic Filing Depository that will enhance the efficiency of the regulatory filing process for certain exempt securities offerings.
State Corporation Commission sets workers compensation premium level adjustments
The State Corporation Commission (SCC) has approved revisions to the premium levels charged for workers’ compensation insurance in Virginia.
SCC: Review your insurance plans before the holiday season
When planning for the holiday season, the State Corporation Commission’s (SCC) Bureau of Insurance reminds Virginians to check with their insurance agent.
SCC warns Virginians about potential dangers of high-yield investment programs
The State Corporation Commission encourages Virginians to be wary of investment opportunities promising pie-in-the-sky returns with little or no risk.
State Corporation Commission warns Virginians of top investor threats
The advent of new products and technologies can sometimes spell risk for investors, the State Corporation Commission warned.
APCo to provide rebates to customers, has approved profit reduced
The State Corporation Commission ruled that Appalachian Power had overearned during 2012 and 2013 and ordered $5.825 million in rebates to customers.
Vehicle-deer collisions can impact your car insurance
November is the peak month for collisions between vehicles and deer. Motorists need to be careful, especially when driving at dawn or dusk and in areas where deer are prevalent.
State Corporation Commission warns against Ebola scams
Following the outbreak of Ebola in western Africa and its appearance in North America, the State Corporation Commission cautions investors to beware of investment schemes related to the disease.
SCC urges knowing your stuff when it comes to homeowners insurance
When it comes to homeowners insurance, consumers generally consider the value of their home, but many fail to consider all of their valuable possessions inside.
House Speaker Bill Howell comments on SCC analysis of proposed EPA rule
Virginia House Speaker Bill Howell commented Friday on a new analysis from the Virginia State Corporation Commission that indicates Virginia families and businesses could see $5.5 to $6 billion in higher energy costs under an EPA regulation proposed by President Barack Obama.
SCC seeks public input on proposed rules governing long-term care insurance
The State Corporation Commission (SCC) is proposing revisions to the rules governing long-term care insurance following an extensive Bureau of Insurance study of the long-term care insurance market in Virginia and across the nation.
Conference to cover natural gas pipeline safety
More than 300 natural gas operators and pipeline contractors vital to the success of the Commonwealth of Virginia’s programs for pipeline safety will be attending the 23rd annual conference hosted by the State Corporation Commission.
Bureau of Insurance reminds Virginians to renew insurance before hurricanes, disasters
With more than two months left in hurricane season, the Virginia State Corporation Commission’s Bureau of Insurance reminds Virginians to remain vigilant when it comes to protecting their property from loss.
SCC sets hearing on workers compensation premium levels
The State Corporation Commission (SCC) has scheduled an October hearing to consider a request filed by the National Council on Compensation Insurance, Inc. (NCCI) to adjust the premium levels charged for workers’ compensation insurance.
SCC protects consumers from unintentional lapses of long-term care insurance policies
The Bureau of Insurance of the State Corporation Commission is encouraging long-term care insurance policyholders in Virginia to take advantage of revised regulatory requirements that strengthen protections against unintentional lapses in coverage due to nonpayment of their premiums.
Look at insurance, benefits when making jobs choices
As the economy improves, many Americans are voluntarily changing jobs, often motivated by a desire to improve their financial situation.
SCC schedules hearing for Columbia Gas rate request
The State Corporation Commission (SCC) has scheduled a December public hearing on a request by Columbia Gas of Virginia to increase its rates.
McAuliffe announces rail safety task force
Gov. Terry McAuliffe announced that Secretary of Public Safety and Homeland Security Brian J. Moran and Secretary of Transportation Aubrey Layne will co-chair the interagency Railroad Safety and Security Task Force.
Gov. McAuliffe announces revenue decline
Gov. Terry McAuliffe today announced that state general fund revenue collections declined 3.4% in February. There was a solid gain in individual income tax withholding but that was offset by declines in retail sales, insurance premiums tax and recordation taxes.
State Corporation Commission adjusts Dominion Virginia Power rate of return
The State Corporation Commission (SCC) has ordered Dominion Virginia Power to make various financial and accounting adjustments to ensure that customers continue to pay fair and reasonable rates for electric service. The SCC directives come after a review of the rates charged by the state’s largest electric utility, as required by Virginia law.
Statement by Sens. Warner, Kaine on SCC finding on healthcare coverage
U.S. Sens. Mark Warner and Tim Kaine offered comment following the announcement by the State Corporation Commission’s Bureau of Insurance approving renewal of existing healthcare plans in the individual and small business markets, allowing policyholders to continue existing coverage through the end of 2014.
SCC sets fuel rate for Dominion
The State Corporation Commission has approved a new fuel rate requested by Dominion Virginia Power that will take effect on July 1. The SCC accepted a plan that will spread the higher costs for fuel over a two-year period instead of the normal one-year recovery period. Ratepayers are not charged the financing costs of spreading […]
Frank Nolen: Let the SCC set rates
Column by Frank Nolen Submit guest columns: freepress2@ntelos.net In 2007 the General Assembly passed legislation that greatly reduced the ability of the State Corporation Commission (SCC) to set just and reasonable electric rates. The result has been a 60 percent increase in the electric rates paid by customers of the Appalachian Power Company and […]
State Corporation Commission joins Electronic Age
Unveils new website to offer electronic filing, payment services Staff Report News tips: freepress2@ntelos.net The State Corporation Commission has unveiled a new website – SCC eFile – the first of several steps to offer electronic filing and payment services for business entity transactions handled by the Clerk’s Office of the Commission. The newly redesigned SCC […]
Dominion Power rates to drop – slightly – effective Jan. 1
Staff Report News Tips: freepress2@ntelos.net Rates for Dominion Virginia Power customers will be reduced on Jan. 1, 2010, in accordance with changes approved by the Virginia State Corporation Commission (SCC). For the typical residential customer who uses 1,000 kilowatt-hours of electricity, the net result is a decrease in the monthly electric bill of 87 […]
Al Weed and Bobbie Joe Gardner: Customer alert on utilities and renewable power
Op-ed by Al Weed and Bobbie Joe Gardner Earlier this year the Virginia General Assembly passed a bill requiring investor owned electric companies to notify their customers about the possibility of buying renewable power. In asking the utilities to do something innovative, the General Assembly has also given the power of choice to the utility […]
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SCC reschedules hearing on high-voltage transmission grid in Fauquier, Prince William
The State Corporation Commission (SCC) has rescheduled a February 4 public hearing in Richmond to convene on April 20 regarding an application by Dominion Virginia Power to upgrade and improve various electric transmission facilities located in Fauquier and Prince William counties.
Posted January 10, 2015