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NOTICE TO THE PUBLIC
Pursuant to prior public notice, the State Corporation Commission conducted a public bearing on May 5, 6 and 7, 1975, to receive evidence and information in aid of an investigation by the Commission to determine whether the public interest is served by the use of a fuel adjustment clause by the following utilities: Appalachian Power Company, Delmarva Power and Light Company of Virginia, Potomac Edison Company, Potomac Electric Power Company, Virginia Electric and Power Company, and Old Dominion Power Company. Old Dominion has been dismissed as a party because it does not generate electricity and makes no use of a fuel adjustment clause.
By Order dated February 18, 1976, present fuel adjustment clauses employed by the foregoing utilities are continued in use pending further Commission order.
By the aforesaid Order, of February 18, the Commission proposes certain rules and regulations intended to govern the design and use of all fuel adjustment clauses if such clauses are to be permitted. If ddopted, the rules and regulations would prescribe greater limitations upon costs which may be passed to consumers through a fuel clause; monthly reports will have to be filed by the named utilities giving full details of all fuel purchases, and these companies will be requested to appear before the Commission, in open court, once every three months to answer Commission questions relevant to any and all fuel reports filed the preceedii« quarter. The filed reports and public hearings will serve as part of the Commission’s continuing review of the use of and need for a fuel adjustment clause. Accompanying its Order of February 18, 1976, and of even date therewith, is an Opinion setting forth findings and reasons supporting said Order. Copies of both Opinion and Order may be reviewed at any business office of an electric company named at which customer bills niay be paid. Any interested person who objects to the adoption of the rules and regulations proposed by the Commission for use in governing the future and use of any fuel adjustment clause, may file written objection with the Commission, stating the reason or reasons therefor, on or before April 8, 1976. Objections should be directed to testimony and other evidence of record in this proceeding and mailed to: Fuel Clause Investigation, Case No. 19528, Division of Public Utilities, State Corporation Commission, P.0. Box 1197, Richmond, Virginia 23209.
STATE CORPORATION COMMISSION
68.3%