RICHMOND — The State Corporation Commission (SCC) will conduct a public hearing on November 19, 2012, to receive public testimony on proposed rules and regulations that the SCC should consider when determining whether a positive or negative performance incentive should be applied to an investor-owned electric utility.

The Code of Virginia authorizes the SCC to increase or decrease a utility’s combined rate of return on common equity by up to 100 basis points (or a one percent return on equity) for superior or inferior performance when providing regulated electric service in Virginia.

A public hearing is scheduled on Monday, November 19, 2012, at 10 a.m. It will be held in the Commission’s second floor courtroom located in the Tyler Building at 1300 East Main Street in downtown Richmond. Any person wishing to comment at the hearing should arrive early and sign in with the SCC bailiff.

Written comments on the proposed rules must be submitted by November 9, 2012. All correspondence should be sent to the Clerk of the State Corporation Commission, Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118, and refer to case number PUE-2012-00021.

Interested persons desiring to submit comments electronically may do so at the SCC’s website: www.scc.virginia.gov/case. Click on the PUBLIC COMMENTS/NOTICES link and then the SUBMIT COMMENTS button for case number PUE-2012-00021.

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Case Number PUE-2012-00021