The 2007 General Assembly passed legislation (Senate Bill 1416 and House Bill 3068) re-establishing retail rate regulation for most of the electricity customers in the Commonwealth..
Electricity customers with annual demands greater than five megawatts will continue to have the option to shop for competitive electricity supply. In addition, retail customers may purchase electricity supply from 100 percent renewable sources from competitive suppliers if their local utility company does not include renewable energy as a source of generation.
The
2007 legislation continued
the policy to allow retail
customers of Virginia's two
largest gas companies, Columbia
Gas of Virginia and Washington
Gas Light, to select other
companies to provide their
natural gas supply service.
Information
that summarizes the history
of utility industry restructuring
in Virginia as well as the
changes enacted by the 2007
General Assembly related to
utility regulation can be
found on the State Corporation
Commission website under Utility
Regulation.
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