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Electric utilities; retail competition; aggregation of load. Provides, for retail competition for the purchase and sale of electric energy, that when two or more individual nonresidential retail customers of electric energy within the Commonwealth petition the State Corporation Commission for permission to aggregate or combine their demands to become qualified to purchase electric energy from a retail supplier, such retail customers shall be able to modify existing site accounts outlined in the petition without penalty or risk of revocation of petition approval, provided the petition continues to adhere to program requirements. Additionally, for a pilot program under which two or more nonresidential customers have filed applications seeking to aggregate their load and purchase electric energy from a supplier, such retail customers shall be able to modify existing site accounts outlined in the petition without penalty or risk of removal from the program, provided the petition continues to adhere to program requirements.
Introduced
Jan 10, 2025
Last Action
Feb 5, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Left in Labor and Commerce
Subcommittee recommends laying on the table (10-Y 0-N)
Fiscal Impact Statement from State Corporation Commission (HB2547)
Assigned L & C sub: Subcommittee #3
Prefiled and ordered printed; Offered 01-08-2025 25102006D
Referred to Committee on Labor and Commerce
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Left in Labor and Commerce
Mike A. Cherry