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1996 SESSION

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SJ 118 Study; development of a competitive electric utility industry.

Introduced by: Jackson E. Reasor, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Study; the role of the General Assembly in the development of a competitive electric utility industry within the Commonwealth. Establishes a joint subcommittee to study the role of the General Assembly in the development of a competitive electric utility industry in the Commonwealth. The study will include an examination of the following issues: (i) the impact of deregulation of electric utility profits on Virginia's electric power consumers; (ii) the impact on Virginia's electric power consumers of allowing electric utilities to negotiate special rates with individual customers; (iii) the impact on Virginia's electric power consumers of authorizing electric utilities to enter into additional lines of business; (iv) the impact on Virginia's electric power consumers of measures restricting municipalization of facilities, equipment, or appurtenances of electric utilities; and (v) changes needed in Virginia's laws governing regulation of electric utilities, to promote competition that will benefit the citizens of the Commonwealth.


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