HB 2547

Abstract

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.

A BILL to amend and reenact §§ 56-577 and 56-577.1 of the Code of Virginia, relating to electric utilities; retail competition; aggregation of load.