Residents
and Commercial businesses located in Virginia
now have the option of entering into the Deregulated
Electric Market
What we can do for you:
- We provide our service
to you at no cost
- We help you craft the
best contract terms and conditions which will maximize
your savings and give you more flexibility
- We evaluate the available
Retail Electricity Providers, determine which best
suits your individual needs, and negotiate the best
price and contract terms for your business.
- Save time by outsourcing
energy procurement task.
- Quickly transition you
from higher priced standard offer to lowest cost
provider.
Learn
More...
History of Deregulation
in Virginia
11/01: The phase-in
of retail access in Virginia was issued by the SCC earlier
this year. As of January 1, 2002, all customers of AEP-Virginia,
Allegheny Power (Potomac Edison), and Conectiv (Delmarva
Power), as well as residential customers of Dominion
Virginia Power (DVP) in Northeren Virginia and 1/3 of
DVP's non-residential load throughout its service territory,
will receive retail access to competitive electricity
suppliers. On September 1, 2002, DVP's residential customers
in Central Virginia and another 1/3 of its non-residential
load will have retail access. On January 1, 2003, DVP's
customers in Eastern/Tidewater Virgina and the remaining
1/3 of non-residential customers will receive retail
access. On January 1, 2004, Kentucky Utilities (Old
Dominion Power Company) and the 13 electric cooperatives'
customers will receive retail access.
8/00: The State Corporation
Commission (SCC) has approved Rappahannock Electric
Cooperative's plans for a pilot program. The program
will allow 900 customers to choose an alternative power
supplier beginning January 1, 2001.
7/00: AEP will begin
its pilot program by offering about 8,000 customers
retail choice by October 1, 2000. Another 8,000 AEP
customers will be added on March 1, 2000. The SCC will
establish a "price to compare" by considering
the prices at 5 nearby trading hubs and calculating
an average of the prices at the two hubs with the highest
prices.
7/00: Phase I of Virginia
Power's pilot program, Project Current Choice, has begun
enrolling volunteers in the City of Richmond and Hanover,
Henrico, and Chesterfield counties, and the Town of
Ashland. Plan A of the pilot includes over 35,000 small
consumers, residential and churchs/synogogues in the
above areas. Larger commercial and industrial consumers
statewide are included in Plan B, which will allow over
250 million kilowatthours of power to be supplied by
alternative suppliers. Pilot participants should begin
receiving power from alternative suppliers by September
1, 2000. Phase II will enroll small and residential
consumers in several Northern Virginia locations. Phase
II participants are scheduled to begin volunteering
in October 2000 and receive power from alternative providers
by January 2001. Phase-in of the entire State is scheduled
to begin by January 2002.
3/99: SB 1269, The
Virginia Electric Utility Restructuring Act, will allow
retail direct access beginning on and after January
1, 2002. The SCC will establish a phase-in schedule
for customers by class. All customers will have direct
access by January 1, 2004.
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