Anti-Competitive Provision Removed from Virginia BillJuly 6, 2023

On July 1st, Governor Youngkin of Virginia signed the Virginia Electric Utility Regulation Act, HB1770/SB1265. In its initial proposal, HB1770 and SB1265 contained language that would have essentially eliminated retail competition and customer energy choice. If enacted, such an action would have raised electricity costs for Virginians, stifled innovation in the state’s electricity markets, handed […]

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