Washington D.C. – A new report finds that consumers in states with restructured energy markets are better off than states still holding onto the monopoly utility model. States that allow competition are also better positioned to support the transition to clean energy, consumer adoption of electric vehicles and reduce carbon emissions without relying on ratepayer […]
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 […]