The SCC has struck out again in its effort to re-regulate electricity in Virginia, as this Richmond Times story recounts that Governor Warner joined the legislature in refusing to rebundle rates as proposed by the SCC.
The governor did sign the legislature's new law keeping subsidiaries of American Electric Power and Dominion Power out of a regional power grid. According to the Electricity Consumer Resources Council, the Federal Energy Regulatory Commission must overturn the new Virginia law "to avoid disintegration of the commission's regional transmission organization initiative," as reported here in Forbes.
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