Virginia SB509 regulates the aggregate demands of nonresidential retail customers and limits total retail load for electric energy purchases.
Virginia SB509 sets conditions for nonresidential retail customers to aggregate their demands for purchasing electric energy. It limits total retail load and requires a five-year notice period for customers to switch suppliers. The bill also mandates that customers continue to pay for non-fuel generation capacity and transmission costs to their incumbent electric utility. Additionally, it allows customers to purchase renewable energy from any licensed supplier and imposes monitoring and reporting obligations on aggregated customers.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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