Virginia conservation and consumer protection groups on Thursday launched a final push for major changes to the state’s proposed electricity re-regulation, panning the complicated bill as environmentally harmful and a burden to rate-payers.
Commonly referred to as “re-reg,” the bill would end less than a decade of electricity deregulation and remove the ability of most Virginia residents to seek suppliers other than Dominion Virginia Power. It would end a state-mandated rate cap two years early, in 2008, and provide incentives for new plant construction.
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