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VA Bill Introducing Competition to Large Energy Customers Awaits Gov’s Signature
Category: Virginia
On March 3rd HB921 was signed by the Virginia Senate President and House Speaker and now awaits Governor’s signature or veto.
As reported previously this bill would allow any nonresidential customer with an annual noncoincident peak (NCP) over 5MW in the most recent calendar year to receive service from a third-party supplier. It would remove the requirement that the customer’s NCP not exceeding 1% of its utility’s load unless it was at least 90MW.
The bill would also reduce the required notice to return to utility service from five years to 18 months and set the stay upon return at 12 months.
Read bill text here.
