Democrats, Who Promised To Revisit Electric Industry Structure, Win Control Of Both Virginia Houses
November 06,2019
Democrats won majorities in both of Virginia's legislative houses in Tuesday's state election. The sitting governor is also a Democrat
Numerous Democrats ran against Dominion's influence in state politics.
As previously reported, Virginia Delegate Mark L. Keam (D-Fairfax) told The Washington Post earlier this year that he would like to "revisit" the "whole area" of electric industry regulation if Democrats win a legislative majority in both houses this fall
"There’s absolutely an appetite for it. Whatever changes we make really have to be about offering more [consumer] choices," Keam told the Post in June
While energy will undoubtedly by at the forefront of the upcoming legislative session, it remains to be seen if individual retail electric choice will find an audience, as opposed to issues such as clean energy (apart from customer choice), utility returns & investments, oversight, etc.
The Virginia Energy Reform Coalition issued the following statement concerning the election results
VERC Statement:
“We congratulate all the candidates for the Virginia General Assembly who inspired voters in the Commonwealth and secured the trust of the people in their districts to win election this week. With that honor now comes the responsibility to act in the public trust for all Virginians, and paramount to that is replacing the current monopoly structure that electric utilities have abused for too long with one that is fair for families and businesses.
“The members of the Virginia Energy Reform Coalition stand ready and willing to work with each and every one of our lawmakers to establish an electricity system that increases competition for energy providers, lowers electric bills for consumers, protects the environment, empowers communities and customers, and provides reliable electricity 24/7 through innovative regulatory approaches and technology.”
Coalition members are promoting reforms that, among other things:
• Establish a well-designed, competitive retail electricity market
• Implement performance-based regulation
• Establish a low-income bill assistance and weatherization program
• Implement an “all-cost-effective” energy efficiency standard
• Ensure additional consumer protections and education