A bad deal for power customers
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State legislators are pushing bills to eliminate costly utility incentives and replace them with rules that could make rate increases more likely.
State legislators are in a rush to pass emergency legislation they claim will save Virginia power customers money. Homeowners who have followed the politics of utility regulation in recent years know they had best grab their parkas and start chopping up the dining room table for firewood because future electric bills are sure to send a shiver up their spines.
January 31, 2013 - 12:13 AM
Help me out here, I do not recall the last time we got a good deal for power customers.
That would be before the 1999 experiment with deregulation.
I was living in Maryland in 1999, and did not pay a lot of attention to the utilities deregulation in Virginia.
What was the regulatory environment in Virginia after utilities deregulation?