Virginia Regulators Set an Example for Ratepayer Accountability0

• ENERGY & ENVIRONMENT, Governing Bodies / Agencies
• August 11, 2022

Last Friday, the Virginia State Corporation Commission (SCC)—a regulatory agency that, among other things, oversees the state’s utilities—imposed a strict performance standard that carries financial consequences if a proposed offshore wind project from the state’s largest utility fails to perform. This is a huge win for ratepayer accountability, and it has real implications for customers