Roads Diverge

Last night my two electric utility regulatory reform bills were presented to the Commission on Electric Utility Reform.   The Commission meeting began with presentations by the SCC, the Attorney General's Office, Appalachian Power and Dominion before the legislation was presented. Both electric utility companies opposed the legislation and indicated they were satisfied with the current regulations in place.
 
Senator Reynolds and I explained how electric utility rate increases have had a devastating effect on both consumers and businesses in the APCo service area in south side and southwest Virginia.  We then explained how our bills would bring greater oversight of electric utility rates and ultimately reduce the cost of electricity. 
 
Sadly, the Commission voted not to recommend the reform legislation. Despite the Commission’s vote, the bills will still be considered by the House and Senate Commerce and Labor committees for formal action later this month.
 
It is my hope that the House and Senate Commerce and Labor committees will give due time and consideration to both the information provided in the Electric Utility Workgroup Report and the details of the legislation. I hope the Committees will approach this legislation with an open mind and concern for the best interests of the constituents whom they represent.
 
How many hard-working families need to struggle to pay their electric bills before my colleagues in the General Assembly take action?  I came to Richmond to serve my constituents and the people of Virginia. If the General Assembly fails to act, this trend of escalating electric rates will only continue and increasingly place Virginia at an economic disadvantage. There is no doubt that the current law creates an unfair and unnecessary financial burden upon our citizens and businesses across the Virginia.  I will continue to fight for my constituents and the citizens of the Commonwealth for fair electric rates.

                               Sincerely yours,