Showing posts with label electricity deregulation. Show all posts
Showing posts with label electricity deregulation. Show all posts

Thursday, March 15, 2007

Progress On Dominion Re-Regulation Bill Veto

The Washington Post today reports on a number of Virginia organizations that have joined the Curmudgeon in calling on Governor Kaine to veto the hastily passed bill, practically written by Dominion Virginia Power, to re-regulate the electric utility industry in the state.

We're happy to be joined by the likes of the Northern Virginia Regional Commission, Piedmont Environmental Council, the Virginia Citizens Consumer Council and AARP Virginia, among others.

Quote of the day: Republican Delegate Clarke Hogan, who helped draft the Dominion bill, says now is the time to act "versus having this deregulation train running down the tracks at us and having to do something drastic at the last minute."

Let's be clear: the current law doesn't lift regulation until 2010, so we have plenty of time to act. What is inexcusable, is how Dominion, with the legislature's cooperation, rammed this bill through with minimal discussion, i.e., "something drastic at the last minute." So Del. Hogan is correct: the bill should be vetoed to avoid drastic last minute legislation. Following a veto, Dominion and other interested parties can sit down and start working out a more considered bill for the next legislative session.