VIRGINIA POWER

SUBMISSION TO JOINT SUBCOMMITTEE
EXAMINING ELECTRIC INDUSTRY RESTRUCTURING

DECEMBER 3, 1998

CROSS REFERENCE TO MODIFIED SB 688 FORMAT

A BILL TO PROVIDE FOR ELECTRIC GENERATION CHOICE & COMPETITION

Senate Bill 688
Virginia Power Bill
§56-576 Short Title-----------
§56-577 Definitions§56-88 amended
§56-232 amended
§56-265.1 amended
§56-578 Applicability; municipalities§56-253.3
§56-579 Schedule for transition to retail competition; Commission authority §56-253.4
§56-580 Nondiscriminatory access to transmission and distribution systems §56-253.4.B
§56-581 Independent System Operator§56-253.4, §56-253.5
§56-582 Regional Power Exchange§56-253.4, §56-253.5
§56-583 Transmission and distribution of electric energy §56-253.5
§56-584 Regulation of rates subject to Commission's jurisdiction §56-253.6
§56-585 Licensure of suppliers of retail electric energy; license suspension or revocation; penalties §56-253.7
§56-586 Suppliers of last resort§56-253.9
§56-587 Voluntary aggregation permitted §56-253.7
§56-588 Metering, billing and other related distribution services §56-253.10
§56-589 Consumer protections and customer services; penalties §56-253.1, 56-253.2
§56-590 Public purpose programs§56-253.1
§56-590.1 Environment§56-253.1.C
§56-590.2 Energy Efficiency§56-253.1.C
§56-590.3 Utility Workers Protection§56-253.1.C
§56-591 Transition Costs and Benefits§56-253.8, §56-253.11
§56-591.1 Stranded Costs§56-253.8, §56-253.11
§56-592 Nonbypassable wires charges§56-253.8
§56-593 Divestiture not required; functional separation §56-253.3, §56-253.4
§56-594 Legislative transition task force established §56-253.1

Miscellaneous Provisions -
New §56-253.12 Transition Regulation
New §56-253.13 Market Power; Atty Gen.; Comm.