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What is Virginia Energy Choice?
Virginia Energy Choice is the Commonwealth's effort to introduce
Virginians to the new way they will be purchasing electricity.
Currently, one utility company has the exclusive right to provide
all components of electric service - generation/supply,
transmission and distribution - within a specific geographic area
in Virginia.
In the future, many different companies (
"Competitive Service Providers" or "CSPs") will compete to
be a customer's energy provider, thus allowing customers to shop
for energy service.
Customer choice for electricity suppliers in Virginia began to
be phased in over a three-year period beginning January 1, 2002.
Shenandoah Valley Electric plans to offer retail access no later
than April 1, 2003. All consumers in Virginia will be able to
choose their electric energy provider by January 1, 2004.
What exactly will you be choosing?
You will be able to choose the company that generates, produces,
or contracts the energy you need. The delivery of the
electricity will remain regulated. The Cooperative will continue
to deliver the electricity, maintain the lines to their homes
and businesses, read the meter, and perform billing services to
those individuals within its current service area.
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