Electric utilities; retail competition. Authorizes a customer who is a customer of a Phase I Utility that had a typical residential customer bill for a residential customer using 1,000 kWh per month that exceeded 125 percent of the statewide average during the most recent calendar year to purchase electric energy from any supplier of electric energy licensed to sell retail electric energy within the Commonwealth. The bill also decreases the period that such a customer who switches from an investor-owned electric utility to a competing supplier is barred from returning as a customer of its utility from five years to 90 days.

Statutes affected:
Introduced: 56-577