
By Steve Haner
The Virginia General Assembly has approved a long list of bills to reinforce its previous commitment to ending the use of hydrocarbon fuel in Virginia.ย It ignored warnings that natural gas is essential for energy security from the regional electricity marketplace, the Virginian who now chairs the Federal Energy Regulatory Commission and even its own hired expert.
Governor Glenn Youngkin now has the final say and should apply his veto vigorously.
Most of the bills passed on party line votes, with Youngkinโs fellow Republicans opposed, but not all of them. What is true for all is that none of the bills were subject to any formal written analysis of their ratepayer impact from either the State Corporation Commission (SCC) or the newly reconstituted Commission on Electric Utility Regulation (CEUR).
When CEUR was revived by the legislature, one of its promised roles was to provide that impact analysis. Instead, it has become a cheerleader for some of the worst ideas now before the Governor, but no one should be surprised.
For its part, the SCCโs impact statements often focused on its own bills to raise a utility consumption tax by up to $4 million per year to pay for all the staff and outside experts it will need to add. Maybe if the Governor vetoes enough of the bills that add to the SCCโs workload, he can also veto the two bills raising their utility tax.
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