LIS

Administrative Code

Creating a Report: Check the sections you'd like to appear in the report, then use the "Create Report" button at the bottom of the page to generate your report. Once the report is generated you'll then have the option to download it as a pdf, print or email the report.

Virginia Administrative Code
Title 20. Public Utilities And Telecommunications
Agency 5. State Corporation Commission
Chapter 301. Rules Governing the Use of Bidding Programs to Purchase Electricity from Other Power Suppliers
10/15/2024

20VAC5-301-10. Purpose and scope.

The purpose of these rules is to establish minimum requirements for any electric utility bidding program that is used to purchase electric capacity and energy from other power suppliers. The rules apply to any investor-owned electric utility or cooperative operating in Virginia that chooses to establish a bidding program. Although these rules are equally applicable to cooperatives, the differences between investor-owned electric utilities and cooperatives are recognized. Those differences, including size, needs, control and the relationship with Old Dominion Electric Cooperative for centralized planning and power acquisition functions, can be readily accommodated within the parameters of these rules.

Electric utilities maintain the right to establish a bidding program or secure electric capacity and energy through other means. If a bidding program is developed, the responsibilities of developing requests for proposals, evaluating bids and negotiating and enforcing contracts lies with the utility.

A utility may file for exemptions from any or all of these bidding program requirements. In making its decision regarding exemptions, the Commission will consider the size of the utility's operations in Virginia and the requirements of other regulatory bodies having jurisdiction over the utility.

Statutory Authority

§§ 56-234.3, 56-234.4, 56-235.1 and 56-249 of the Code of Virginia.

Historical Notes

Derived from Case No. PUE900029, eff. November 28, 1990.

Website addresses provided in the Virginia Administrative Code to documents incorporated by reference are for the reader's convenience only, may not necessarily be active or current, and should not be relied upon. To ensure the information incorporated by reference is accurate, the reader is encouraged to use the source document described in the regulation.

As a service to the public, the Virginia Administrative Code is provided online by the Virginia General Assembly. We are unable to answer legal questions or respond to requests for legal advice, including application of law to specific fact. To understand and protect your legal rights, you should consult an attorney.