Administrative Code

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Virginia Administrative Code
Title 20. Public Utilities and Telecommunications
Agency 5. State Corporation Commission
Chapter 320. Regulations Governing Transfer of Transmission Assets to Regional Transmission Entities

20VAC5-320-60. Independent Governance.

A. Section 56-579 of the Act requires RTE policies that are not unduly discriminatory and that are consistent with the orderly development of competition in the Commonwealth.

B. Accordingly, RTEs shall:

1. Be governed independent of competitive interests;

2. Allow their decision-makers full discretion and appropriate incentives to achieve all the policies of this chapter; and

3. Provide for advisory boards with equitable stakeholder representation.

Statutory Authority

§§ 12.1-13 and 56-579 of the Code of Virginia.

Historical Notes

Derived from Volume 16, Issue 24, eff. July 19, 2000.

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