![]() In Virginia, the State Corporation Commission serves as the public utility commission. If electricity sales exceed a cooperative's costs to purchase/generate electricity, maintain/upgrade transmission infrastructure, and process customer bills, then the customers of the cooperative will get a reimbursement. In cooperatives, customers pay to buy/generate power and build a utility's infrastructure such as power lines. Every voter has equal weight in such elections there are no stockholder shares to be considered when votes are counted.Ĭooperatives are not-for-profit membership organizations. Unlike elections for the boards of investor-owned utilities, customers shape decisions of publicly-owned utilities through elections to city or town councils. Customers who consider the fees to be excessive or wish to redirect policies of the utility can appeal ultimately to elected officials. Publicly-owned utilities are operated as not-for-profit bureaucracies. Typically the fees paid by electricity customers will fund the operating costs of the utility, and repay the initial start-up costs. The government jurisdiction may issue bonds or use revenue from taxes to fund the initial start of a public utility. Publicly-owned utilities are managed by government bodies such as the City of Manassas. State regulatory agencies, such as the State Corporation Commission in Virginia, define the geographic area in which the utility will have a monopoly to provide electricity, minimizing the cost of building the distribution system and avoiding an unsightly tangle of excessive of power lines. Stockholders can shape corporate policy through elections to the company board. Investor-owned utilities sell stock to raise capital, and stockholders typically receive dividends. Investor-owned utilities are private, for-profit businesses. The electricity is sold to commercial, industrial, and residential consumers, plus the Federal government's military installations. Source: Energy Information Administration, Net Generation by State by Type of Producer by Energy Source (2018)Įlectricity in Virginia is generated by investor-owned companies, publicly owned utilities, and cooperatives. In 2018, the top three fuels for generating electricity in Virginia were natural gas, nuclear, and coal Source: US Department of Energy, Virginia Over 50% of electricity in Virginia was generated from natural gas in 2020 ![]() Electricity in Virginia Electricity in Virginia
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