On and after January 1, 2001, if any supplier fails to fulfill an obligation, resulting in the failure of retail electric energy to be delivered into the control area serving the supplier's retail customer, the entity fulfilling the control area function, or, if applicable, the regional transmission entity or other entity as designated by the Commission, shall be responsible for charging the defaulting supplier for the full cost of replacement energy, including the cost of energy, the cost incurred by others as a result of the default, and the assessment of penalties as may be approved either by the Commission, to the extent not precluded by federal law, or by the Federal Energy Regulatory Commission. The Commission, as part of the rules established under § 56-587, shall determine the circumstances under which failures to deliver electricity will result in the revocation of the supplier's license.
1999, c. 411.
Structure Code of Virginia
Title 56 - Public Service Companies
Chapter 23 - Virginia Electric Utility Regulation Act
§ 56-577.1. Electric utilities; retail competition; pilot program
§ 56-578. Nondiscriminatory access to transmission and distribution system
§ 56-579. Regional transmission entities
§ 56-580. Transmission and distribution of electric energy
§ 56-581. Regulation of rates subject to Commission's jurisdiction
§ 56-585.1. Generation, distribution, and transmission rates after capped rates terminate or expire
§ 56-585.1:2. Pilot program for energy assistance and weatherization
§ 56-585.1:3. Pilot programs for community solar development
§ 56-585.1:5. Pilot program for underground transmission lines
§ 56-585.1:6. Pilot Programs to deploy electric power storage batteries
§ 56-585.1:7. Pilot program for electric generation by public schools
§ 56-585.1:8. Pilot program for municipal net energy metering
§ 56-585.1:9. Provision of broadband capacity to unserved areas of the Commonwealth
§ 56-585.1:11. Development of offshore wind capacity
§ 56-585.1:12. Multi-family shared solar program
§ 56-585.1:13. Recovery of costs associated with investment in transportation electification
§ 56-585.3. Regulation of cooperative rates after rate caps
§ 56-585.4. Net energy metering transition provisions for electric cooperatives
§ 56-585.5. Generation of electricity from renewable and zero carbon sources
§ 56-585.6. Universal service fee; Percentage of Income Payment Program and Fund
§ 56-585.7. On-bill tariff program; electric cooperatives
§ 56-586. Emergency service provider
§ 56-586.1. Electric energy emergencies
§ 56-588. Licensing of aggregators
§ 56-589. Municipal and state aggregation
§ 56-589.1. Energy generation by public school buildings and facilities
§ 56-590. Divestiture, functional separation and other corporate relationships
§ 56-591. Application of antitrust laws
§ 56-592. Consumer education and marketing practices
§ 56-592.1. Consumer education program; scope and funding
§ 56-593. Retail customers' private right of action; marketing practices
§ 56-594. Net energy metering provisions
§ 56-594.01. Net energy metering provisions for electric cooperative service territories
§ 56-594.01:1. Local facilities usage charges; electric cooperatives
§ 56-594.1. Interconnection by farms
§ 56-594.2. Small agricultural generators
§ 56-594.3. Shared solar programs
§ 56-596. Consideration of economic development; report
§ 56-596.1. New generating facilities utilizing energy derived from sunlight and from wind; report
§ 56-596.2. Energy efficiency programs; financial assistance for low-income customers
§ 56-596.2:1. Incentives for energy conservation measures and solar energy equipment
§ 56-596.3. Electric generation, transmission, and distribution; report