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A new law that "re-regulates" Virginia's retail electricity industry includes a provision for the state's electricity customers to have a 100% renewable energy purchase option available to them by the end of 2008. If a utility chooses not to offer a program, its customers will be permitted to purchase green power from any licensed retail supplier. The bill also includes goals for the state's utilities to supply a percentage of their electricity sales from renewable energy sources. The renewable portfolio standard (RPS) goal schedule is 4% in 2010, 7% in 2016, and 12% in 2022.
More Information - Virginia Senate Bill 1416
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