Are there any laws related to the regulation of energy resources?

Yes, Virginia does have laws related to the regulation of energy resources. In the Commonwealth of Virginia, most energy resources are regulated by the Virginia State Corporation Commission (SCC) which oversees utility costs, safety and reliability. The SCC is responsible for the regulation of electric, natural gas, water, and wastewater utilities in the state. The SCC has developed regulations to ensure safe and reliable delivery of energy resources while protecting consumers from unfair prices. The regulations provide incentives to utilities to invest in energy efficient systems, renewable energy sources, and other technological advances. Under these regulations, utilities are also required to provide ratepayers with energy efficiency measures to help conserve energy. The Virginia legislature also has passed laws intended to promote the development of renewable energy resources. These laws include tax incentives for individuals and businesses that invest in renewable energy production. In addition, the legislature has created a Renewable Energy Portfolio Standard, which requires at least 15% of the electricity generated by the state’s utilities to come from renewable sources. The SCC also has authority to promote the development of new energy sources and technologies. In addition to the regulation of existing energy resources, the SCC has oversight of the energy trading markets, energy efficiency technology, energy storage facilities, and electric vehicle charging infrastructure. These efforts help ensure that Virginia continues to have access to clean, reliable, and affordable energy resources.

Are there any laws related to the regulation of energy resources?

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