Annual Survey of Virginia Law: Public Utility Law

This article reviews the significant developments in the area of public utility law between January 1996 and August 1997. The first section covers legislative changes affecting electric, gas, telephone, and other public utilities; the second section reviews administrative action taken by the Virginia State Corporation Commission; and the third section addresses judicial action applied to the regulation of public utilities. The purposes of this article are to.provide Virginia public utility practitioners an overview of the recent developments in public utility law and to explain the impact these developments have upon public utilities operating in Virginia. This article, however, does not discuss or review all new developments related to Virginia public utility law

Stranded Costs: Will They Torpedo Retail Choice in the Electric Industry?

Our speakers have come a long way and we will not allow them to leave without saying something. On our panel today we have Richard La Capra, Founder and Principal of La Capra Associates. He has been involved in major restructuring activity in all six New England states, other parts of the country, and overseas. His biography is contained in your materials. Our second speaker is Philip O\u27Connor. Dr. O\u27Connor is with Coopers & Lybrand Consulting and is a former chair of the Illinois Commerce Commission. He is a nationally recognized expert on the development and implementation of competitive strategies in regulated industries. His biography is also included in your package. We have an additional handout from Dr. O\u27Connor, located at the front of the room. Now, I\u27ll ask Richard to give us no more than a ten minute overview of his position on stranded costs and how that will impact retail competition. Then, we will have Dr. O\u27Connor speak and open up for questions