20VAC5-320-60: Independent governance
Where this section sits in the code
- Title 20. Public Utilities And Telecommunications
- Agency 5. State Corporation Commission
- Chapter 320. Regulations Governing Transfer of Transmission Assets to Regional Transmission Entities
A. Section 56-579 of the Act requires RTE policies that are not unduly discriminatory and that are consistent with the orderly development of competition in the Commonwealth.
B. Accordingly, RTEs shall:
1. Be governed independent of competitive interests;
2. Allow their decision-makers full discretion and appropriate incentives to achieve all the policies of this chapter; and
3. Provide for advisory boards with equitable stakeholder representation.
Collected 2026-09-14T04:53:28Z. Source file · JSON