CO-OPCOMPETITION

Competition

Energy Supply Choice

Historically, utilities have had exclusive rights to serve an area in return for meeting an obligation to provide energy to all consumers in that service territory. They were responsible for building and operating generating stations or contracting with wholesale suppliers to provide enough power to meet the changing needs of their customers, constructing and maintaining transmission and distribution lines to deliver energy from the generating stations and installing and reading meters.

Most people recognized that a regulated utility monopoly could build and operate an electric power system more efficiently. If many electric companies had built their own competing power systems, services would have been unnecessarily duplicated. Our streets and highways, for example, would have become clogged with power lines built by different electric companies. Allowing regulated monopolies to serve the public also helped the United States build the world’s most advanced and reliable electric system. In part, this is because electric utility monopolies have been required by law to maintain the capability to provide power to all of their customers at any time at the flick of a switch.

All utility costs were included in the state-approved rate charged by the utility company. Customers received one bill for the entire package of services. However, changes are occurring in how electricity will be sold.

Since many other monopolies have been deregulated over the past decades, various parties felt it was time for change in the electricity business. Healthy competition among power suppliers may result in lower prices and new, innovative services for many businesses and residences. However, it is important that all competitors are competing on equal terms and that you, the customer, can make an “apples to apples” comparison of their offers.

Competition is designed to increase customer choices and create product and service innovations. Properly done, deregulation can be good for the consumer. However, if done improperly, it could lessen reliability, threaten the environment and harm our economy, while delivering few benefits to customers.


 

Congratulations to Elnora Tompkins who received the 2019 Distinguished Service Award from the Virginia, Maryland & Delaware Association of Electric Cooperatives (VMDAEC) during its 75th Annual Meeting in Williamsburg last month.

A longtime teacher and guidance counselor at A.T. Johnson School in Montross, Mrs. Tompkins served for 32 years on the Northern Neck Electric Cooperative board of directors, including 26 years as secretary-treasurer.

In addition to her co-op service, Mrs. Tompkins, a graduate of Virginia State University, has chaired the board of directors of Rappahannock Community College and the VMDAEC's Communications and Public Relations Committee. She also served on the @wESTWestmoreland County Public Schools Board and her local American Cancer Society chapter, among other civic contributions.

Several of Mrs. Tompkins’ relatives, colleagues and former students (including Delegate Margaret Bevans Ransone) are in this video that was shown during the award ceremony.
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In the August issue of Cooperative Living, we feature the community of Scottsville in our Crossroads section. We highlight Baines Books & Coffee, a place the Scottsville community comes to not only read books and drink coffee but where groups come to meet and talk and hang out or bring their laptop to work.

There are places like Baines Books & Coffee in a lot of our communities across Virginia. Let us know if you have a spot like this that you like to go in the comments below.

#community #coffee #books #meeting #work #smalltown #crossroads #cooperativeliving #scottsville

Baines Books and Coffee Central Virginia Electric Cooperative
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The football season is ramping back up with preseason games already going on. We thought it would be the perfect time to revisit the Commonwealth Kitchen and showcase our tailgating treats column from October 2018.

Our Cooperative Living chef Kara created this video to show us how to make Baked Potato Salad.

For more recipes go to co-opliving.com/food/recipes/ or co-opliving.com/food/commonwealth-kitchen/. You can also submit your favorite recipe and maybe we will include it in an upcoming issue!
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4201 Dominion Blvd.
Glen Allen, Virginia 23060
804-346-3344
www.vmdaec.com
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