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Sides Debate Utility's Stranded Costs in Virginia.
Byline: Greg Edwards
Nov. 25--Virginia's two largest electric utilities could gain more than $2 billion in benefits from power-industry deregulation, a consultant for big electricity consumers said yesterday.
A representative of Dominion Virginia Power, the state's largest electric utility challenged that report.
It was the featured bout when the General Assembly commission that oversees electric deregulation found itself again wrestling with how to answer a pair of tough questions: how should it calculate a utility's "stranded costs" and why electric competition has failed to develop in Virginia.
Jeff Pollock of the St. Louis consulting …
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