Since some Virginia customers can now choose who supplies
their electricity service, Dominion now has separate rate schedule categories:
Bundled Rates and Unbundled
Rates.
The electric service a customer receives is separated by supply
(generation) and delivery (distribution).
Bundled Rate Schedules serve Virginia customers who
purchase both the supply and delivery of their electric service
from Dominion.
Unbundled Rate Schedules serve Virginia customers who
purchase the electricity supply portion of their service from a supplier
other than Dominion. The delivery portion of a customer's electric service
is still regulated so it is still supplied by Dominion. Therefore, Unbundled
Rate Schedules include the charges from Dominion for the delivery of
electricity. They may also include competitive transition charges which allow
Dominion the opportunity to recover past generation investments (i.e., power
plants) made when it expected to serve all customers.