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Electric News Releases
June 9, 2000
Virginia Power Hosts Supplier Forum For "Project Current
Choice"
RICHMOND, Va. -- Virginia Power, a subsidiary of Dominion
(NYSE: D), will host a forum next week to inform potential competitive electricity
suppliers how they can participate in Project Current Choice, the company's
retail access pilot program.
The forum is scheduled for June 15 from 9 a.m. till 4 p.m.
at the Virginia Power Innsbrook
Technical Center, 5000 Dominion Boulevard, Glen Allen, Va. The forum is
free of charge.
"We are encouraging as many suppliers as possible to
participate in our pilot," said Edgar M. Roach Jr., Virginia Power chief
executive officer. "This forum is presented at this time because we believe
it is extremely important for competitive electricity suppliers to have all
the information they need to get licensed and participate in Project Current
Choice."
The forum will provide an overview of a number of issues,
including the pilot's size and scope, supplier registration, billing, electronic
data interchange, load profiling, forecasting, scheduling and settlement. It
will include several breakout sessions on some of the key topics.
Under Project Current Choice, about 35,500 Virginia Power
customers in the city of Richmond, the town of Ashland and the counties of Chesterfield,
Hanover and Henrico can sign up with a new electricity supplier. Energy delivery
to these customers can begin as early as September.
Virginia Power has conducted a comprehensive consumer education
campaign that includes radio, television, newspapers, billboards, movie screens,
Internet banners and metro traffic and National Public Radio sponsorships. A
Project Current Choice direct mail piece was sent this week to all 340,000 Virginia
Power customers in the pilot area. Later this month, each customer also will
receive a bill insert.
In the fall, Project Current Choice will expand to Fairfax
County, the city of Fairfax and the towns of Clifton, Herndon, Vienna and Reston.
The projected date for the start of competitive electricity supply in the Fairfax
area is January 2001. At that point, another 35,500 Virginia Power customers
will be able to participate.
Also, the company expects as many as 80 large commercial
and industrial customers throughout Virginia Power's service territory to participate
in the pilot. If fully subscribed, Project Current Choice would be one of the
largest electricity pilots conducted in the United States, with more than 70,000
customers representing about 400 megawatts of load.
Interested suppliers can register for the forum by writing
to: Virginia Power, Supplier Relations, P.O. Box 26666, Richmond, Va., 23261;
sending an e-mail to Supplier_Services@dom.com;
or calling (804) 755-5040.
Virginia Power is the principal subsidiary of Dominion, the
nation's largest fully integrated energy company with 4 million customers in
five states. For more information on Dominion, visit the company on the Internet
at www.dom.com.
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