Virginia Energy Industry Licensing

$250

• The commission does not provide applications, instead follow the instructions given in 20 VAC § 5-312-40.
• Virginia also requires applicants to register with the Local Distribution Company where you intend to make a competitive offer.

$250.00

The commission does not provide applications, instead follow the instructions given in 20 VAC § 5-312-40.

• Name and address of all officers
• Physical address and phone number of the main office and any VA business offices
• A list of states in which the business conducts business as an energy broker
• Names of affiliates and subsidiaries 
• Disclosure of any realtionahsip with any Local companies that conduct business in VA
• If an affiliated competitive service provider, a description of internal controls the applicant has designed to ensure that it and its employees, contractors, and agents that are engaged in the (i) merchant, operations, transmission, or reliability functions of the electric generation or natural gas supply systems, or (ii) customer service, sales, marketing, metering, accounting or billing functions, do not receive information from an affiliated local distribution company or from entities that provide similar functions for or on behalf of its affiliated local distribution company or affiliated transmission provider as would give such affiliated competitive service provider an undue advantage over non-affiliated competitive service providers. For purposes of this subdivision, "undue advantage" means an advantage that is reasonably likely to adversely affect the development of effective competition in the Commonwealth.
• Contact Number from the customer service department
• Contact information for the company liaison for the SCC
• Registered Agent Information
• If available the audited balance sheet, forms 10k and 10q
• Proof of a minimum bond rating of BBB
• The name of the local distribution company that is certificated to provide service in the area in which the applicant proposes to provide service, the type of service or services it proposes to provide, and the class of customers to which it proposes to provide such services.
• Disclosure of any (i) civil, criminal, or regulatory sanctions or penalties imposed or in place within the previous five years against the company, any of its affiliates, or any officer, director, partner, or member of an LLC or any of its affiliates, pursuant to any state or federal consumer protection law or regulation; and (ii) felony convictions within the previous five years, which relate to the business of the company or to an affiliate thereof, of any officer, director, partner, or member of an LLC

$100.00

Annually by March 31 except in the year immediately following the license receipt if it occurred after October.