Va. Regulators Considering Dominion Base Rates


State regulators are weighing a proposal from Dominion Virginia Power to not increase its base rates for its customers for at least two years.

https://www.dom.com/

Sept. 17, 2013

State regulators are weighing a proposal from Dominion Virginia Power to not increase its base rates for its customers for at least two years.

The Virginia State Corporation Commission began a public hearing on Tuesday. Base rates make up about 60 percent of a typical residential bill, and can only be adjusted every two years.

Dominion may still seek increases for cost of fuel, constructing new plants and environmental compliance.

Regulators have until November to decide.


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