Dominion Seeks Fuel Rate Hike for Virginia Customers

By: AP
By: AP

May 3, 2013

RICHMOND, Va. (AP) - Dominion Virginia Power says it's asking state regulators to increase what the utility charges customers to recover its fuel costs for the first time in two years.

The Richmond-based energy provider on Friday asked the State Corporation Commission to increase the fuel rate starting July 1.

If approved, the change would raise the average monthly bill of a typical residential customer using 1,000 kilowatt-hours by $2.36.

Virginia law allows Dominion to bill its customers for the company's cost of the natural gas, coal, uranium and biomass used to generate electricity and the power the utility company buys.

The company says higher fuel costs and increased electricity demand are the primary drivers for its request.

Dominion has about 2.3 million customers in Virginia.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we ask that you follow our rules for commenting. E-mail is required to comment on a story, but it will not be displayed with your comment. For complete rules, CLICK HERE. The Newsplex reserves the right to not post or to remove any comment.
powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 205998051 - newsplex.com/a?a=205998051