State Regulators Approve Electricity, Gas Rate Reductions

Nov. 27, 2013

Customers of Dominion Virginia Power and Columbia Gas of Virginia are getting a break on rates.

According to the Richmond Times-Dispatch, the State Corporation Commission (SCC) approved rate reductions for both utilities on Tuesday.

The SCC approved a cost adjustment for Columbia Gas of Virginia that will lower rates by about 8.2 percent. The decision will save residential customers $10.14 per month.

The SCC also ruled that Dominion Virginia Power must lower its base rate. The decision will reduce the average residential customer's monthly rate by about 11 cents, or $1.32 annually.

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