
by Steve Haner
Remember the highly hyped bill at the General Assembly that was going to lower most electric bills by shafting Virginiaโs data center industry? It underwent a late transformation, and the promise of big financial relief is fading. It was always unrealistic.ย
Under a rewritten version of Senate Bill 253, approved as a conference report just before the Assembly adjourned Saturday, Dominion Energy Virginia is still called upon to ask the State Corporation Commission to shift major costs to the largest users. The data centers would be asked to pay 100 percent of the utilityโs purchased capacity costs on the theory they are fully responsible for the utilityโs energy generation shortfalls (which is absurd).
But as the bill passed the Senate weeks ago, that petition was to be filed by July of this year. Now the proposal will become part of the companyโs next general rate review, no earlier than 2027.ย And the conference version adds a declaration that the Commission โmay, in its discretion, approve or deny the Phase II Utility’s proposal in whole or in part.โย
There have been so many examples in recent years of the Assembly restricting the SCCโs authority that the inclusion of that clear โbe our guests and say no to thisโ is noteworthy.
By delaying the issue until the end of the next Dominion rate case, what will have happened before this is decided?ย The 2027 elections for the House of Delegates and State Senate will be over, with Democrats campaigning on the claim that this toothless bill was a great consumer victory. They got the newspaper headlines and X messages they needed from it.ย
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