by Steve Haner

The nonsense that the General Assembly is passing a bill to shift huge energy costs onto data centers and off all the other utility customers is going to be a bipartisan meme.ย A bill that merely punts that issue to the regulatory State Corporation Commission passed on a unanimous State Senate vote. ย ย
Senate Bill 253, which first appeared last week as a last-minute substitute to an unrelated bill, was touted as โLegislation to Cut Electric Ratesโฆโ in a Richmond Times-Dispatch headline. The paper went on to describe the bill as โpromisingโ a three percent rate reduction for residential customers.ย Did either reporter listed in the by-line read the language in question?ย ย
The House companion bill, House Bill 1393, was not approved unanimously. It received nay votes from most House Republicans.ย These bills will be the political fig leaf some legislators will try to hide behind as all the other energy bills they have passed will be raising costs in coming years.
All the relevant enactment clause in the bills does is direct Dominion Energy Virginia, and only Dominion, to โpropose to the State Corporation Commission in a petitionโ (emphasis added) a series of changes in how various major capital costs are allocated by customer class, imposing them in full on the large mega users.ย The SCC, which had already stated it was going to examine those same allocation issues, has full discretion to say no. Look again at the language:
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