Tag: Affordability
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Assembly To Data Centers: “Here’s Your Hat, There’s the Door”
by Steve Haner The energy regulatory provisions buried in the final conference report on Virginia’s 2026-2028 budget, approved by the General Assembly Monday, are as complex and detailed as any of the energy bills reviewed earlier during the regular session. They are also just as damaging. The data center industry was a particular target. The…
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Rebating Spanberger’s RGGI Tax Won’t Erase RGGI’s Cost Impact
by Steve Haner Virginia’s return to the Regional Greenhouse Gas Initiative (RGGI) will produce such an explosion of new tax revenue and will cause such major increases in consumer electricity costs, a political feeding frenzy is beginning to erupt over the money. A legislative study panel heavily controlled by Democrats who voted for Virginia’s return to RGGI…
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Dominion’s Fantasy PIPP Application Should Be Rejected or Resubmitted
by Steve Haner Dominion Energy Virginia has asked the State Corporation Commission (SCC) to allow it to begin collecting the cost of a low-income energy subsidy program, adding a small monthly charge to all its customers. The application should immediately be dismissed because it fails to recognize how the 2026 General Assembly expanded the program.…
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Fuel Price Spike Hits Your Dominion Bill Next. Pow!
by Steve Haner The typical Dominion Energy Virginia electric bill could rise another $22 this summer to cover the rising cost of the fuel it uses and the cost of its purchased power, according to the company’s latest filing on its fuel charge with the State Corporation Commission. The utility’s costs of fuel and purchased…
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With Virginia Back In, RGGI Futures Price Tops $41 Per Ton
by Steve Haner Virginia’s impending return to the Regional Greenhouse Gas Initiative (RGGI) has driven up the price for carbon credits in the multistate cap-and-trade system’s secondary market. The futures price exceeded $41 per ton this morning, far above the roughly $25 per ton that utilities had to pay in the March 2026 auction. It reflects…
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Public Union Bills Causing Angst Among Local Democratic Officials
by Steve Haner Legislation to expand the potential for union contracts to cover most local and state employees is on the verge of approval if Democrats in the House of Delegates and Senate can reconcile two versions of the bill. They might also have to reconcile with locally elected Democratic officials. Many of them have…
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The $4 to $5 Billion in Tax Hikes the Assembly is Approving
by Steve Haner The tax increase proposals still pending at the 2026 General Assembly will extract another $4 to $5 billion annually from Virginians if enacted, shared between the state and the local governments. The Democrats in political control have taken a bow for producing competing budget proposals that are not dependent on major…
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Expanded PIPP Pulls $360 Million from Power Bill Piggy Bank
by Steve Haner The expansion of an existing state electricity-bill subsidy program under legislation pending at the 2026 General Assembly could add up to $360 million to the annual cost during its first full year of implementation. The Department of Planning and Budget (DPB) has produced a detailed fiscal impact analysis for House Bill 884,…
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Cost of Undergrounding Program is Mostly Profit to Lenders, Stockholders
by Steve Haner Dominion Energy Virginia’s ongoing program to place selected neighborhood service lines underground, spreading the bill for the upgrades onto all its 2.7 million customers, will cost another $3.8 billion if the General Assembly blesses its extension for another ten years. Of that, about $1.6 billion is the cost of the construction work…
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The General Assembly’s 22.5% “Labor Tax” Gamble
by Derrick A. Max As the Virginia General Assembly enters the final weeks of its 2026 session, a wave of new labor mandates is about to reach the Governor’s desk, two of which she has promised to sign, and one she seems inclined to support as well. House Bill 5 (Paid Sick Leave), Senate Bill 2 (Paid Family…
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No, RTD, That Bill Does Not Cut Future Electric Rates
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. A bill that merely punts that issue to the regulatory State Corporation Commission passed on a unanimous State Senate vote. …
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They Think Your Electric Bill is Just a Piggy Bank to Raid
by Steve Haner Key energy legislation poised to pass the 2026 General Assembly will increase your future electricity bills, not lower them. The bills will worsen price increases already caused by the Virginia Clean Economy Act, which passed the last time Virginia was under one-party control. As the Assembly crosses its first deadline, with…
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Several Senate GOP Bills Seek to Amend or Repeal Clean Economy Act
By Steve Haner, Several legislative attempts to either repeal outright or reduce the cost impact of the Virginia Clean Economy Act (VCEA) will have their fifteen seconds in the sun later today. Their chances of surviving until sundown are slim. The various bills, all with Republican sponsors, are set to be discussed in the Virginia…
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Taxing Everything That Moves
Leaf blowers, guns, dog walking, dry cleaning—full government control means everything gets taxed in Democrats’ Virginia. by Jacob Grandstaff It’s a truism that when Democrats gain a trifecta—full control of a state’s executive and legislative branches—they tend to tax every human activity. Virginia Democrats are aiming to exceed the stereotype by taxing animal activity, too.…
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Assembly, Dominion Seek to Bill Data Centers for Rising Energy Costs
by Steve Haner Virginia’s major data centers could pay more for electricity and other customers less under a surprise legislative substitute that appeared in email inboxes Sunday and was rapidly approved Monday by a major Virginia Senate committee. The proposal is politically attractive, already being touted a major consumer rate cut, but the detailed accounting…