Tag: Dominion
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A White Elephant, Perhaps. But Not the Ratepayers’ White Elephant.
Actually, ratepayers are not at risk for Charybdis — Dominion shareholders are. The ship was funded by Blue Ocean Energy Marine, a non-regulated utility. Dominion investors have every reason to question the business decision to build the vessel. Ratepayers should focus on the offshore wind farms Dominion is building and wants to build. Ratepayers will…
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Why NextEra Wants to Buy Dominion, What it Gets
by Steve Haner Dominion Energy Virginia and NextEra Energy are expected to file the necessary Virginia application for the sale of Dominion to the Florida company soon, probably in early July. Under present Virginia law, the State Corporation Commission will have six months to say yea or nay. Readers should first understand this is an…
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RGGI Will Cost Typical Dominion Customer $13 More Per Month
By Steve Haner, Dominion Energy Virginia is proposing to delay until March 2027 to bill its customers for the Regional Greenhouse Gas Initiative (RGGI) carbon allowances it must buy starting July 1. When the cost hits, however, it could be $13 a month or $156 per year for a typical residential customer. The final decision…
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Gas Plant Approval’s Appeal Tests VCEA, Environmental Justice Law
by Steve Haner The ongoing fight over the future of natural gas power generation in Virginia has now moved to the Virginia Supreme Court, with environmental activists asking that court to reverse the State Corporation Commission’s (SCC) decision from six months ago approving a new gas project in Chesterfield County. The National Association for…
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Will Dominion Sale Solve Virginia’s Growing Energy Challenges?
by Steve Haner Assuming Dominion Energy Virginia is indeed absorbed into an expanded NextEra Energy, the more things change the more they may stay the same. The average consumer might see no real difference in their service or their cost. This step was probably inevitable. Credit (or blame) the massive electricity demand growth facing Virginia,…
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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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Another SCC Warning That VCEA Will Fail and Cost a Fortune
by Steve Haner The Virginia State Corporation Commission, consisting of three judges all picked by the General Assembly while Democrats were in control, has delivered another stern warning that the Virginia Clean Economy Act is unworkable and will greatly increase electricity costs within Virginia as it reaches failure. Despite the concerns expressed in its 21-page…
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Spanberger’s Rewrite of Energy Bill Challenges Assembly, Dominion
by Steve Haner Governor Abigail Spanberger (D) has proposed that the General Assembly return to the misguided practice of dictating by law a utility profit margin, overturning a bipartisan reform approved just three years ago. It is no different than her effort to end the bipartisan reforms against political gerrymandering and again put politicians in…
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Spanberger Pushing for July Return to RGGI and Its Carbon Tax
by Steve Haner The Abigail Spanberger Administration has told an energy industry publication that it plans to rejoin the Regional Greenhouse Gas Initiative by July, in time to participate in the September and December 2026 carbon dioxide allowance auctions. Because of the accelerated timetable, the Department of Environmental Quality will not publish a draft regulation…
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The Bill Promising “Lower Power Bills” Got Changed on Final Day
by Steve Haner Remember the highly hyped bill at the General Assembly that was going to lower most electric bills by shafting Virginia’s data center industry? It underwent a late transformation, and the promise of big financial relief is fading. It was always unrealistic. Under a rewritten version of Senate Bill 253, approved as a…
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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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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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SCC Rejects Effort to Reverse Its Gas Plant Approval
by Steve Haner The Virginia State Corporation Commission has rejected a petition for reconsideration pushed by opponents of Dominion Energy’s planned Chesterfield natural gas generators. The environmental activist groups could now appeal the SCC’s approval of the plant to the Virginia Supreme Court. The SCC is a court, after all, so its decisions can be…
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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…