Gov. Spanberger discusses her latest action in response to proposed Dominion-NextEra merger
Spanberger wants the companies to freeze base rates for six years and expand bill credits as SCC staff urges rejection of the deal.
7 Articles
7 Articles
Governor Abigail Spanberger asked to freeze base light rates for six years and triple credits if Dominion Energy's merger with NextEa is approved, valued at $67 billion. The SCC decides in mid-January.
Spanberger pushes for 6-year rate-hike freeze if Dominion-Next Era merger approved
Virginia Gov. Abigail Spanberger (D) is pushing for a six-year pause on electricity rate hikes in the commonwealth as part of a merger between NextEra Energy and Dominion Energy. Spanberger on Monday filed expert testimony with the State Corporation Commission (SCC), urging it to reject the proposed merger if the two companies do not agree...
A Dominion base rate freeze wouldn’t necessarily freeze your electric bill
Gov. Abigail Spanberger wants Dominion Energy and NextEra Energy to freeze residential base rates for six years as a condition of their proposed $67 billion merger. However, that proposal would not prevent customers’ total electricity bill from still rising — base rates did not increase from 1992 to 2025, but monthly bills rose 65% between 2007 and 2025.
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