Hashmi Opposes $67 Billion Dominion-NextEra Merger After Statewide Listening Tour
Hashmi cites ratepayer hardship and SCC review concerns as the $67 billion deal would serve 10 million customers across four states.
- On Tuesday, Virginia Lieutenant Governor Ghazala Hashmi announced formal opposition to the proposed $67 billion merger between Dominion Energy and NextEra Energy, citing inadequate ratepayer protections and loss of local utility control.
- Following her five-city 'Energy Costs Listening Tour,' Hashmi released a report documenting constituent fears that the merger could trigger skyrocketing utility bills, which have already increased for households twice this year.
- Hashmi's report argues the merger lacks sufficient safeguards, specifically questioning whether ratepayers will bear costs for data center infrastructure and whether Virginia can maintain autonomy over its electric utility company.
- Dominion Energy defended the merger Tuesday, stating their enhanced Virginia package prioritizes customer benefits, while State Sen. Mike Jones joined Hashmi in opposing the deal, calling promises insufficient for long-term protection.
- The State Corporation Commission has until January 11 to decide whether to approve or reject the acquisition, with additional public hearings scheduled this week in Newport News and Fairfax County.
12 Articles
12 Articles
Hashmi urges rejection of Dominion acquisition - Regional Media News
(The Center Square) - Virginia regulators are being urged to reject NextEra Energy's proposed acquisition of Dominion Energy over concerns about long-term electric bills and customer protections. Lt. Gov. Ghazala Hashmi announced her opposition and released a report documenting five public listening sessions held across [...]
After statewide tour, Hashmi officially opposes Dominion-NextEra merger
The debate over whether Florida-based NextEra Energy should be allowed to acquire Dominion Energy and create the largest regulated utility in the country heated up Oct. 6, with Virginia Lt. Gov. Ghazala Hashmi pledging her opposition to the $67 billion…
Virginia Mercury
Royal ExaminerAfter statewide tour, Virginia Lt. Gov. Hashmi officially opposes Dominion-NextEra merger
The debate over whether Florida-based NextEra Energy should be allowed to acquire Dominion Energy and create the largest regulated utility in the country heated up Tuesday, with Virginia Lt. Gov. Ghazala Hashmi pledging her opposition to the $67 billion merger. She is the first elected official at the statewide level to formally oppose the creation […]
Hashmi opposes $67 billion Dominion-NextEra merger after statewide listening tour
After hearing from hundreds of Virginians on her five-stop Energy Costs Listening Tour, Lt. Gov. Ghazala Hashmi (D) said she opposes NextEra Energy's proposed $67 billion takeover of Dominion Energy, citing concerns about costs and regulatory oversight.
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