Dominion Energy completes Lake Murray Dam restoration project

Dominion Energy customers in Virginia criticized Dominion’s proposed $67B merger with NextEra, saying rate hikes and potential long-term costs could burden households. Dominion also filed for another rate increase, adding about $3.46 per month for grid upgrades and rural broadband. The merger includes $1.8B in bill credits, projected to cut bills about $10 monthly for two years, according to the companies.

Dominion Energy asked Virginia’s State Corporation Commission to recover an additional $922 million in fuel costs over multiple years. SCC staff, in testimony by Carol Myers, said Dominion may have misestimated load growth and that forecasts may not have captured changing dynamics behind recent under-recoveries. Consumer advocates and Del. Irene Shin urged tighter scrutiny of Dominion’s fuel purchasing and planning.

Dominion Energy filed with the North Carolina Utilities Commission to update fuel costs for northeastern NC customers. The company says approval would raise a typical residential bill by about $23.48 per month from Feb. 1, 2027, reflecting higher purchased power and natural gas costs in July 2025-June 2026. It also sought other charges adding about $2.25 monthly, totaling about $25.73. Hearings are planned this fall.

Dominion Energy filed with the North Carolina Utilities Commission to update fuel costs for northeastern North Carolina customers. If approved, a typical residential bill (1,000 kWh) would rise about $23.48 per month from Feb. 1, 2027, plus about $2.25 from other portfolio and program costs, totaling about $25.73. Dominion cites higher purchased power and natural gas costs.

Virginia’s State Corporation Commission is reviewing Dominion Energy’s fuel costs and how to recover deferred fuel spending from customers. Dominion seeks a 3.7648 cents/kWh fuel factor for July 2026-June 2027, already charged interim. Traditional recovery could add about $13/month; securitization options add about $1.75 (10-year) or $2.25 (7-year). Testimony cited higher PJM purchased-power costs and data center load growth; PJM Dominion-zone peak load rose 23% since 2019.

Dominion Energy said it is seeking approval from the North Carolina Utilities Commission to raise monthly charges for North Carolina customers. If approved, a 1,000 kWh user would pay about $23.48 more starting Feb. 1, 2027, with total proposed increases averaging about $25.73 per month, tied to coal ash pond closures and clean energy and efficiency requirements, per the company.