Regulators partially deny Dominion request for bill hike
RICHMOND, Va. (AP) — Virginia regulators have rejected Dominion Energy’s request to make its customers pay for long-term upgrades at power plants the company knew had a short working life.
The State Corporation Commission issued a ruling Monday partially denying the state’s largest electric utility’s request to increase customers’ bills to pay for environmental compliance projects at certain power plants.
The SCC said Dominion decided in 2015 to spend $18 million on long-term upgrades at two power stations in Chesterfield County the company expected to retire or retrofit within five years. Dominion permanently retired the two units earlier this year.
Regulators did approve some of Dominion’s other requests. Dominion argued that its total spending was “reasonable and prudent” as required by state law.