Dominion Wants 6.9 Percent Rate Hike
AP
Virginia's largest utility wants to add about $7.50 to the average customer's bill.
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RICHMOND, Va. -- Dominion Virginia Power is seeking a 6.9 percent rate increase.
Virginia's largest utility filed its request with the State Corporation Commission on Tuesday. The increase would be phased in over 14 months, eventually adding about $7.54 to the monthly bill of an average customer using 1,000 kilowatt-hours of electricity.
Dominion passed along an 18 percent increase in fuel costs to customers last summer. The utility proposed decreasing the fuel rate by 3.3 percent now that fuel costs have decreased. That rollback is accounted for in the proposed 6.9 percent increase.
Copyright Associated Press
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