Dominion Energy Seeks Long-Term Plan to Recoup $922 Million Fuel Costs
Dominion Energy asked the Virginia State Corporation Commission to spread about $922 million in fuel costs over a 7- or 10-year plan instead of recovering them in one year. Without the change, bills would rise by about $21 per month; with it, residential customers face about $8 more in the near term. The company cites higher purchased power and gas costs, increased demand, and Winter Storm Fern’s impact.