>>Dominion Energy Proposed New Rate Increase Due To Rising Costs
(Richmond, VA) -- Virgnians may be paying more as Dominion Energy has proposed new rate increase. Katie Gray reports.Preview: SCRIPT:
The Company says it needs to cover rising costs and investments in infrastructure. The proposed rates, the first since 1992, would result in an $8.51 per month increase in 2026 and a $2 per month increase in 2027 for typical customers. The company aims to continue providing reliable service and clean energy while addressing inflationary pressures. WAVY reports Dominion also plans to introduce a new rate class for high energy users and adjust fuel rates to meet growing power demands in the state.