Dominion Virginia Power Pushes to Increase Rates

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May 2, 2011

Dominion Virginia Power is asking state regulators for three rate increases to help cover its fuel and transmission costs, and pay for a new power plant.

The Richmond-based energy provider said Monday it filed its requests with the State Corporation Commission.

Dominion is asking regulators to increase the amount it can recover for its fuel costs. Virginia law allows companies to bill customers for the cost of fuel used to generate electricity and the power it buys to serve its customers.

It also is asking regulators to approve a surcharge for the building of its Warren County Power Station near Front Royal and adjustments to help pay for replacing aging equipment and adding new infrastructure.

The company said, in total, the monthly bill for a typical customer would increase $12.76.



 
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