Tag: Dominion
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Excess Profits Squeezed Out From Dominion Rates
By Steve Haner The long struggle to prevent Dominion Energy Virginia from earning excess profits in its base rates year after year appears to be over and consumers finally won. That is the main takeaway as the first general review of its base rates since the 2023 regulatory re-write is moving toward a quick settlement.…
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Dominion Wind May Be Sued, Hikes Customer Bills
by Steve Haner Two national activist groups on energy and environmental issues, both with connections to Virginia, have taken the first legal steps to challenge the recent federal approvals for Virginia’s planned offshore wind complex. Most of what follows is directly from their announcement dated November 14. The Heartland Institute and the Committee for a Constructive…
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Dominion, Clean VA Spend $23M Buying Influence
By Steve Haner Dominion Energy Virginia has increased its donations to Virginia state politicians six-fold in just four years. The other major donors in the energy regulation arena, Clean Virginia Fund and its founder, have done much the same. They are donating five times more in the 2023 election cycle than they did in the…
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SCC Approves Paying Extra for Fuel As “Relief”
by Steve Haner The Virginia State Corporation Commission has approved Dominion Energy Virginia’s request to stretch out the back payments on $1.3 billion in old fuel bills from previous years over more than seven years. While the ultimate dollar cost to customers is millions higher because of interest charges, even the SCC news release touted…
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Dominion’s Wind Project Wins Federal Approval
The Biden Administration’s Bureau of Ocean Energy Management (BOEM) has issued final approval for the construction of Dominion Energy Virginia’s Coastal Virginia Offshore Wind project. Here is the release. A few more steps remain and should be completed by late January, according to BOEM. The announcement, fully expected since all previous U.S. projects have been…
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Why are the Poor Still Paying for Dominion Wind?
by Steve Haner Virginia’s new electricity bill subsidy program for customers of Dominion Energy Virginia has cleared its final hurdle at the State Corporation Commission and will begin enrolling participants in time for this coming winter. It is largely following the schedule previously outlined. In a final order issued October 13, the Commission set the…
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Did Assembly Trim Dominion Bills $7-$14? No.
by Steve Haner When the Virginia General Assembly passed a complicated electricity regulation change a few months ago, the Richmond Times-Dispatch parroted as fact this Dominion Energy Virginia claim in a front-page paragraph: The compromise on electric bills — in legislation that passed nearly unanimously — would bring an immediate $6 to $7 cut in…
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TJI To SCC: Keep Dominion Gas Plants
The following has been submitted to the State Corporation Commission via the public comment portal it has established for Dominion Energy Virginia’s pending 2023 Integrated Resource Plan. It was drafted by Thomas Jefferson Institute for Public Policy Senior Fellow Stephen D. Haner. Dominion Energy Virginia is acting reasonably and prudently by planning to maintain most…
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Politicians Back Interest-Heavy Fuel Debt Payoff
By Steve Haner Several Virginia legislators have encouraged the State Corporation Commission to allow Dominion Energy Virginia to convert a $1.3 billion unpaid fuel debt into a ten-year revenue stream for the utility, adding up to $370 million in additional costs onto its customers. The SCC will open a hearing Tuesday on the utility’s pending…
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Dominion Plan to Maintain Gas Attacked at SCC
By Steve Haner First published this morning by the Thomas Jefferson Institute for Public Policy. The front line in the war against fossil fuels in Virginia has now shifted back to the State Corporation Commission, and as usual only one side has fielded an army and brought heavy weapons to the battlefield. Those who might…
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NJ Democrats Tacking Away from Wind Power
by Steve Haner First published this morning by the Thomas Jefferson Institute for Public Policy. Virginia is one of only two states that hold their major legislative elections this odd-numbered year, with the other being New Jersey. In New Jersey, the state’s offshore wind aspirations have become a major political issue, with even Democrats now…
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Dominion “Bill Relief” Disappears September 1
By Steve Haner Homeowners willing to cut back power usage when Dominion Energy Virginia asks them could earn rebates of up to $28 a year. So reports the Richmond Times-Dispatch, citing yet another final order from the State Corporation Commission. The Richmond paper is always bringing us such great news about the folks at the…
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Why Dominion Stays Calm in Wind Industry Storm
By Steve Haner First published by Thomas Jefferson Institute for Public Policy. There is some overlap with a post from last week by another author, but with a slightly different focus. With growing turmoil in the offshore wind industry finally being reported, it would be nice to turn the clock back a year and revisit…
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Dominion Hides Huge Offshore Wind Cost-Risk
by David Wojik The offshore wind industry is suffering a runaway cost crisis, but Dominion Energy says the cost of its monster project will not go up. Apparently, there is not even a risk of it going up. This preposterous claim is worth exploring. On the crisis side, I recently wrote about it in general…
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One Hand Applauds for Dominion “Bill Relief”
by Steve Haner Dominion Energy Virginia’s customers still owe it $1.26 billion for fuel they have already used, as of the end of June. The utility is going to give us either seven or ten years to pay off that debt, but at a total cost of over $1.54 billion if we take seven years…