RICHMOND, Va. (AP) - Customers of Virginia's largest electric utility will see a short-term reduction in their bills and could see noticeable savings in other areas under legislation advancing through the General Assembly.
But Dominion Energy customers also could eventually see new charges of $120 a year or even more to pay for burying power lines, new grid upgrades and new wind and solar projects.
If the legislation passes, Dominion says the typical residential customer paying about $116 a month would see their bills drop by $6 in the short term because of rebates of $200 million and new savings from recent federal tax cuts. New spending on renewables and energy efficiency could also decrease what customers pay each month.
Lawmakers are set to vote on the legislation next week.
