New legislation could shift hundreds of millions of dollars of Virginia’s soaring electricity costs to data centers from the residential customers who are currently on the hook for them.
The measure would cut Dominion Energy residential bills by $5.54 from a benchmark $170 monthly bill for 1,000 kilowatt-hours, an analysis by the State Corporation Commission found. That’s a 3.25% decline.
But it would boost bills under a new rate class for the biggest energy users — basically data centers — by 15%.
Read the full story in the Richmond Times-Dispatch.
