Virginia’s decision to rejoin a market that requires utilities to pay for the carbon dioxide their plants emit could boost Dominion Energy ratepayers’ bills by 6% to 7.5% next year, a filing at the State Corporation Commission says.
Dominion is asking the SCC to approve a surcharge to cover the $1.18 billion cost of allowances it will have to buy from the Regional Greenhouse Gas Initiative beginning July 1 and continuing through February 2028.
Read the full story in the Richmond Times-Dispatch.
