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Virginia Regulators Cut Dominion Rate Hike, Create New Class for Data‑Center Users

Regulators aim to shield households by shifting more costs to big power users through a new rate class.

Overview

  • The State Corporation Commission approved smaller increases that add about $11 to a typical monthly electric bill starting in 2026.
  • The ruling reduces Dominion Energy’s original request by more than 23% compared with what the company sought.
  • The decision establishes a separate rate category for large electricity customers, such as data centers, to carry a greater share of system costs.
  • Customers are expected to pay roughly $11.24 more per month in 2026 with an additional increase of about $2.36 in 2027 under the approved plan.
  • Dominion attributes the hikes to fuel costs and infrastructure upgrades, while households and small businesses report strain from rising utility bills.