Virginia ratepayers smacked with 50% increase in electricity bills

[rangerrebew]

Virginia ratepayers smacked with 50% increase in electricity bills
By
Kevin Mooney
|
June 3rd, 2025
 
Virginia residents will continue to experience a sharp increase in their electricity bills based mostly on “green” energy mandates in the run up to this year’s gubernatorial race.

Earlier this year, Dominion Energy—the state’s public utility headquartered in Richmond—submitted applications for rate increases to the State Corporation Commission, the state regulatory authority overseeing utilities, that will begin to show up on monthly bills.

After analyzing the applications, Stephen D. Haner, a senior fellow for environment and energy policy at the Thomas Jefferson Institute for Public Policy, identified the Democrats’ 2020 Virginia Clean Economy Act (VCEA) as the major culprit. He’s expecting an almost 50% increase for Virginia ratepayers within the next two years.

https://www.cfact.org/2025/06/03/virginia-ratepayers-smacked-with-50-increase-in-electricity-bills/?utm_source=rss&utm_medium=rss&utm_campaign=virginia-ratepayers-smacked-with-50-increase-in-electricity-bills&utm_source=rss&utm_medium=rss&utm_campaign=virginia-ratepayers-smacked-with-50-increase-in-electricity-bills