Tue, Sep 15

NEWS: NextEra and Dominion hear the mega-merger pushback—and have offered a benefits package to address the cost-shifting concerns.

  • 🎁 What’s in it: The package would 1) extend $10/month residential bill credits from two to four years 2) increase low-income financial assistance by $100M through 2038 and 3) ensure that customers “will not pay one cent” for the merger.

  • Plus, a generation and jobs boost: The companies also promised to help  “accelerate” VA’s generation buildout. 

  • The main message: “Dominion Energy Virginia will remain locally led, separately regulated and accountable to the State Corporation Commission,” Robert Blue, CEO of Dominion Energy, wrote in a statement. 

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