News

Actions

Lower electric rates for Dominion customers begin July 1

Posted at 1:26 PM, Jul 01, 2016
and last updated 2016-07-01 13:26:59-04

NORFOLK, Va. – Dominion Virginia Power customers will soon be paying less thanks to new lower fuel charges that started July 1.

The reduction is primarily due to savings achieved by Dominion through lower fuel prices, milder weather and efficient power station operations.

Dominion says for typical customers who uses 1,000 kilowatt-hours a month, the reduction will be about $4.35 or about 3.8 percent lower.

Dominion applied with the Virginia State Corporation Commission earlier this year, and on May 17 the Commission ordered the new rate to go into effect July 1 on an interim basis until a final order is reached later this year after hearings.

For more information and to view charts that compare rates for residential, commercial and industrial customer, visit www.dom.com/varates.