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2 rate requests for Dominion to be heard in summer

Tuesday - 5/20/2014, 7:14am  ET

RICHMOND, Va. (AP) -- Virginia utility regulators have scheduled hearings on two rate increases proposed by Dominion Virginia Power.

One request before the State Corporation Commission involves a proposed rate adjustment to recover costs for electric transmission service. The proposal would increase a typical residential bill by $1.91 cents a month, or a 1.7 percent increase.

The public can weigh in on that proposal on July 1.

The other rate hearing is scheduled for Aug. 18. It pertains to a fuel rate increase related to Dominion's cost of generating electricity or purchasing power from other producers.

The revised fuel rate would add $4.46 to the typical monthly bill. That's a 4.1 percent increase.


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