AG: utility should cut rates or refund
Dominion Virginia
Power over-earned last year.
The Associated Press
WFLS News
Date published: 11/6/2009
RICHMOND, Va. (AP) - The attorney general's office is asking
Virginia regulators to order the state's largest utility company to
either cut rates or offer customers a refund.
Attorney General Bill Mims' office contends Dominion Virginia
Power should make amends to customers for over-earning last year.
Mims said rates should either be reduced by $238 million or
customers should receive a refund of $153 million.
Dominion Virginia Power has asked the commission for a $250
million rate increase.
The rate case before the State Corporation Commission is the
first under a new Virginia law governing electric utilities.
The utility has 2.3 million customers.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
Date published: 11/6/2009
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