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Dominion agrees with SC regulators on lower rate increase – Valley Stream, New York

Valley Stream, New York 2021-07-03 13:39:13 –

Columbia, South Carolina (AP) — Dominion Energy has agreed with South Carolina regulators to raise much lower electricity prices and promised not to raise them for two years, except in an unexpected economic disaster. did.

Dominion raises South Carolina residential customers by 1.46% and regular customers by about $ 1.81 per month. The original Virginia-based utility demanded an increase of about 7.7%.

The agreement with the South Carolina Regulatory Staff Office also requires Dominion not to seek another tax increase until July 2023, unless there are unusual economic conditions that may include changes in corporate tax rates. ..

Dominion agrees with SC regulators on lower rate increase Source link Dominion agrees with SC regulators on lower rate increase

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