: News

Dominion Va. Power Disputes Report Calling for Rate Cuts

Play associated audio

By Jonathan Wilson

Dominion Virginia Power says it still needs to raise rates, despite a state report that says the company earned $523 million more than necessary last year.

Virginia's largest power company has to a State Corporation Commission staff filing, which also recommended rate cuts for consumers.

The commission reviewed Dominion's earnings as part of its request for the first base rate increase in 17 years. Those rates cover Dominion's operating costs and comprise about two-thirds of customers' bills.

Dominion says an unfairly low rate of return was used when recommending the rate cut.

The SCC recommended a rate of return of 10.2 percent. Last year Dominion earned a 19 percent return. Dominions says the rate should fall between 11.8 percent and 13.6 percent.


'It's A Surviving Tool': 'Native' Tells Satirical Stories Of Life In Israel

NPR's Kelly McEvers talks to author Sayed Kashua, an Israeli-Palestinian whose satirical weekly columns in Haaretz newspaper are collected in his new book called Native.

What The Heck Is Natural Wine? Here's A Taste

Natural wines can be off-putting at first: perhaps darker than usual, a little fizzy or cloudy. Some find them charming, others unsophisticated. Here's a guide to this trending, quirky style of wine.

Jim Gilmore, Who Was Campaigning For President, Isn't Anymore

He had the resume — swing-state governor, veteran, ex-party leader — but there's a good chance you had no idea he was running. Judging by vote totals, Iowa and New Hampshire may have missed it too.

Colonialism Comment Puts Facebook Under Scrutiny

A Facebook board member lambasted a decision by regulators in India, the social network's second-largest market. He thereby sparked new scrutiny of Facebook's intentions in that country.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.