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Dominion Virginia Power Considers Rate Increase

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Dominion Virginia Power wants to increase what it charges customers to recover its fuel costs. But before it's able to do so, regulators want to give the public a chance to weigh in. Dominion officials are holding a public hearing on June 18.

The utility company says higher fuel costs and an increased demand for electricity are the primary reasons it needs to raise rates.

If approved, the change would raise the average monthly bill of a typical residential customer by $2.36, starting July 1. The fuel rate increase would be the first one in two years.

Dominion has about 2.3 million customers in Virginia.


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