Cuccinelli: Virginia Utility Law Costing Customers Too Much | WAMU 88.5 - American University Radio

WAMU 88.5 : Morning Edition

Filed Under:

Cuccinelli: Virginia Utility Law Costing Customers Too Much

Play associated audio

Virginia's utility regulation law could be costing the state's energy customers more than necessary, according to a report by Virginia Attorney General Ken Cuccinelli

Customers of Virginia's two largest electric companies will pay over $1 billion more than necessary for new power plants and renewable energy programs under the 2007 law, the report finds. Cuccinelli's report says bonuses called "adders" allowed under the law cost customers of Dominion Virginia Power and Appalachian Power far too much for the benefits they produce. 

The adders allow utilities a higher potential profit for meeting renewable energy goals and building new electric generation facilities. The utilities dispute the claims.

NPR

Rod McKuen, The Cheeseburger To Poetry's Haute Cuisine

Poet Rod McKuen was loved by millions but mocked by literary critics. He died this week at age 81.
NPR

Shake Shack Sizzles With IPO As McDonald's Fizzles

Shares of the burger chain shot up Friday, its first trading day. Shake Shack and other fast-casual joints are taking a bite out of McDonald's, which can't recast itself to fit the current trend.
NPR

What Romney's Retreat Means For GOP Hopefuls

NPR's Scott Simon speaks with senior Washington editor Ron Elving about the narrowing Republican presidential field for 2016 and what we've seen so far in the first month of the new Congress.
NPR

Media Outlets Partner With Snapchat To Appeal To Younger Users

As people disappear from the audiences of conventional news organizations, 11 media outlets have partnered with Snapchat in the U.S. to offer its younger users easily digested fare within the app.

Leave a Comment

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