2 The Hampton Roads Messenger
Volume 11 Number 12
Why Your Energy Bill Could Decrease Starting September 1st
related costs. While the company is still upgrading and modernizing
its
transmission system, transmission-relat- ed
costs
versus the previous year.
The decrease means Dominion Energy’s typical monthly residential bill is 7.0% below the Virginia average, 15.9% below the national
average,
17.9% below the D.C. regional average and 29.3% below the
Coast average. The
Richmond, Va. – Electric rates
will drop on September 1 for Dominion Energy residential customers, lowering the rates which are already well below state, regional and national averages.
“When it comes to household expenses we know every penny counts, which is why we always strive to provide reliable energy at the best value to our customers,” said Charlene
Whitfield, vice-president of customer service for Dominion Energy. “We’re proud of our ability to keep rates stable while still providing great service, excellent
reliability and increasing
our investment in renewable energy.” The typical 1,000 kilowatt-hour
residential monthly bill will drop by $1.55 starting Friday due largely to a $2.07 reduction in transmission-
rates system,
supporting as
East reduced
rate is the result of adjustments in the portion of customer the
well as
transmission other
bill
modifications approved by the Virginia State Corporation Commission (SCC) effective September 1.
The net impact of the changes for the monthly bill for the typical Dominion Energy residential customer is a decrease of 1.1-percent, lowering
to residential customers
assigned declined
the typical bill from $117.20 to $115.65, thirty cents lower than in February 2015.
Dominion Energy has made
significant investments in renewable energy while keeping customer’s rates stable. In less than three years, the company’s Virginia solar portfolio has grown to 27 projects either currently operational generating
or under development 444 megawatts
of
electricity across the Commonwealth. Dominion Energy’s 2017 Integrated Resource Plan
calls The announced company for adding at
least 5,200 megawatts of solar in the state over the next 25 years to meet customers' energy needs.
the Coastal
also recently Virginia
Offshore Wind initiative, which is the first phase of a plan that could bring more than 2,000 megawatts of wind generated electricity to its Virginia and North Carolina customers.
The transmission rider, which covers the cost of new and upgraded transmission facilities, is decreasing at the same time as two other rate increases are taking effect. Those rate components recover the cost of solar facilities and the natural gas-powered Brunswick Power Station. Base rates, which comprise about 60 percent of a typical residential bill, remain frozen.
More information about the
company's electric rates can be found on the Dominion Energy website.
September 2017
GATHER IN A VENUE WORTHY OF CELEBRATION.
Hampton Coliseum · Virginia Air & Space Center
Hampton Roads Convention Center
· Boo WIlliams Sportsplex 800.487.8778
VisitHampton.com/Meet
· Fort Monroe
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