Rochester,NY 8/22/2009 1:14:31 AM
Dominion Resources, Inc. D, Dominion’s electric utility rate set to expire
Dominion Resources, Inc.
Virginia General Assembly back to its 10-year-long experiment with electric deregulation, lobbyists for Dominion Resources ensure that re-regulation in Virginia would be on the company’s terms. With Dominion’s electric utility rate set to expire, those terms are about to be made known.
The bottom line is, consumers in Virginia can expect that rates are going to steadily increase for the foreseeable future, says Irene Leech, president of the grassroots Virginia Citizens Consumer Council. There basically are really no limits on what that will be for consumers.
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