You should be seeing a rate decrease in your next power bill if your home is serviced by Dominion Energy.
According to a release, residential electric rates dropped effective September 1 for Dominion customers, due to a reduction in transmission-related costs.
“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-related costs. While the company is still upgrading and modernizing its transmission system, transmission-related costs assigned to residential customers declined versus the previous year,” stated a release.
According to Dominion, their customer’s average bill is 6.5% lower than the Virginia average.
A typical Dominion customer will see a decrease of 1.1%, lowering a typical bill from $117.20 to $115.65, according to a release.
“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. We’re proud of our ability to keep rates stable while still providing great service, excellent reliability and increasing our investment in renewable energy,” stated Dominion Vice-President of Customer Service Charlene Whitfield in a release.
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