RICHMOND, Va. - Customers of Dominion Energy Virginia can expect their bills to increase by an average of about 3% annually over the next decade as the company changes its generation mix to comply with new renewable energy mandates.
That's according to a recent regulatory filing from Virginia's largest utility. The document called an integrated resource plan was filed Friday.
It lays out plans for an enormous expansion of renewable energy and energy storage, in order to comply with the Virginia Clean Economy Act lawmakers passed earlier this year.
The IRP is not an official request to build any project or change rates. That would require separate approval from legislators.
Dominion Energy also announced that Virginia customers will see a $6 per month bill reduction starting May 1.
The company said the reduction is due to a drop in the fuel charge, the cost of fuel for power stations.
Dominion added, "The reduction is driven by the outstanding performance of our generation fleet in Virginia, particularly our combined cycle power stations which provided excellent reliability and affordability to our customers while also reducing carbon emissions by displacing coal."
They are also not currently disconnecting service for nonpayment, however Dominion encourages customers to pay bills as they normally would to help avoid a larger balance later.
Energy assistance programs are also available and not limited to low income customers, but anyone facing hardship.