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Rate freeze should mean relief on electric bills

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Source: The Charlotte Gazette

Families across Southside Virginia are watching every dollar. Between groceries, insurance and electricity, too many people are paying more while being told that government policies will somehow make life more affordable. That is why Gov. Abigail Spanberger’s proposal to freeze Dominion’s residential base rates deserves a closer look. As part of the proposed Dominion–NextEra merger, the governor is seeking a six-year base-rate freeze and increased monthly customer credits. I believe Gov. Spanberger wants credit for freezing Dominion’s base rate. That rate went 33 years without an increase, until the State Corporation Commission approved an increase in a 2025 filing. I contend what’s been driving your bill up is the Democratic mandates stacked on top of it, and her freeze doesn’t touch them. I support efforts to deliver meaningful savings. But Virginians deserve to understand exactly what this proposal would and would not do. Freezing the base rate does not freeze your bill.

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Read the original at The Charlotte Gazette

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