Could a $67 Billion Dominion Energy Deal Change Alexandria’s Electric Bills?

A free October 26 webinar will help Alexandria residents understand the proposed Dominion–NextEra merger and speak to Virginia regulators.

Search for Alexandria News Could a $67 Billion Dominion Energy Deal Change Alexandria’s Electric Bills?

Alexandria residents have an opportunity to ask questions and make their voices heard as state regulators review a proposed $67 billion utility acquisition.

Mary Wadland Send an email 14 hours ago 0 2 minutes read Dominion Energy crews work to restore electrical service following storm damage.

Alexandria has formally joined Virginia’s regulatory review of the proposed $66.8 billion Dominion-NextEra merger, with electric rates, reliability and grid resilience among the issues the City says it will watch closely.

Photo: Dominionenergy.org ALEXANDRIA, VA — Alexandria is making sure local residents have a seat at the table as Virginia considers one of the nation’s largest proposed utility deals.

A free public webinar on Monday, October 26, will explain the proposed acquisition of Dominion Energy by NextEra Energy and help customers speak directly to state regulators about their concerns.

Alexandria and Arlington have teamed up to participate formally in the Virginia State Corporation Commission (SCC) review.

Among the issues under examination are electric bills, reliable service, jobs, energy efficiency and the region’s clean-energy future.

Alexandria Gets a Voice “This acquisition would have significant implications for the millions of Virginians who rely on these utilities.

Their needs and interests must remain at the center of this process,” Mayor Alyia Gaskins said in the city’s September announcement.

She said the local governments’ participation allows them to bring community expertise into the review and advocate for Virginia customers.

The companies filed a joint merger petition July 15.

According to the city, the $67 billion transaction would create the world’s largest regulated electric utility, serving approximately 10 million customers in four states, including about 2.7 million Virginia households.

The acquisition is proposed, not approved.

The transaction does not, by itself, establish a new electric rate.

The question before regulators is whether the acquisition serves the public interest, including how it could affect costs, utility investment, reliability and customer protections over time.

Alexandria and Arlington say they want affordable, reliable energy and continued progress on efficiency and cleaner power.