Printer-Friendly Pages print  Email This Article to a Friend email  Share share

EXECUTIVE BRANCH

AG: ENERGY LAW COSTS VA. POWER, APCO CUSTOMERS $1 BILLION-PLUS TOO MUCH

By PETER BACQUÉ
Richmond Times-Dispatch 11/29/2012 (Metered Paywall - 20 articles a month)

The customers of Virginia’s two largest electric companies will pay over $1 billion more than necessary for new power plants and renewable energy programs under the state’s utility regulation law, according to a report by Attorney General Ken Cuccinelli. Bonuses, called “adders,” allowed by Virginia’s electric utility law cost customers of Dominion Virginia Power and Appalachian Power far too much for the benefits they produce, Cuccinelli said.

VaNews Friday, November 30, 2012

Top 10 Most Viewed Articles