Dominion fuel case puts focus on customer bills

(The Center Square) – A typical Dominion Energy residential customer is already paying about $8 more per month for fuel, and another roughly $13 could be added depending on how Virginia regulators decide the utility should recover deferred fuel costs.

The State Corporation Commission spent two days considering Dominion’s fuel costs and how the company should recover money it has already spent but has not yet collected from customers.

Dominion is asking the commission to approve a fuel factor of 3.7648 cents per kilowatt-hour for the July 2026 through June 2027 fuel year. That rate is already being charged on an interim basis.

The larger question is how Dominion should recover its deferred fuel costs.

Recovering the money through the traditional fuel factor could add roughly another $13 per month to a typical residential bill.

Dominion has also asked to recover the costs through securitization, which would spread payments over several years and reduce the immediate impact on monthly bills.

A 10-ye...