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SCC approves Dominion settlement, refunding $330M to customers
9.35% rate of return set, along with $50M in annual rate reductions
The State Corporation Commission approved a settlement with Dominion Energy Virginia in which the Richmond-based utility will refund customers $330 million and reduce rates annually by $50 million, the SCC announced Thursday. For a residential customer using 1,000 kilowatt hours per month, the rate reduction will result in a decrease of about 90 cents per
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Former Deputy Commerce Secretary Angela Navarro to be SCC commissioner
Will fill occupancy left by former chair, Mark Christie
Published
Former Deputy Secretary of Commerce and Trade Angela Navarro will be appointed to fill the State Corporation Commission’s open commissioner slot, Gov. Ralph Northam said Wednesday. An attorney, Navarro is expected to be appointed in early January, the governor said. Although the governor can appoint commissioners, Navarro must be approved by the state Senate and
SCC names head of Va. Health Benefit Exchange
Victoria I. Savoy joins new state-based health insurance exchange
Published
The State Corporation Commission (SCC) announced Monday it has appointed Victoria I. Savoy to direct the Virginia Health Benefit Exchange — a new state-based health insurance exchange for individuals and small businesses set to start later this year. The Virginia Health Benefit Exchange was established by the 2020 Virginia General Assembly to operate as a new
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State extends utility disconnect ban to Aug. 31
Residential, business customers will have extended payment plans with no late fees.
Published
The Virginia State Corporation Commission (SCC) announced Friday it has extended the moratorium on service disconnections for electricity, natural gas, water and sewer utilities customers until Aug. 31. The SCC first ordered a 60-day ban on disconnecting utilities in mid-March for customers who have been unable to pay bills due to the COVID-19 pandemic. It
Jehmal Hudson appointed to State Corporation Commission
First African American named to judicial seat
Published
Jehmal Hudson, who held several roles at the Federal Energy Regulatory Commission and served as a law clerk for then-Sen. Hillary Rodham Clinton, was appointed to the Virginia State Corporation Commission on Tuesday. He is the first African American person named to the judicial seat. An Arlington resident, Hudson previously served as vice president of
State extends ban on utility service disconnects
State Corporation Commission will delay disconnects until June 14.
Published
Due to the ongoing COVID-19 crisis, the Virginia State Corporation Commission has extended the ban on utilities disconnecting electricity, water, sewer and gas services until June 14. “While we fervently wish otherwise … it appears that the devastating economic effects of the COVID-19 pandemic are unlikely to abate significantly” by mid-May, when the order was
SCC rejects large portion of Dominion’s grid upgrade plan
State rejects "proposed heavy costs to customers without adequate benefits."
Published
UPDATED MARCH 27, 10 A.M. The Virginia State Corporation Commission (SCC) on Thursday put the brakes on a major portion of Dominion Energy Inc.’s proposed $7 billion, 10-year plan for electrical grid upgrades, saying it was “due to the projected heavy costs to customers without adequate benefits.” The SCC approved some parts of the plan’s
Oral arguments set for Virginia Credit Union, bank dispute
Community banks oppose VACU's bid to include Medical Society of Virginia members.
Published
Oral arguments are set for Jan. 6 in a dispute between the Virginia Credit Union and seven small community banks and the Virginia Bankers Association (VBA) over the credit union’s offer to include the Medical Society of Virginia’s 10,000 members. A. Ann Berkebile, a senior hearing examiner at the State Corporation Commission, scheduled oral arguments