VA Power Wrote:
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> Dominion rate adjustment takes effect
> Saturday - 3/31/2012, 9:33am ET
>
http://www.wtop.com/?nid=120&sid=2217835
>
> RICHMOND, Va. (AP) - Dominion Virginia Power
> customers can expect to see a slight increase on
> their next bill.
>
> The utility says an annual rate adjustment to pay
> for power-plant financing costs kicks in April 1.
> The typical bill for customers using 1,000
> kilowatt-hours will increase by 43 cents, to
> $109.90. That's less than a 1 percent increase.
>
> Most of the increase is attributed to the Warren
> County Power Station, a 1,300-megawatt natural
> gas-fired plant that was approved this year by the
> State Corporation Commission and is projected to
> start operating by late 2014.
Starts operating in 2014, but we get to start paying for it now? Wow, I'm excited!
I'd love to hear more about opportunities to pay for something I can't use.