I'm glad to discover I'm not the only one who was unable to make sense out of Dominion's explanation of its rate hikes!! I spent a long time reading what they sent last June and finally concluded that they were deliberately trying to confuse their customers. From the Washington Post reports it is clear that there has been an 18 percent hike, but what's going on with the December bills!!
Meanwhile, there are other important numbers that provide some insight into this self-regulated monopoly (I say self-regulated because Dominon calls the shots in Richmond via it's generous campaign contributions!) Here's some other relevant Dominion numbers, Links to the data sources are on my blog
http://changedominion.blogspot.com/
Let's do the numbers!
* Number of people killed in a Virginia apartment fire this month that started when a grandmother resorted to candles for light after Dominion cut off the power because she failed to pay the bill: three, the grandmother and two kids
* Dominion Resources net income in 2008: $2.5 billion
* Amount that Thomas F. Farrell II earned as Dominion Resources president, chairman, and CEO in 2008: $17.83 million
* Thomas F. Farrell's compensation rank among U.S. utility CEOs: Third
* Estimated tons of CO2 emitted by Dominion Resources power plants in 2008: 64 million
* Estimated cost of damage to the planet caused by Dominion's annual CO2 emissions: $4.92 billion (calculated by multiplying Dominion's annual emissions by the Stern Review estimate of the present and future damage caused by a ton of CO2 ($77) including floods, droughts, sea-level rise, declining food production, species extinction, etc.
* Amount Dominion Resources recently donated to food banks in the 14 states where it operates: $1.1 million