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Other adjustments in Dominion’s submission include a one-time bill credit of $7.5 million funded by shareholders that would be applied this year for residential and small general service customers.
The South Carolina Legislature shelved a massive energy bill this week, but electric rates for Dominion’s 800,000 customers in SC may still soar.
In 2017, Dominion Resources rebranded itself to Dominion Energy, following with a new logo. [25] In January 2018, Reuters reported that Dominion Energy would be buying SCANA Corporation for $7.9 billion.; [26] the acquisition was completed in January 2019. [27] In the summer of 2018, Dominion Energy launched a "grid transformation program."
NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity (24 GW of which were from fossil fuel sources [2]), revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. [3][2] It is the world's largest electric utility holding company by market capitalization, with a valuation ...
In 2021, Dominion Energy settled with the state tax agency on unpaid taxes owed due to the unfinished nuclear project at a cost of $165 million. As part of that settlement, the State and Dominion Energy agreed that Dominion would offset approximately a third of the unpaid taxes by turning over more than 2,900 acres of land which will ultimately ...
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In September 2018, in order to sustain the project, Georgia Power agreed to pay an additional proportion of the costs of the smaller project partners if completion costs exceeded $9.2 billion. [ 10 ] In 2019, Georgia Power's CEO, Paul Bowers, testified before state regulators seeking to get an approval for the company's request to add about ...
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