Virginia has the 10th highest average residential electricity bills in the nation, per the most recent data from the United States Energy Information Administration (EIA).
Section 1 of this report provides a short primer of electric utility law in Virginia. Our goal is to simplify a complicated policy area. The section gives the reader a brief overview of the primary issue at hand: What is the difference between electricity rates versus electricity bills, and why does it matter to the everyday consumer?
Section 2 of this report analyzes Dominion’s potential for energy efficiency savings compared to the averages of what peer states and utilities are already achieving.