Tag Archives: Ohio House Speaker Larry Householder
Power Companies Fight For Legislation, With Customers Paying The Price
Across the country, electric utilities have worked the levers of power to win favorable treatment from state policymakers. This week, a Richmond Times-Dispatch and ProPublica investigation found that Dominion Energy, Virginia’s largest public utility, successfully lobbied to reshape a major climate bill to cover its massive offshore wind project. The move shifted risk from the company’s shareholders to its ratepayers. As a result of the legislation, a typical residential customer’s bill is projected to increase by nearly $30 per month over the next decade. Dominion says its wind project is necessary to meet the state’s new renewable energy goals. >click to read< 12:37
