State Corporation Commission

Steve Helber / AP

 

 

Dominion is asking state regulators for permission to make more money. Members of the State Corporation Commission heard the case in Richmond Tuesday. 

Mark Turnauckas, Creative Commons

Virginia regulators have denied Walmart's request to buy electricity generated by someone other than the state's two largest electric monopolies, setting up a potential legislative brawl between heavyweight business interests.

SCC

The State Corporation Commission or SCC is supposed to make sure electric rates charged by utilities are fair and reasonable. Last month it held hearings on Dominion’s plans to supply power for the next 15 years.  The company offered five different scenarios, combining various amounts of nuclear energy, gas, solar and wind power. Whichever one Dominion  settles on, some experts say customers will be paying more.