Five things to know about the proposed NextEra-Dominion merger - Richmond Times-Dispatch
Article excerpt
Kalahari bets $900 million on a massive Virginia resort; Lonnie Liston Smith remembered; Swift Creek Mill seeks $250,000 to reopen theater Residential ratepayers would see credits on their power bills for twice as long under a series of revisions to NextEra Energy’s bid to acquire Dominion Energy. Lt. Gov. Ghazala Hashmi’s concerns about NextEra Energy’s proposed takeover of Dominion Energy brought her to Richmond, where her statewide listening tour again heard many Virginians oppose the deal. Speaker Don Scott, D-Portsmouth, one of the most powerful, but so far silent, politicians in Virginia has weighed in with sweeping concerns about NextEra Energy’s proposed takeover of Dominion Energy. Fourteen Democratic members of the General Assembly are asking Gov. Abigail Spanberger to call a special session with the aim of extending time timeless for state regulators to review NextEra Energy’s $63 billion acquisition of Dominion Energy, Shannon Taylor, the Democrat challenging Rep. Rob Wittman, R-1st, said she opposes NextEra Energ y’s proposed acquisition of Dominion Energy. State Corporation Commission chair Kelsey Bagot won't recuse herself from considering NextEra Energy's proposed acquisition of Dominion Energy. Dominion Energy is asking for a surcharge that would boost bills by 2% to cover the costs of continuing programs to prevent power outages on its system. The chair...
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Extracted from this sentence
Booming demand for electricity meant Dominion Energy’s Virginia utility revenue rose 30.5% in the first half of 2026, but the price it paid for the fuel and imported electricity rose twice as fast.
