Virginia gets enhanced benefits in proposed NextEra-Dominion merger while SC package remains unchanged
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COLUMBIA, S.C. (WIS) - As regulators review the proposed merger between Dominion Energy and NextEra Energy, critics in South Carolina are questioning why Virginia customers are being offered a significantly enhanced package of benefits while South Carolina customers are not. The proposed $67 billion merger would create the nation's largest regulated electric utility if approved. Opponents of the deal point to Virginia's recent success in securing additional concessions from the companies, including expanded bill credits and low-income assistance funding. According to John Brooker, senior vice president of policy and government relations for Conservation Voters of South Carolina, the difference is clear. "What we're seeing is Virginia getting double the amount of bill credits as South Carolina," Brooker said. Under the enhanced package, Virginia residential customers would receive four years of monthly bill credits instead of the two years originally proposed. The revised offer also includes additional funding for low-income energy assistance and other commitments. South Carolina's proposed benefits package remains unchanged. Critics argue the difference stems from more aggressive involvement by Virginia's elected officials. Virginia Gov. Abigail Spanberger and lawmakers have publicly questioned the merger and pushed for additional concessions, while South Carolina leaders...
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