Richmond power bills jump after rate hike and deep freeze

Dominion Energy customers are getting hit with a double whammy in their latest bills: a base rate increase that just went into effect and usage from an extraordinarily cold January.

Why it matters: In some cases, locals’ latest power bills are nearly double, per a torrent of social media posts.

State of play: Last year, the State Corporation Commission OK’d Dominion’s request to increase the company’s base rate for its 2.5 million Virginia customers.

  • The monthly increase would cost “the typical residential customer” around $11.24 a month, the SCC wrote in its decision.

Yes, but: Multiple factors go into what determines a customer’s base rate, Dominion spokesperson Craig Carper tells Axios, including usage, time of year and rate class (residential vs. commercial).

  • Usage here is critical, because the more energy you use, the higher the base rate.
  • Plus, a typical residential customer for Dominion — who would pay $11.24 more, per the SCC — is generally someone in a two-bedroom apartment or a modest one-story home, Carper adds.
  • On top of that, this January was anything but typical.

Threat level: Dominion recorded eight of the 10 highest energy-demand days in its history over the last three weeks, Carper says.

  • And those weeks were “the longest sustained period of cold in our territory since the 1940s,” he adds.
  • All of which adds up to some whopper electric bills for Richmonders.

What they’re saying: “We know it’s hard and people are feeling the pinch. We’re all feeling it,” Carper says.

  • For locals who need help paying their bill, Dominion has a couple of options through its EnergyShare assistance program as well as a budget billing option.
  • And channeling big dad energy, Carper adds some advice: “My No. 1 tip is to turn your thermostat down two degrees below your comfort level — and wear a sweater.”

For locals who use gas heat, the city also has a resource guide for managing high winter heat bills…

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