A Great Value for Our Customers
Dominion Energy Rates: Well below others
The GTSA provides customers with savings in two ways:
- $200 million in bill credits
- $125 million in ongoing rate reductions
The typical residential customer will receive two one-time credits. The first, of about $24.50, will be credited on July bills and the second, roughly half as large, will be credited in January. Customers will also see their rate cut around $2.50 per month starting in July. As federal tax reform creates extra savings, we will pass all of those savings to our customers.
Dominion Energy’s rates remain significantly lower than regional and national averages.
|D.C. Region||14.2% lower|
|East Coast||22.9% lower|
Improving reliability and innovation
Modernization of the electric grid means fewer outages, faster restoration times, and new tools to allow customers to track and control their energy usage. It also makes it easier and faster for customers to connect to rooftop solar resources. This means improved standards for physical protection of critical infrastructure and cybersecurity to improve network security throughout the grid.
The Atlantic Coast Pipeline, which will extend 600 miles from West Virginia to North Carolina, will improve Virginia’s access to natural gas, making it available as a backup to renewable resources, such as wind and solar. We also plan to open the nation’s largest and most efficient natural gas power station in Greensville County later this year.
Investing in a cleaner energy future
Dominion Energy has the sixth largest solar fleet in the nation. By focusing on clean energy–- solar, wind, natural gas, and nuclear – we are working to lower emissions while protecting our customers’ needs.
As we continue to focus on clean energy, we estimate that over one million customers’ electric needs could be powered with solar energy in the next 15 years. We are also working to improve both the access to and production of natural gas. Natural gas burns cleaner, lowering emissions and improving air quality.
See how we’re investing in clean energy, such as solar, wind, and natural gas.
Providing affordable energy to customers
Dominion Energy works to keep fuel costs low. Even with plans to modernize the grid, our predictions show customers will still receive affordable rates for years to come. Our Rates 101 page provides information about your electric rates and how they are calculated.
Please keep in mind that weather and other factors have an impact on energy bills. If you would like to learn more about ways to save on your monthly bill, please check out these helpful tips.