Skip to main content
SCC Banner Image
 |   |   |   |     Tyler Building
Skip Navigation Links
News | News Release Contact: Andy Farmer, (804) 371-9141
For Immediate Release: April 19, 2013
Listen speaker image SCC SETS SCHEDULE TO CONSIDER DOMINION VIRGINIA POWER EARNINGS REVIEW

RICHMOND — The State Corporation Commission (SCC) has set the schedule for public participation in a biennial review of the rates, terms and conditions of electric service provided by Dominion Virginia Power, the largest provider of electric service in the Commonwealth. In this proceeding, the company is not requesting an increase in its rates for generation and distribution services.

The Commission will be reviewing the company’s earnings for the years 2011 and 2012 and establish the authorized rate of return on equity for the years 2013 and 2014. The company is currently authorized a return of 10.9 percent. It is requesting an authorized return of 11.5%.

In this proceeding, the company is requesting approval of changes to certain provisions of its terms and conditions for providing service. And, the company is seeking approval of a new line extension plan that would expand the use of underground lines for new services and enhance the opportunity to convert overhead service lines to underground for existing residential customers.

The Commission has set a public hearing for September 17, 2013 to begin at 10 a.m. Persons wishing to comment at the hearing should arrive early and notify the SCC bailiff. Hearings are held in the SCC’s courtroom on the second floor of the Tyler Building, 1300 East Main Street in downtown Richmond.

The SCC will webcast the audio portion of this hearing via the Internet. Instructions for listening to the proceeding can be found on the SCC website at www.scc.virginia.gov/case/.

For persons wishing to submit comments in writing, they must be received on or before September 10, 2013. Written comments may be sent to the Clerk of the State Corporation Commission, Document Control Center, P.O. Box 2118, Richmond, Virginia 23218-2118. Please refer to case number PUE-2013-00020.

Persons desiring to submit comments electronically may do so at the SCC’s website at www.scc.virginia.gov/case/. Click on the PUBLIC COMMENTS/NOTICES link, find the correct case number, and hit the SUBMIT COMMENTS button for that specific case.

###

Case Number PUE-2013-00020