The House Committee on Labor and Commerce advanced a sweeping slate of labor and energy bills, including a paid family and medical leave insurance program, non-compete and stay-or-pay contract prohibitions, and multiple clean energy measures, while receiving a detailed briefing on the SCC's 2025 Dominion Energy Biennial Rate Review revealing residential ratepayer increases and new cost-allocation rules for hyperscale data centers.
+ 13 more actions
Delegate Shin argued that if large load customers are only obligated to pay 85% of transmission and distribution costs, the remaining delta of potentially up to 15% is inevitably shifted to other ratepayers in the service territory. SCC Deputy Director Brian Pratt responded only that 'That could be possible.'
+ 2 more controversies
“Large load customers will be obligated to take and pay for electric service for at least 14 years. Large load customers without sufficient credit may also be obligated to guarantee funds upfront to cover up to 60% of their minimum charges over the life of their 14 year contract.”
+ 2 more quotes
Subscribe to see all key actions, controversies, quotes, and what's next.
Sign in to subscribeI will now call to order the House Committee on Labor and Commerce. We have more than enough seats, so I'm going to ask for everyone to have a seat. I'll now ask the clerk to open the rolls and take attendance. And I thank you all so much. We're going to begin the meeting at this time and we have a very special presentation from the State Corporation Commission. They're going to discuss the biennial rate review case. You may have seen IT. Case Number Purpose Dash 22500058 State Corporation Commission. Thank you and welcome. Thank you. Good morning or good afternoon. At this point I apologize, Madam Chair, members of the Committee, My name is Brian Pratt. I'm a Deputy Director at the State Corporation Commission here today to provide an overview of Dominion Energy's 2025 Biennial Review proceeding and the specific determinations made made by the Commission that address how data center customers will pay for utility costs. To start, you are currently being provided with a handout that is both front and back, which will highlight key recent and upcoming SCC initiatives addressing data center cost allocation, affordability and reliability topics. I will touch on some…
Subscribe to unlock the full transcript, summary, and search across all Virginia committee hearings.
Sign in to subscribe