Virginia governor seeks 6-year rate freeze if Dominion-NextEra merger is approved

T2Covered by 1 source · first reported by Utility Dive / pv magazine / Energy-Storage.news at 20 Oct, 15:32 UTC

Gov. Abigail Spanberger, D, also wants regulators to increase the debt share of Dominion’s capital structure from 48% to 60% to lower its rate of return. Separately, regulatory staff and the attorney general have proposed their own conditions for the deal.