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In 2008, Delmarva Power sold its service area in the Virginia portion of the Delmarva Peninsula, which consisted of 22,000 customers, to A&N Electric Cooperative and Old Dominion Electric Cooperative for $44 million. [2] On April 30, 2014, Exelon announced that it would acquire Pepco Holdings, the parent company of Delmarva Power. The merger ...
Old Dominion Electric Cooperative (ODEC) is an electric generation and transmission cooperative headquartered in Glen Allen, Virginia. ODEC provides wholesale power to its 11 member electric cooperatives in the states of Virginia , Maryland , and Delaware in the United States .
With declining block rates, the per-unit price of utility consumption decreases as the energy consumption increases. Typically a declining block rate is offered only to very large consumers. If conservation is the goal, regulators can promote conservation by letting prices rise. A third possible rate design is a flat rate which charges the same ...
Compared to customer rates at the time of the original hike request in March, it is a net 1% increase. Other adjustments in Dominion’s submission include a one-time bill credit of $7.5 million ...
Dominion Energy announced today that it is applying for a fuel rate increase as a result of higher costs and increasing demand. The first such request in two years, the regulatory request works ...
But a hearing notice from the PSC said the average Dominion customer in South Carolina would actually see an $18.86 monthly increase in electricity bills if approved — a 12.89 percent increase.