Dominion VA Power Seeks Fuel Rate Hike

Dominion Virginia Power says it's asking state regulators to increase what the utility charges customers to recover its fuel costs for the first time in two years. Full Story
Eaglescout1984

Charlottesville, VA

#1 May 3, 2013
Cue liberal rant about the "greedy" corporations.
Dude

Winchester, VA

#2 May 3, 2013
Eaglescout1984 wrote:
Cue liberal rant about the "greedy" corporations.
They also want to reduce O&M expenses. Ferrel just sent out a letter to all department heads stating that their ultimate responsibility was to the shareholder. Next time your power goes out, S..T..F..U..
huck

Charlottesville, VA

#3 May 3, 2013
Let's see, natural gas is cheap and plentiful....
Lemmy

Charlottesville, VA

#4 May 3, 2013
Eaglescout1984 wrote:
Cue liberal rant about the "greedy" corporations.
Cue whiny fake conservatives who do nothing but bash liberals.
Electrician

Staunton, VA

#5 May 3, 2013
I think it's ridiculous that Dominion has to ask the government how they can price their product. Can you imagine if Food Lion or Chevy or Hardees had to ask the government's permission to adjust their prices?
The government should stay out of it and let the free market dictate the price. If Dominion gets too high people will switch to other forms of energy: propane, natural gas, solar, wind, wood heat, etc. We don't need the government artificially dictating the price of energy.
huck

Charlottesville, VA

#6 May 3, 2013
Electrician wrote:
We don't need the government artificially dictating the price of energy.
it doesn't
Dude

Bumpass, VA

#7 May 3, 2013
Electrician wrote:
I think it's ridiculous that Dominion has to ask the government how they can price their product. Can you imagine if Food Lion or Chevy or Hardees had to ask the government's permission to adjust their prices?
The government should stay out of it and let the free market dictate the price. If Dominion gets too high people will switch to other forms of energy: propane, natural gas, solar, wind, wood heat, etc. We don't need the government artificially dictating the price of energy.
Utilities are unique in that, they use eminent domain to obtain their property. They're a matter of national security, and that it is effectively a monopoly. A good example is the Enron scandal where they were fixing the prices of electricity, causing rolling blackouts in certain areas increasing the cost of electricity to the tune of $1000s/MWh. That is why it is regulated. The cost of alternative sources is an extremely high upfront investment, why do you think that utilities make it so expensive to hook up smart grid technology?
Connie Consumer

Charlottesville, VA

#8 May 3, 2013
~*~*NEWSFLASH---Price of gas is going down!
To the request for a HIKE, I say:
SHUT THE FRONT DOOR

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