Connect with us

Virginia

Dominion vows $2B in customer payouts, mostly for Virginia, if merger passes regulators

Published

on

Dominion vows B in customer payouts, mostly for Virginia, if merger passes regulators


A proposed $67 billion merger between Florida-based NextEra Energy and Dominion Energy could reshape the utility landscape in Virginia and affect what customers pay on their power bills.

NextEra Energy has agreed to acquire Dominion Energy in a deal that would create the largest regulated utility company in the country. The merger would require state approval before it could move forward.

Dominion Energy says the merger will put more money in customers’ pockets. The company has promised to distribute more than $2 billion to customers within two years after the merger is complete, with 80% of that money going to customers in Virginia.

Dominion Energy describes the deal as a move focused on “growth, scale, and affordability.” A spokesperson for the company said the merger would “strengthen our ability to meet this historic demand.”

Advertisement

Virginia Tech public policy professor David Bieri said that demand is being driven by data centers. Bieri said, “Part of the reason why the acquisition is happening is because it gives NextEra access to the honey pot or profit areas.”

Dominion Energy serves much of Southside Virginia, including the Halifax, South Boston, Chatham and Gretna areas, and also covers parts of Concord, Appomattox, Altavista and Lexington.

Sen. Mark Peake, R-District 8, represents some of those areas in the Virginia Senate. ABC13 asked whether he believes the merger will be good for his constituents.

Peake said, “Well, I hope I will say the one thing that I’ve heard is that my understanding is that there will be a rebate to Dominion customers, which should be an amount equal to offset the RGGI charges that the Spanberger administration has hit Dominion, well, all customers with.”

But Peake also said he is not happy that NextEra is an outside state company and wants to keep power company’s operating locally.

Advertisement

SEE ALSO: Local leaders approve $100B AI data campus in Pittsylvania County amid citizen concerns

While Dominion Energy said, “The merger won’t impact how we operate in Virginia or how we serve our customers. We’ll continue operating as Dominion Energy Virginia, and our customers will continue receiving the same service, from the same team, in the same way they always have. We’ll remain headquartered in Richmond with the same utility leadership. So lots of continuity.”

Before any merger benefits could reach customers, the deal would need approval from regulators, including Virginia’s State Corporation Commission and the Federal Energy Regulatory Commission.

Delegate Madison Whittle, who represents parts of Pittsylvania County and Halifax County, said, “There are already projections that ‘rates will go down’ and that ‘rates will go up.’ I do not think there is enough public information at this point to determine either. While the companies have suggested a $2.25 Billion package of ‘bill credits’ spread over 2 years among Virginia, North Carolina, and South Carolina, regulators must look at total overall cost to customers. For us, it will be important to look to the Virginia State Corporation Commission. The State Corporation Commission (SCC) will continue to regulate Dominion Energy’s rates, infrastructure, and operations in the state if it combines with NextEra. State utility regulation remains mandatory, and the SCC must approve the merger itself before it can be finalized.”

Bieri cautioned that the merger is not guaranteed. “This is the intent to merge that is very important, it is not a done deal because the most important thing is that this deal needs to be approved by a variety of federal and state regulators,” he said. Bieri added, “The government can say ‘no,’ as is often the case for a variety of anti-trust and other reasons.”

Advertisement



Source link

Virginia

Pete Eshelman appointed to Virginia Tourism Authority by Gov. Spanberger

Published

on

Pete Eshelman appointed to Virginia Tourism Authority by Gov. Spanberger


As Roanoke hosts the USA Cycling Mountain Bike National Championships this week, one of the region’s leading advocates for outdoor recreation is taking on a new role at the state level.

Gov. Abigail Spanberger has appointed Pete Eshelman to the Virginia Tourism Authority, marking his second term on the board after previously serving from 2018 to 2023.

For the past 15 years, Eshelman has helped lead the Roanoke Regional Partnership and the Roanoke Outside Foundation, promoting outdoor recreation as an economic development strategy. He said the region’s mountains, rivers and trails have become more than tourism assets; they have become tools for attracting businesses and new residents.

“We took for granted where we live—the beauty, the lakes, the mountains, the rivers, the trails—and we treated them like wallpaper,” Eshelman said. “But then we became intentional with them.”

Advertisement

Eshelman said investing in quality of life has helped distinguish the Roanoke Valley from competing communities.

“I always say quality of life is an economic sector,” he said. “When we invest in that, we see how it attracts companies like RINGANA. We see how it attracts people that can choose wherever they want to move to and live, but they’re choosing to move here over Asheville, North Carolina or Charlottesville because of that quality of life.”

That strategy has helped shape events including the Blue Ridge Marathon, GO Outside Festival and continued investments in parks, trails and outdoor recreation throughout the region.

“It’s not that Roanoke had a bad image; we just didn’t have an image,” Eshelman said. “What we’ve been able to do is show people these are our strengths as a community.”

Now, Eshelman hopes to bring that same approach to communities across Virginia through his appointment to the Virginia Tourism Authority.

Advertisement

“It’s really important that as decisions and policy decisions are being made at the state level that Roanoke has a voice and a say,” said Eshelman. ”I am very proud to do that.”

Eshelman believes the model that has helped transform Roanoke’s reputation can be replicated elsewhere.

“The work we’re doing here, this model, is replicable across other communities,” he said. “I think that whole ‘rising tides lift all ships’ mentality is really strong across economic development, across tourism, across our region and across the state.”

Despite Roanoke’s growing national recognition as an outdoor destination, Eshelman said the work is far from finished.

“We haven’t arrived,” he said. “We have a lot more that we can do. We have to put our foot down on the gas and do even more to kind of keep this competitive edge.”

Advertisement

As communities across the country compete for businesses, workers and visitors, Eshelman said he believes Roanoke’s greatest advantage has been in its own backyard all along.

Copyright 2026 by WSLS 10 – All rights reserved.



Source link

Continue Reading

Virginia

Study: VA the fourth most ‘retirement-friendly’ state

Published

on

Study: VA the fourth most ‘retirement-friendly’ state


PORTSMOUTH, Va. (WAVY) – A new study ranks Virginia fourth among the best states for retirees.

The study by home care agency Polaris Home Care analyzed social and economic factors, including crime rates, annual medical costs, housing costs, and state salaries. This analysis revealed an index score out of 100 for every state based on retirement accessibility.

Virginia received a score of 87.48/100.

Virginia performs well across key factors, notably benefitting from one of the highest average annual earnings of $68,597.

Advertisement

The agency says the state has one of the lowest violent crime rates at 208 incidents per 100,000 people and a total crime rate around 24% lower than the national average at 1,850.7 incidents per 100,000 population, highlighting the above-average safety levels offered in the state.

Idaho ranks as the most retirement-friendly state, with Arizona and North Dakota coming in second and third, respectively.

Complete rankings:

Rank  State  Retirement Index Score (/100) 
Idaho  100.00 
Arizona  90.67 
North Dakota  90.48 
Virginia  87.48 
Alabama  86.34 
Wyoming  84.42 
Florida  83.77 
Mississippi  83.56 
Minnesota  82.98 
10  Michigan  82.88 
11  North Carolina  82.50 
12  Kentucky  81.84 
13  Utah  81.74 
14  Nevada  81.67 
15  Rhode Island  81.36 
16  West Virginia  81.24 
17  Wisconsin  78.93 
18  New York  78.16 
19  Hawaii  77.83 
20  South Dakota  76.52 
21  Colorado  76.12 
22  Connecticut  75.82 
23  Maryland  74.96 
24  Washington  74.74 
25  Indiana  74.32 
26  Pennsylvania  73.93 
27  Tennessee  73.73 
28  Massachusetts  73.23 
29  Maine  73.13 
30  Iowa  73.07 
31  Delaware  70.50 
32  Arkansas  70.20 
33  Vermont  69.22 
34  South Carolina  68.94 
35  New Mexico  68.43 
36  Oklahoma  68.38 
37  Montana  68.20 
38  New Hampshire  67.28 
39  Ohio  66.60 
40  Georgia  66.35 
41  Kansas  64.41 
42  New Jersey  63.38 
43  California  63.26 
44  Oregon  62.86 
45  Illinois  62.64 
46  Louisiana  61.55 
47  Nebraska  61.52 
48  Texas  53.49 
49  Missouri  49.69 
50  Alaska  41.44 



Source link

Advertisement
Continue Reading

Virginia

Virginia Lottery Pick 3 Night, Pick 3 Day results for July 12, 2026

Published

on

Virginia Lottery Pick 3 Night, Pick 3 Day results for July 12, 2026


play

The Virginia Lottery offers multiple draw games for those aiming to win big.

Advertisement

Here’s a look at July 12, 2026, results for each game:

Pick 3

DAY drawing at 1:59 p.m. NIGHT drawing at 11 p.m. each day.

Night: 5-4-0, FB: 7

Day: 9-9-3, FB: 7

Check Pick 3 payouts and previous drawings here.

Advertisement

Pick 4

DAY drawing at 1:59 p.m. NIGHT drawing at 11 p.m. each day.

Night: 5-5-6-7, FB: 8

Day: 1-2-8-1, FB: 5

Check Pick 4 payouts and previous drawings here.

Pick 5

DAY drawing at 1:59 p.m. NIGHT drawing at 11 p.m. each day.

Advertisement

Night: 0-4-1-7-3, FB: 9

Day: 6-8-2-8-6, FB: 1

Check Pick 5 payouts and previous drawings here.

Cash Pop

Drawing times: Coffee Break 9 a.m.; Lunch Break 12 p.m.; Rush Hour 5 p.m.; Prime Time 9 p.m.; After Hours 11:59 p.m.

Coffee Break: 11

Advertisement

After Hours: 04

Prime Time: 02

Rush Hour: 07

Lunch Break: 03

Check Cash Pop payouts and previous drawings here.

Advertisement

Cash 5

Drawing every day at 11 p.m.

01-12-26-39-43

Check Cash 5 payouts and previous drawings here.

Millionaire for Life

Drawing everyday at 11:15 p.m.

12-21-39-46-48, Bonus: 02

Advertisement

Check Millionaire for Life payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

This results page was generated automatically using information from TinBu and a template written and reviewed by a Center for Community Journalism (CCJ) editor. You can send feedback using this form.



Source link

Advertisement
Continue Reading
Advertisement

Trending