Northam Voices "Significant Concerns" on Electric Rate Bills - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Northam Voices "Significant Concerns" on Electric Rate Bills

Posted: Jan 25, 2018 3:41 PM Updated:

RICHMOND, Va. (AP)- Virginia Gov. Ralph Northam says he has "significant concerns" about utility backed legislation that would allow electric monopolies to continue charging rates that currently produce excessive yearly profits of hundreds of millions of dollars.

Northam said Thursday in response to questions from The Associated Press that he wants state regulators to have greater oversight of utilities than what the legislation would allow. The Democratic governor also said he wants Dominion Energy and Appalachian Power to issue bigger refunds to their customers than what's been proposed. Both companies have kept significant overearnings because of a 2015 law.

His comments are the first time the new governor has weighed in on the legislation. Northam is also pressing the legislature to allow Virginia to join the Regional Greenhouse Gas Initiative.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Virginia Budget Plan Benefits Teachers, College Students

    Virginia Budget Plan Benefits Teachers, College Students

    Saturday, February 23 2019 6:40 PM EST2019-02-23 23:40:46 GMT
    Saturday, February 23 2019 6:40 PM EST2019-02-23 23:40:46 GMT
    Virginia lawmakers are unveiling a budget plan that gives increased raises to state workers and public school teachers, freezes tuition increases at state universities and pads Virginia's rainy day accounts.More
    Virginia lawmakers are unveiling a budget plan that gives increased raises to state workers and public school teachers, freezes tuition increases at state universities and pads Virginia's rainy day accounts.More
  • Over a Dozen Fulbright Scholarship Semifinalists From SU

    Over a Dozen Fulbright Scholarship Semifinalists From SU

    Saturday, February 23 2019 4:33 PM EST2019-02-23 21:33:27 GMT
    Saturday, February 23 2019 5:38 PM EST2019-02-23 22:38:22 GMT
    Credit: SUCredit: SU
    Credit: SUCredit: SU
    SALISBURY, Md.- It's an honor that Salisbury University knows all too well. The Fulbright Program is an honor that can change the life of any student who receives it.More
    SALISBURY, Md.- It's an honor that Salisbury University knows all too well. The Fulbright Program is an honor that can change the life of any student who receives it. More
  • Lewes Man Honored During National Engineer Week

    Lewes Man Honored During National Engineer Week

    Saturday, February 23 2019 4:21 PM EST2019-02-23 21:21:38 GMT
    Saturday, February 23 2019 4:39 PM EST2019-02-23 21:39:51 GMT
    Credit: DelDOTCredit: DelDOT
    Credit: DelDOTCredit: DelDOT
    DELAWARE- A Lewes engineer that works at Delaware's Department of Transportation was honored during National Engineers Week.More
    DELAWARE- A Lewes engineer that works at Delaware's Department of Transportation was honored during National Engineers Week.More
Powered by Frankly

All content © Copyright 2000 - 2019 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices