Dominion Energy seeks charge enhance, cites $142M gas prices | Enterprise

COLUMBIA, S.C. (AP) — Dominion Energy is looking for a charge enhance for its South Carolina clients.

After its annual overview of the prices Dominion incurs transporting and shopping for gas, the corporate mentioned it discovered that it was round $142 million under-collected in gas prices.

Customers this month acquired discover that Dominion had filed for a charge enhance, WIS-TV reported. If the corporate’s gas submitting is accepted as submitted, the month-to-month invoice of a residential buyer utilizing 1,000 kilowatt-hours of electrical energy would enhance by about 5.19%, which is $6.53, starting in May.

Officials say about 20% of what residential clients pay for a kilowatt-hour of electrical energy represents the price of gas used to run the corporate’s energy vegetation.

“Although we have taken steps to minimize this year’s fuel cost adjustment so that customers see the lowest possible impact to their bills, we must recover the costs of purchasing and transporting fuel to produce the electricity our customers rely on every day,” Dominion Media Relations Manager Rhonda O’Banion mentioned. “These fuel costs are a direct pass-through to customers, as Dominion Energy does not earn a profit on this portion of electric rates.”

A gas price listening to is scheduled April 7. Dominion, in an announcement, mentioned a call is anticipated in late April.

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