( October 20, 2026, 14:28 GMT | Official Statement) -- MLex Summary: Richard McCann, speaking on behalf of Virginia Governor Abigail Spanberger and Chief Energy Officer Josephus Allmond, told the state utility regulator that it should block NextEra's proposed acquisition of Dominion Energy because its commitments failed to ensure that “just and reasonable rates will not be impaired or jeopardized” and are otherwise in the public interest. "I conclude that the Joint Petitioners, through the commitments made in the Joint Petition and Supplemental Testimony, have not yet met that standard," he told the SCC. He recommended additional ratepayer-related commitments, including a residential rate freeze for six years, a tripling of the ratepayer benefit to $29/month for four years and by increasing the debt share in Dominion’s capital structure from 48 percent to 60 percent to reduce the company’s rate on return.See file attachment. ...
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