Saturday, September 5, 2026
By Outer Banks Voice on August 12, 2026
Dominion Energy has announced that it recently filed a request with the North Carolina Utilities Commission seeking approval to update fuel costs for customers in northeastern North Carolina.
The Dominion announcement stated that “We understand that higher energy bills place additional strain on household budgets, and we do not make this request lightly. To help reduce the impact on customers, we are proposing to spread these fuel costs over two years. If approved, the monthly bill for a typical residential customer using 1,000 kilowatt-hours would increase by approximately $23.48, beginning February 1, 2027.”
Dominion Energy spokesperson Cherise M. Newsome told the Voice the request reflects higher costs for the fuel needed to generate electricity and for the power purchased from the energy market between July 2025 and June 2026. During that period, she added, the cost of purchased power increased nearly 30% compared with the prior year, while natural gas prices rose by more than 15%.
The company also said it filed for a request for approval of costs related to North Carolina’s Clean Energy and Energy Efficiency Portfolio Standard, coal ash pond closures and demand-side management programs. That that would add an additional $2.25 per month to a typical residential customer bill.
Together, the proposals, if approved, would increase a typical residential bill by approximately $25.73 per month.
Back on May 1, Dominion Energy announced it had filed a rate proposal with the North Carolina Utilities Commission that could result in an average $17 monthly increase for residential customers, if approved. The request sought to increase the company’s base rates that are the core costs to provide electric service. The Outer Banks Voice – Dominion Energy seeks rate hike for NC customers
Newsome said the Utilities Commission will host public hearings on that request this fall and then make a decision.
Comments
Tom
Dominion Energy made about $3.0 billion in operating profit/earnings in 2025. Its reported GAAP earnings were about $3.45 per share, and operating earnings totaled roughly $3.0 billion, up from about $2.4 billion in 2024.
Sure……fuel charge
Johnny
What happens after two years of higher payments to pay for the deficit Dominion claims they have for the June 2025 to June 2026 period? Does the additional payment amount go away, or does it become the new base level? And who is responsible for making sure it gets done properly? I’m just trying to understand the process here.
Arthur Pewty
New this was coming with the merger with NextEra Energy.
Should have gone ahead and built those 2 more reactors at Surry while they had the chance.
Windy
Anyone have a cost analysis if the windmill project had not been stopped by the government?
Billy
2026 Q2.
Earnings per share (EPS) was $0.79/share, versus an expectation of $0.68 and versus last year of $0.75. The earnings reflect a year of year (YOY) of 17.8%. These results reflect whatever increase in fuel costs that Dominion actually paid through June.
Very few customers saw their incomes increase by 17.8%. Yet this company has the sheer gall to request customer to pay even more, guaranteed for two years. And this is on top of an existing rate increase requested in May.
When will citizens be protected from these state-authorized monopolies?
Jay
I wonder if our Dare County Commissioners are taking note. The Commissioners are also pushing a sales tax increase. Do they realize all these increases squeeze the citizens that much more? The citizens already pay higher prices on just about everything for living here.
What is going to happen when those being constantly fleeced just run out of money?
Are You Serious?
No! Next agenda item, please.
Roger
Dominion Energy supplies power to data centers in Virginia. 15 were connected last year and 15 more are schedules for this year. Think that has anything to do with rate hike?