Residential electricity rates in Virginia are expected to rise for the second consecutive year starting next year, further increasing the burden on residents.
According to local media outlet ABC7 News, the Virginia Public Service Commission (SCC) recently partially approved a base rate increase proposed by electric utility Dominion Energy, allowing for two consecutive rate increases in 2026 and 2027. According to the SCC, the average residential electricity bill will increase by $11.24 per month in 2026 and $2.36 per month in 2027.
These increases will generate additional revenue for Dominion Energy of $565.7 million next year and $209.9 million in 2027.