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Virginia’s Energy Giants Face Merger Scrutiny | Washington DC News
Virginia lawmakers are grappling with a historic $67 billion merger between Dominion Energy and NextEra Energy, which could create the nation’s largest electric utility—serving 10 million customers and managing 110 gigawatts of power. Chair Kelsey Bagot, who once worked as counsel for NextEra, refuses to recuse herself despite past conflicts of interest, arguing her prior role doesn’t disqualify her. Experts warn that promised rate credits may vanish, leaving consumers vulnerable to higher bills, while past failed merger attempts in Hawaii and Texas highlight regulatory skepticism. Rising…
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