Dominion Virginia Power’s bid to raise utility costs to bankroll a scaled-back $140 million plan to bury its most vulnerable power lines faced skepticism Tuesday from state regulators who last year deemed the utility’s original $263 million plan too expensive.
The State Corporation Commission heard Dominion’s second proposal during a hearing Tuesday at the commission’s headquarters in downtown Richmond and will issue a ruling in the coming weeks.
The plan has support from — among others — the Virginia Chamber of Commerce, a fire chief and customers whose lines have already been buried.
