Dominion Energy now projects Virginia power bills will jump from $180 to $258 a month by 2036.
This comes as they are now lobbying to merge with NextEra.
Swamp Watch / Topics / Energy, utilities, and data centers
TopicEnergy, utilities, and data centers
Utilities are regulated monopolies: state regulators decide what they can charge and which mergers they can make, and those regulators are often appointed by the lawmakers utilities fund. The rapid growth of data centers has raised the stakes, because new power plants and transmission lines are paid for, in part, by ordinary customers.
Swamp Watch tracks utility political spending, the proposed NextEra takeover of Dominion Energy, and the data center money flowing to candidates in both parties.
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Trump's super PAC is attacking Democrats for being "open" to data centers.
Trump calls data centers "Money Machines."
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Dominion Energy wants its shareholders to keep all $12.5 billion of NextEra's takeover premium.
Virginia customers, whose power bills built that value, get none of it.
NextEra agreed to a $150 million settlement over its alleged political misconduct in Florida.
Now it wants to take over Virginia's Dominion Energy.
Larry Ellison's trust gave $1 million to the super PAC backing GOP Sen. Darline Graham.
She now says we must accelerate data center construction to beat China.
Byron Donalds has been boosted by over $6 million from data center interests.
That includes Florida's power companies, Meta, and Google.
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Dominion Energy wants to more than double its gas power, mostly to serve data centers.
Virginia customers would pay for the plants and the fuel.
A 150-page memo on NextEra's alleged political misconduct is sealed in its Dominion deal.
Only select people can read it, in person, with no notes allowed.
The Virginia SCC chair ruling on NextEra's $67B Dominion merger is a former NextEra lawyer.
She says she sees no reason to recuse herself.
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NextEra Energy just got EXPOSED for donating millions to Trump's ballroom.
They are currently seeking approval for a $67B merger.
Dominion Energy funneled over $6 million into Virginia politics this year while chasing their $67B merger.
Virginia lawmakers appoint the regulators who will approve or deny it.
Republican Gov. Jeff Landry took $25,000 from the Trump sons' bitcoin partner firm.
Landry then joined Don Jr. at an event for the company's $10 billion data center.
A Trump CFTC official ordered staff to kill an insider trading referral on Iran war oil bets.
Billions of dollars in bets were placed 15 minutes before Trump's Truth Social post.
Trump's ambassador Kimberly Guilfoyle flew to Davos on a Greek oil tycoon's private jet.
She pushed European governments to buy billions in gas through his company.
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Trump BOUGHT up to $5 million in Chevron stock 7 days before announcing his Venezuela oil deal.
Chevron is included in the deal.
Sourcecnbc.comWe could not capture a preview of this page. The link opens the original.
GOP Sen. Alan Armstrong is pushing a bill wanted by the pipeline company he used to run.
That company could still pay him up to $32.5 million in stock awards.
Kushner and Witkoff offered Putin a Lukoil sale to investors tied to their own businesses.
They pitched the $20 billion deal before any ceasefire.
Trump envoy Jared Kushner held talks with Putin's envoy on a U.S. buy-in to Nord Stream.
The Russian gas pipelines are under U.S. and EU sanctions.
GOP Sen. Roger Marshall took nearly $100K from fertilizer companies accused of price-fixing.
He says Kansas farmers face a fertilizer market "working against them."
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