Sweeter Deal: NextEra/Dominion Add Credits, Jobs to Woo Virginia
NextEra Energy and Dominion Energy, which want to combine into the country’s biggest electric utility in a $67 billion deal, launched a full-blown charm offensive (i.e., piles of money) aimed at Virginia yesterday. The two companies unveiled what they call a “transformational” benefits package that doubles bill credits for homeowners (from two years to four), promises 1,000 new direct jobs, and throws in a brand-new office tower in downtown Richmond, paid for by NextEra shareholders. Why all the sweeteners? Because Virginia Gov. Abigail Spanberger says she is “deeply skeptical” the deal is good for her state, and she has formally inserted herself into the regulatory review. Here’s what’s in the new package, how it’s being received, and why it matters to Marcellus/Utica drillers. Read More “Sweeter Deal: NextEra/Dominion Add Credits, Jobs to Woo Virginia”
We told you back in July that the two landowners fighting the 2,180-megawatt (MW) Canadys Station gas-fired power plant in South Carolina’s Lowcountry were teeing up an appeal straight to the state Supreme Court (see 
Last week we told you Dominion Energy cleared its first hurdle for the monster 3,000-megawatt (3 gigawatt) Cumberland Energy Center in Cumberland County, Virginia (see 
Virginia Democrats have spent the summer hammering the proposed $67 billion NextEra-Dominion merger — letters to regulators, a 64-question interrogation, a statewide listening tour, a demand for a special session. Last week the pile-on reached the very top when House Speaker Don Scott (D-Portsmouth) filed his own letter with the State Corporation Commission (SCC). Here’s the twist: the same Democrat leaders doing the loudest complaining just refused to do the one thing that would actually slow this deal down. 
Back in May we told you Dominion Energy had brass you know what announcing a monster 3,000-megawatt (3 gigawatt) gas-fired power plant in Cumberland County, Virginia, while its much smaller Chesterfield peaker project was still stuck in the mud after three years of green lawfare (see 
Dominion Energy reported second-quarter 2026 results on July 31, and while Wall Street focused on the penny-counting, there were three items in the release and on the analyst call that matter to Marcellus/Utica producers, midstreamers, and landowners: two new gas-fired power plants moving into permitting, a merger timeline that’s now locked in at the state level, and a nine-figure write-off on renewable assets that tells you which way the wind is actually blowing. 
Two days ago, we brought you word of a big new gas-fired power plant headed for Dominion Energy’s Mt. Storm complex in Grant County, WV (see 
Back in May we brought you the news that NextEra Energy is buying and merging with Dominion Energy in a deal valued around $66.8 billion (see 
There’s terrific news brewing in Grant County, West Virginia — with an asterisk roughly the size of a cooling tower. Word circulated over the weekend that Dominion Energy plans to build a brand-new natural gas-fired power plant at its Mt. Storm complex, the same site where three coal-fired units have been cranking out electrons since 1965. The key detail: the gas plant would run alongside the coal units, not replace them. That’s more power, not swapped power. We like that math. 
In June, members of the South Carolina Public Service Commission (PSC) approved a revised project proposal to build a 1,020-megawatt (MW) gas-fired power plant in the state’s Lowcountry, in Colleton County (see 
Over the years, we have chronicled the far-left Chesapeake Bay Foundation’s (CBF) lawfare against fracking, gas-fired power plants, and pipelines (
In February 2024, members of the South Carolina Public Service Commission (PSC) approved a proposed project to build a 1,020-megawatt (MW) gas-fired power plant in the state’s Lowcountry, in Colleton County (see 
This is HUGE and breaking news… NextEra Energy and Dominion Energy announced this morning that they will combine in an all-stock transaction, creating the world’s largest regulated electric utility business serving approximately 10 million customer accounts across Florida, Virginia, North Carolina, and South Carolina. The combined entity, operating under the NextEra Energy name, will be over 80% regulated and benefit from enhanced scale, efficiency, and diversified growth. How much is NextEra paying for Dominion?