A Virginia investor plans to spend up to $10 million to try to weaken Dominion Energy’s political influence. According to the online Energy Central News, Michael Bills said the state’s largest …
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A Virginia investor plans to spend up to $10 million to try to weaken Dominion Energy’s political influence. According to the online Energy Central News, Michael Bills said the state’s largest electric utility has effectively captured the Virginia General Assembly and is able to write its own laws. Similar complaints have been aimed at SCANA, the holding company that owns SC Electric & Gas and was bought late last year by Dominion of Richmond, VA. Bills said Dominion’s influence has led to higher than necessary electric bills, bad environmental policy and a deep rot in the democratic process. Lexington County ratepayers are among 727,000 who pay the highest rates in the nation. Bills’ group called Clean Virginia plans to spend up to $10 million on lobbying and public relations. It’s an unusually specific enterprise for a political advocacy campaign financed by a wealthy individual. Dominion is a major contributor to politicians in both parties and said it participates in politics on behalf of its 10,000 employees.
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