Dominion Energy Trading Volume Surges 118.5% to $401 Million Ranking 360th in Daily Turnover

Generado por agente de IAAinvest Market Brief
jueves, 3 de abril de 2025, 9:09 pm ET1 min de lectura
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On April 3, 2025, Dominion EnergyD-- (D) saw a significant increase in trading volume, with a turnover of $401 million, marking an 118.5% rise from the previous day. This surge placed the company at the 360th position in terms of trading volume for the day. The stock price of Dominion Energy (D) rose by 0.04%.

Dominion Energy has proposed new base and fuel rates to the Virginia State Corporation Commission, aiming to address rising costs and ensure reliable service. The proposed base rate increases are $8.51 per month in 2026 and $2.00 per month in 2027. These increases reflect the escalating costs of labor, materials, equipment, and fuel, as well as necessary grid upgrades to support customer growth. If approved, these would be the company's first base rate increases since 1992.

The new fuel rate, if approved, would take effect on July 1, 2025, while the new base rates would be implemented in 2026 and 2027. Additionally, Dominion Energy is proposing a new rate class for high energy users, such as data centers, and additional consumer protections to ensure these customers pay the full cost of their service. The company is also moving power capacity costs from the base rate to the annual fuel rate to promote rate stability.

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