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Home – Virginia Politics & News – Lawmakers Weigh Dominion-NextEra Deal

Lawmakers Weigh Dominion-NextEra Deal

The Center Square—Virginia lawmakers on Tuesday questioned whether state regulators have enough time and authority to fully review Dominion Energy’s proposed merger with NextEra Energy before the state’s approval process could conclude ahead of next year’s General Assembly session.

The Commission on Electric Utility Regulation, which will become the Energy Commission of Virginia on July 1, adopted a 2026-27 work plan that includes oversight of what companies say would create the nation’s largest regulated electric utility.

Dominion and NextEra announced the proposed merger in May. The companies said the transaction is expected to close within 12 to 18 months pending state and federal approvals. Dominion Energy Virginia President Ed Baine told lawmakers the company expects to file its application with the State Corporation Commission during the third quarter.

Commission Chairman Scott Surovell noted Virginia’s review timeline could move faster than the legislative calendar.

Under Virginia’s Utility Transfers Act, the State........

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