Dominion Energy asked to merge with NextEra, creating a massive utility

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Dominion Energy and NextEra filed a $67 billion merger application with South Carolina regulators, proposing to create a mega-utility serving 10 million customers across four states. The Southern Alliance for Clean Energy, alongside other environmental and consumer advocacy groups, signed a joint statement opposing the merger, with SACE's Eddy Moore warning that the deal would benefit stockholders while providing minimal relief to South Carolina ratepayers. Concerns center on long-term rate impacts, environmental consequences, and NextEra's history of political influence in Florida.