Dominion's rates may increase after Tuesday's hearing, and then again in the spring

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Dominion Energy customers may face rate increases twice in the coming year—once in January 2023 following a mid-period fuel adjustment hearing, and potentially again in spring during annual hearings. The Southern Alliance for Clean Energy and S.C. Coastal Conservation League testified at Tuesday's hearing, with expert Ronald Binz arguing that the current fuel cost adjustment mechanism unfairly shifts risk onto consumers.