Dominion agrees to $75 million settlement

Posted by Shawn Maclauchlan

RICHMOND, VA (WWBT) - Dominion has agreed to a new settlement that will reduce your power bill.

The attorney general's office says the power company will start crediting back customers $75 million as early as April.

For the average customer, it's about $1.50 each month - which is expected to offset an expected increase in your bill this spring.

The deal still needs final approval from the state corporation commission.

Copyright 2011 WWBT NBC12. All rights reserved.