The companies said the deal, which requires regulatory approval, would close within 18 months and would result in billions of dollars in bill credits to customers.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
Posted inEconomy
Appalachian Power plans upgrades to serve Google data centers in Botetourt
The electric utility plans to hold an open house on June 3 to provide more information.
Posted inEconomy
Comcast, Appalachian Power continue wrangling over broadband expansion
Comcast claims that Appalachian Power is not abiding by an FCC ruling about how much it can charge to replace power poles necessary for broadband deployment. The utility says that Comcast’s cost proposal will hurt electric customers.
Posted inEconomy
Living for coal, dying for breath
As coal production in Southwest Virginia wins White House support, miner protections stall under the Trump administration. Miners, their families and the community struggle with the illnesses the industry leaves behind.
Posted inEconomy
Tech Briefs: Virginia Tech grad students conduct drone research with Secret Service
Also: In what is likely Virginia Tech President Tim Sands’ final end-of-semester note to university community, he notes technology and research wins.
Posted inEconomy
Cardinal Commerce Notes: Old Dominion Power proposes rate hike, 2 Roanoke businesses expand, Food & Farm Trail debut, public meeting about rail
Get up to speed on recent business happenings.
Posted inEconomy
Columbia Gas seeks 2-part rate increase
The company wants to raise the average residential customer’s monthly bill by a total of about $14.
Posted inEconomy
Technology council inducts Virginia Tech President Tim Sands into its hall of fame
Other honorees at the Roanoke Blacksburg Technology Council’s annual awards included co-winners of the entrepreneur of the year award, Narro Trucks Inc. and biotech innovator Webster Santos.
Posted inEconomy
Dominion details 2 scenarios for higher monthly bills
Virginia’s largest electric utility says the average residential monthly bill could go up almost $22 this summer, but it’s proposing an alternative plan to spread some costs out over a longer time.
Posted inEconomy
In Carroll County, a $100 million investment begins to bear fruit
Pluck’d announced last year that it would build out more than 60 acres of greenhouses to grow tomatoes. Its products now are heading to stores.
