Dominion Virginia Power is seeking permission from the State Corporation Commission to reduce fuel rates by about 2 percent.
If approved, the company said it would lower the bill of a typical residential customer who uses 1,000 kilowatt-hours of electricity a month by about 2 percent, or $2.19.
In its request to state regulators, Dominion cited lower costs for coal, natural gas and other fuels used to generate electricity. It also said it had lower purchased power costs and better operating performance at its power stations.
Virginia law allows fuel costs to be passed through to customers without profit for the company.
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The company, a subsidiary of Dominion Resources Inc., proposed that reduction take effect Oct. 1. (AP)
