NextEra’s acquisition of Dominion would bring history of political control, rate increases to Virginia, Carolinas
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A proposed merger between NextEra and Dominion has sparked debate, with some warning it could lead to increased rates and political control in Virginia and the Carolinas. The companies are making their case for the merger, citing benefits such as a potential monthly discount for customers in South Carolina and the ability to support a data center boom. However, the merger's outcome and potential impact are uncertain, with lawmakers and advocacy groups calling for caution and review by state regulators.
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