Lowering Utility Bills
Dominion has hiked rates on residents while letting data centers get off scot free. We are going to put an end to it. Dominion has returned record profits year over year, while residents continue to feel the squeeze. By bringing our utilities under public ownership, we will return those profits to ratepayers. Public power customers pay 14% less than customers of other utility types.
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Municipalization is the process of transferring control of our utilities from investor hands to the Loudoun County Government. This is done by purchasing the existing infrastructure through negotiation or eminent domain. The utility will then be run directly by the Loudoun Government or a newly created public authority. This will get rid of the greed-based model of investor owned utilities, and return profits and control to the public
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Investor-owned utilities like Dominion are incentivized to overspend on infrastructure projects and maintenance to justify higher rates, and higher returns on investment. A Loudoun-owned utility would be able to invest in undergrounding power lines and other far sighted projects to bring down long term maintenance costs, because its goals are to serve its customers, not its shareholders.
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On average, public power utilities have lower rates and less frequent rate hikes than investor-owned utilities. With no shareholders to pay out, public power utilities reinvest their profit and limit the need for rate increases. On average, public power customers pay $100-$320 less, on average, than for-profit utility customers.
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In 2025 alone, Dominion paid just 5 employees over $30 million, with CEO Robert M. Blue taking home over $15 million. Without stock deals and gargantuan bonuses, public power leaders and not paid million-dollar salaries that are seen at Fortune 500 companies like Dominion. Instead, leaders are well-paid and given competitive benefits. This means customers don’t foot the bill for outrageous C-suite executive salaries and bonuses.