Electric and gas utilities in the second quarter asked state regulators to approve $9.2 billion in rate hikes, up 26% from the $7.3 billion in rate increase proposals filed in the same period last year.

Dominion Energy in Virginia is seeking about $1.5 billion in increases across three rate requests, the report said. Oncor in Texas requested the largest single increase in Q2 at…

The total is in addition to the record-breaking $31 billion utilities requested in 2025, a new PowerLines report shows.