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Dominion Retail Offering Low-Cost Electricity to Massachusetts Residential Customers

Posted on: Thursday, 1 February 2007, 15:01 CST

RICHMOND, Va., Feb. 1 /PRNewswire/ -- Dominion Retail, a subsidiary of Dominion , one of the nation's largest energy producers, is offering lower rates for many Massachusetts residential customers in the Bay State's competitive electricity market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000831/DLOGO )

Dominion Retail is offering electric generation rates 10 percent lower than current rates to residential customers in NSTAR, National Grid and Western Massachusetts Electric Company (WMECO) service areas.

Dominion's rates will remain in effect through the December 2007 meter read dates for NSTAR customers and through May 2008 for National Grid and WMECO customers. NSTAR and WMECO's basic rates are set through June 2007 and National Grid's through April 2007.

Under the Electric Restructuring Act of Massachusetts, residential customers can purchase electricity from a competitive supplier. Delivery is still supplied by the local utility and customers pay the local utility delivery rates. Customers receive only one bill from the utility and still call the utility for delivery services.

To enroll, customers can return the form they receive in the mail, enroll online at http://retail.dom.com/, or call Dominion at 1-866-275-4243.

Dominion Retail markets energy and related products and services in 11 states, and currently has more than 1.5 million customer contracts. Dominion has a total portfolio of about 28,000 megawatts of generation, about 6.5 trillion cubic feet equivalent of proved natural gas reserves and 7,800 miles of natural gas transmission pipeline. Dominion also operates the nation's largest underground natural gas storage systems with about 960 billion cubic feet of storage capacity. For more information about Dominion, visit the company's Web site at http://www.dom.com/.

Photo: http://www.newscom.com/cgi-bin/prnh/20000831/DLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk photodesk@prnewswire.com

Dominion

CONTACT: Dan Donovan of Dominion, +1-412-951-1080

Web site: http://www.dom.com/http://retail.dom.com/

Source: PRNewswire

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