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occurred because construction costs and operating expenses continue to grow more rapidly than revenues.
Including fuel charges, the new rates would increase the monthly bill of a residential customer using 450 kilowatthours, without water heating, 65 cents. The monthly bill of an all-electric residential customer using 1600 kwh a month, including fuel, would increase $2.95.
The last increase in PE rates for Virginia customers became effective in June, 1975.□
94.9%