NextEra and Dominion say they will merge, creating utility giant

Electric companies NextEra and Dominion will merge, they announced on Monday. The merger would create the world’s largest regulated electric utility, the companies said in a press release. The move comes as electricity prices have been on the rise — up an average of 6.1 percent year-over-year in April across the country. In a statement, NextEra chairman, president and CEO John… Â