Dominion cleared to add 800 MW of solar, storage space in Virginia
- US utility group Dominion Energy (NYSE:D) has been provided the thumbs up to add more than 800 MW of solar and also energy storage capacity to serve its customers in Virginia.
Dominion Energy Virginia was provided approval by the Virginia State Corporation Commission (SCC), the utility said on Friday.
The strategy consists of nine solar and one energy storage space project totalling nearly 500 MW, to be owned as well as run by Dominion Energy Virginia, in addition to greater than 300 MW sourced with power purchase agreements (PPAs). The PPAs will certainly originate from 13 solar and also energy storage space projects picked in a competitive solicitation.
At top outcome, the projects are anticipated to be able to power more than 200,000 Virginia homes. The firm approximates that their building will certainly sustain nearly 4,800 work and also give more than USD 920 million (EUR 835.9 m) in economic advantages across the state.
Details about the recommended utility-owned projects are available in the table. The construction of all of them is anticipated to be finalised by 2025.
As formerly introduced, Dominion Energy Virginia is behind the Moon Corner solar scheme, while the other ones will be acquired from their programmers.
The projects are expected to add USD 0.38 to the average household regular monthly bill but will certainly cut over USD 250 million in fuel expenses for customers in the first 10 years of procedure.