Dominion's 772 MW Solar Push in VA
Oct 5, 2023 01:51 PM ET
- Discover the future of clean energy: Dominion Energy is seeking approval to add 19 solar projects with 772 MW capacity in Virginia - enough to power 200,000 homes - while creating an estimated 1,600 jobs & investing USD 570 million!
Dominion Energy is applying for approval to expand its renewable energy portfolio with 19 solar projects in Virginia, totaling 772 MW. If approved, Dominion would be able to supply 200,000 Virginia homes with solar energy and its total PV capacity would reach 4,600 MW. The project will involve 13 power purchase agreements (PPAs) with 435 MW and six solar projects of 337 MW which the utility will install or acquire. Building works for the projects could begin in 2024-2026 and bring over USD 570 million and 1,600 jobs to the state. The cost of the projects would add an additional USD 1.54 to the average customer's monthly bill.
Will Dominion Energy's Solar Expansion Benefit Virginia?
- Dominion's seven solar projects totaling 772 MW would increase the utility's total PV capacity to 4,600 MW, enough to power 200,000 homes in Virginia.
- The expansion would involve 13 PPAs with 435 MW and six solar projects of 337 MW that Dominion would install or acquire.
- Construction of the projects could start as early as 2024-2026, creating 1,600 jobs and injecting USD 570 million into the economy.
- Dominion estimates that the cost of the projects would add an average of USD 1.54 to customers' monthly electricity bills.
- The expansion is part of the utility's commitment to reduce greenhouse gas emissions by 80% by 2050.
- The projects are subject to approval by the Virginia State Corporation Commission.
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