Dominion Energy solar, storage expansion projects approved
Expansion expected to add $1.13 to monthly bills
Dominion Energy Virginia has gotten the go-ahead for 15 new solar and energy storage projects that are expected to increase the typical residential customer’s monthly bill by $1.13.
The Virginia State Corporation Commission approved several projects Tuesday that will provide nearly 1,000 megawatts of carbon-free electricity, enough to power as many as 250,000 homes, according to a Dominion news release. The expansion also includes power purchase agreements with two dozen projects owned by third-party developers.
Construction of the 15 new projects is expected to support nearly 4,200 jobs and generate more than $880 million in economic benefits across the state, Dominion said. The projects are expected to be completed this year and in 2023.
“This is another significant milestone in Virginia’s transition to energy independence,” said Dominion Energy Virginia President Ed Baine. “These projects will support thousands of good jobs and hundreds of millions in economic activity in communities across Virginia. This is a positive step forward for our customers, the environment and Virginia’s economy.”
Dominion is required, under the Virginia Clean Economy Act, to meet net-zero carbon generation by 2045.