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Dominion proposes $6/month decrease in residential power bills
Announcement comes after House passes legislation to save Dominion customers $10/month.
Dominion Energy Inc. announced Friday a proposed $6/month decrease in customers’ residential electric bills starting in May, pending approval from the State Corporation Commission. The announcement comes after the House of Delegates overwhelmingly passed the bipartisan Fair Energy Bills Act earlier this month, which would save customers about $10 a month on their power bills
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Dominion to build yet another solar facility for Facebook
Greensville project is eighth collaboration in Va. and N.C.
Dominion Energy Inc. will build a solar facility in Greensville County — its eighth facility to be dedicated to Facebook Inc., the company announced Thursday. The Virginia State Corporation Commission approved the 100-megawatt project, Sadler Solar, on Jan. 22, and the facility is expected to be operational by the end of this year. Dominion will
Dominion attributes $1B annual earnings drop to SCANA acquisition
In total, the value of the transaction, including assumption of debt, is $14.6B.
Richmond-based Dominion Energy Inc. reported $1.4 billion in earnings for 2019 — $1 billion less than the utility earned during 2018, the company reported in its fourth-quarter earnings call Tuesday. The difference in earnings is primarily related to Dominion’s acquisition of SCANA Corp., which closed on Jan. 3, 2019, says Dominion spokesperson Ryan Frazier. The
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Dominion sets net-zero carbon goal by 2050
The goal covers carbon dioxide and methane emissions emissions from electricity generation and gas infrastructure operations.
Richmond-based Dominion Energy Inc. announced Tuesday a new goal of achieving net-zero carbon dioxide and methane emissions from its electricity generation and gas infrastructure operations by 2050. The new benchmark significantly raises the stakes for Dominion, which announced in October 2019 plans for reaching 80% carbon reduction by 2050. The company previously committed to cut
BWX Technologies lands $3.6M nuclear contract
Lynchburg federal contractor was awarded the contract by U.S. Department of Energy’s National Nuclear Security Administration
Lynchburg-based nuclear fuel supplier BWX Technologies Inc. (BWXT) has been awarded a $3.6 million contract from the U.S. Department of Energy’s National Nuclear Security Administration (NNSA), the company announced Tuesday. The BWXT Nuclear Operations Group Inc. (a subsidiary of BWXT) will convert research reactors from high-enriched uranium. Research reactors are used to perform science experiments
Amazon HQ2 and Arlington County government will be solar powered
Arlington and Amazon will purchase power from Dominion solar farm in Pittsylvania County
Arlington County and Amazon.com Inc. have entered into agreements with Richmond-based Dominion Energy Inc. to purchase power for local government operations and Amazon’s HQ2 East Coast headquarters from a solar farm more than 200 miles away in Southern Virginia. The Arlington County Board voted Tuesday to approve the agreement with Dominion to procure power from
Ørsted leases space for offshore wind staging at Portsmouth Marine Terminal
Lease could be worth $13M plus $20M in improvements
Denmark-based energy company Ørsted has agreed to lease a portion of the Portsmouth Marine Terminal from the Virginia Port Authority to stage materials and equipment for Dominion Energy’s offshore wind project, Gov. Ralph Northam announced Tuesday. The Virginia Port Authority Board of Commissioners unanimously voted to ratify the agreement. Ørsted will use the space for
Bipartisan bill seeks to demonopolize state electric energy market
Dels. Mark Keam and Lee Ware seek to create a “pro-choice” electric energy market
State Dels. Mark Keam, D-Fairfax, and Lee Ware, R-Powhatan, held a press conference Tuesday to announce a bipartisan legislative effort to demonopolize Virginia’s electric energy market. The Virginia Energy Reform Act — which does not yet have a bill number —would establish a competitive market for electricity retailers; require monopoly electric utilities to cease business
Dominion chooses turbine supplier for $7.8B offshore wind farm
Spanish engineering firm Siemens Gamesa will supply the 600-foot-tall turbines.
Richmond-based Dominion Energy has selected Spanish renewable energy engineering company Siemens Gamesa Renewable Energy S.A. as the preferred turbine supplier for its proposed $7.8 billion offshore wind farm off the coast of Virginia Beach, Dominion announced Tuesday. Dominion announced plans in September 2019 to build a 220-turbine wind farm 27 miles off the coast of
Projects vie for federal abandoned mine grant funds
Every year, Virginia receives $10 million from the federal government for projects to redevelop land that was home to abandoned coal mines. This fall, 18 different projects applied for funding — all seeking to become models for coalfield communities recovering from the industry’s slow collapse. The applications received by Virginia’s Department of Mines, Minerals and