Le Lézard
Classified in: Oil industry, Environment, Science and technology
Subject: RCY

All Dominion Energy Virginia Customers Will be Able to 'Go Solar'


RICHMOND, Va., Sept. 6, 2017 /PRNewswire/ -- Dominion Energy Virginia will be offering residential and business customers the opportunity to "go solar" even without investing in solar panels on their rooftops. These customers will be able to have a portion of their energy needs met by community-based solar facilities fed directly into the Dominion Energy grid.

All Dominion Energy Virginia Customers Will be Able to ?Go Solar'

"Some customers may live in apartments or in other rental properties, or may not be in a position to invest in solar panels," said Paul D. Koonce, president and CEO of Dominion Energy Power Generation. "And for businesses, it may be a matter of not having enough rooftop space or not being in a position to make a large capital investment right now. We have designed a program that will allow these customers to subscribe for some of their energy needs through solar generation."

The program is another part of Dominion Energy Virginia's plan to invest $15 billion or more over a five-year period to enhance, protect and strengthen the power grid to reduce outages, further improve reliability and customer service, and make more renewable energy available. For example, the company already has buried over 650 miles of underground lines in the most outage-prone areas to improve recovery from storm damage.

Over the last two years, the company has invested nearly $1 billion to add large-scale universal solar generation serving customers in Virginia and North Carolina. The company has 27 solar facilities totaling 444 megawatts (MW) in operation or under construction in Virginia, up from four projects and 1 megawatt just two years ago.

Dominion Energy Virginia's Integrated Resource Plan calls for at least another 5,200 MW of new solar generation by 2042, enough to power 1.3 million homes at peak output. The company also announced last month that it would become the first electric utility in the country to own and operate offshore wind generation. The project will be located off the coast of Virginia Beach.

Dominion Energy Virginia is working on a number of programs that will offer solar energy in a variety of ways to any interested business or residential customer. By early 2018, the company plans to file program options with the Virginia State Corporation Commission that will:

The company will soon seek a request for proposal for solar projects to support these programs.

"While program details are being finalized, we want customers to know that we are working on creative solutions to empower them with the best options to go solar," Koonce said.

To complement these offerings, the company's existing Green Power Program now has nearly 24,000 customers participating where they can purchase renewable energy certificates for up to 100 percent of their energy use.

Nationally, Dominion Energy affiliates, including Dominion Energy Virginia, have invested in more than 2,200 MW of large-scale solar facilities since 2013. Dominion Energy's solar fleet is now the sixth largest in the country, among owners of U.S. electric utilities.

About Dominion Energy
Dominion Energy (NYSE: D) is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 25,700 megawatts of generation, 15,000 miles of natural gas transmission, gathering and storage pipeline, and 6,600 miles of electric transmission lines. Dominion Energy operates one of the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers. For more information about Dominion Energy, visit the company's website at www.DominionEnergy.com.

 (PRNewsfoto/Dominion Energy)

SOURCE Dominion Energy


These press releases may also interest you

at 17:13
Paul Raymond, Alithya Group Inc. ("Alithya"), shares his Company's story in an interview with TMX Group.   The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX...

at 17:13
Broadridge Financial Solutions, Inc.  is scheduled to release its financial results for the third quarter of fiscal year 2024 on Wednesday, May 8, 2024. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on...

at 17:06
As IT systems become increasingly complex, the...

at 17:00
StateHouse Holdings Inc. ("StateHouse" or the "Company") , a California-focused, vertically integrated cannabis company, today announced further to its press release dated April 15, 2024, that the Ontario Securities Commission (the "OSC") has denied...

at 17:00
Lion Group Holding Ltd. ("Lion" or "the Company") , the operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced that on April 18, 2024, it received a delinquency notification letter from the...

at 17:00
Dingdong (Cayman) Limited ("Dingdong" or the "Company") , a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it filed its Annual Report on Form 20-F for the fiscal year ended December...



News published on and distributed by: