Dominion, PGEC sign deal to bring broadband to Surry County
Dominion Energy Virginia and Prince George Electric Cooperative (PGEC) signed a memorandum of understanding that would bring high-speed internet to about 7,000 households in Surry County, Dominion announced Friday. This is the first time a utility and a cooperative have partnered to expand broadband access in Virginia, according to Dominion’s news release. The agreement would […]
Dominion proposes $6/month decrease in residential power bills
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 […]
Dominion attributes $1B annual earnings drop to SCANA acquisition
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 […]
Dominion sets net-zero carbon goal by 2050
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 […]
Ørsted leases space for offshore wind staging at Portsmouth Marine Terminal
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
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
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 […]