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New law to reduce Appalachian Power rates
Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers with new protections and lower fuel costs.
Dominion offshore wind project on track despite hurdles
Dominion’s $10.7B Coastal Virginia Offshore Wind project remains on schedule despite rising costs and federal policy uncertainty under Trump.
Dominion Energy proposes hefty rate hikes
Fortune 500 utility Dominion Energy is proposing a fuel rate increase and additional base rate increases which, if approved, could raise monthly power bills for average residential customers by as much as $21.43 by 2027. The Richmond-based utility proposed new base and fuel rates in separate filings with the Virginia State Corporation Commission on Monday. […]
Lawmakers grapple with Virginia’s increasing energy demand
Virginia faces a dilemma. Data center developers are clamoring to build in Virginia with the sort of zeal typically reserved for hipsters attempting to win admittance into secret speakeasies. Residents of some Virginia localities have fought mightily against data center growth, citing environmental concerns and increased demand for electricity, and county and state politicians have […]
Dominion files for SCC approval of Chesterfield gas-fired plant
Dominion Energy submitted an application with the Virginia State Corporation Commission Monday to install four natural gas-fired turbines on 95 acres at the utility‘s Chesterfield Power Station. Dubbed the Chesterfield Energy Reliability Center (CERC), the facility, which is expected to cost $1.47 billion, will generate 944 megawatts of energy. The plant will provide electricity to […[...]
Derivatives exchange to add 33 jobs in Fairfax
Nodal Exchange, a derivatives exchange, will invest $300,000 to expand its Fairfax County operations, adding 33 jobs, Gov. Glenn Youngkin announced Wednesday. “Nodal Exchange’s expansion in Fairfax County demonstrates Virginia’s ability to attract and retain global financial technology leaders,” Youngkin stated in a news release. “As North America’s largest [...]
Appalachian Power plans small nuclear reactor in Campbell
Appalachian Power, an electric utility subsidiary of American Electric Power which serves more than one million customers in Virginia, West Virginia and Tennessee, announced plans Nov. 14 to bring a small modular nuclear reactor (SMR) project to Campbell County. The company, which has its headquarters in Charleston, West Virginia, has identified a potential site for […]
ODEC announces next president and CEO
Chris Cosby will become president and CEO of Glen Allen’s Old Dominion Electric Cooperative on Feb. 1, 2025. Cosby succeeds John C. Lee, who has been ODEC’s president and CEO since Sept. 8, 2023, initially serving in an interim capacity. ODEC announced Lee’s retirement, effective Feb. 1, on Monday. He will serve as a senior […]
Which way the Venn blows
It feels like one of those logic puzzles high school students grapple with on the SAT: If Delegate Sally passes a law to require utilities in her state to generate all their electricity from renewable, carbon-free energy sources like wind and solar by 2045, what is the latest year CEO Tom’s power plant can stop […]
Dominion offshore wind farm moves closer to final approval
Dominion Energy has passed another critical federal hurdle on its way to gaining approval to begin construction on its $9.8 billion, 176-turbine offshore wind farm 27 miles off the coast of Virginia Beach. The Bureau of Ocean Energy Management granted a favorable record of decision for the Richmond-based Fortune 500 electric utility‘s 2.6-gigawatt Coastal Virginia […]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President and CEO Bob Blue and state and local dignitaries […]
Gathering power
While working on a cellular tower a few years back, Kyle Mullins got what he describes as the “call of a lifetime” — an invitation to work on the first two pilot wind turbines for Dominion Energy’s Coastal Virginia Offshore Wind project. A Navy veteran who received a telecommunications technical certification from Texas A&M University, […]
