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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Dominion Energy Inc | NYSE:D | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.43 | 0.84% | 51.58 | 52.39 | 50.68 | 52.04 | 4,651,566 | 00:03:51 |
By Chris Wack
Dominion Energy Virginia said it has proposed, in its second annual clean energy filing with the Virginia State Corporation Commission, the largest group yet of new solar and energy-storage projects in the state for the benefit of its customers.
The company said the proposed projects are a significant step toward achieving the goals of the Virginia Clean Economy Act.
The proposal includes 11 utility-scale solar projects, two small-scale distributed solar projects, one combined solar and storage project and one stand-alone energy storage project, which will be owned and operated by Dominion Energy Virginia.
The proposal also includes power purchase agreements from 32 solar and energy storage projects operated by third-party providers, which were selected through a competitive solicitation process. Once in operation, the projects will be able to provide more than 1,000 megawatts of carbon-free electricity, enough to power more than 250,000 homes at peak output.
Dominion said construction of the 15 utility-owned solar and energy storage projects is expected to generate more than $880 million in economic benefits across Virginia and will support nearly 4,200 clean energy jobs. The distributed solar projects and the stand-alone energy storage project are expected to be completed in 2022, with the remaining projects planned for completion in 2023, it said.
If approved, the proposed projects will add about $1.13 to the typical residential customer's monthly bill, the company said.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
September 16, 2021 10:34 ET (14:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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