Dominion Energy Proposes Largest Expansion of Solar and Energy Storage for Benefit of Customers

Rhea-AI Summary

Dominion Energy Virginia has proposed a transformative expansion of solar and energy storage projects in Virginia, filing with the State Corporation Commission. This initiative includes 11 utility-scale solar projects, two small-scale solar projects, and a combined solar and storage project, aiming to deliver over 1,000 MW of carbon-free electricity. With an estimated economic impact of $880 million and the potential to create 4,200 clean energy jobs, this move is positioned as a significant step toward the Virginia Clean Economy Act's goals. Residential customer bills are expected to increase by approximately $1.13 monthly.

Positive

• Proposal includes 11 utility-scale solar projects and multiple storage initiatives.
• Expected to generate over $880 million in economic benefits.
• Projected to support nearly 4,200 clean energy jobs.
• Will provide more than 1,000 MW of carbon-free electricity.

Negative

• Customer bills may rise by approximately $1.13 monthly.

RICHMOND, Va., Sept. 16, 2021 /PRNewswire/ -- In its second annual clean energy filing with the Virginia State Corporation Commission (SCC), Dominion Energy Virginia has proposed the largest group yet of new solar and energy storage projects in Virginia for the benefit of its customers. The proposed projects are another significant step toward achieving the goals of the Virginia Clean Economy Act (VCEA).

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 (PPAs) 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 (MW) of carbon-free electricity, enough to power more than 250,000 homes at peak output.

"Every day, the clean energy economy is becoming more of a reality in Virginia," said Ed Baine, President of Dominion Energy Virginia. "This is the largest expansion of solar and energy storage in Virginia history and a major leap forward in delivering clean energy to our customers. As we expand renewables across Virginia, we remain laser-focused on keeping our service affordable and reliable. These projects live up to that promise."

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.  Further details about the utility-owned projects are below:

Utility-Scale Solar
Camellia Solar	20 MW	Gloucester County	To be acquired from Strata Clean Energy
Fountain Creek Solar	80 MW	Greensville County	Acquired from Clearway Energy
Otter Creek Solar	60 MW	Mecklenburg County	Acquired from Brookfield Renewables
Piney Creek Solar	80 MW	Halifax County	Acquired from Hexagon Energy
Quillwort Solar	18 MW	Powhatan County	Acquired from Cypress Creek Renewables
Sebera Solar	18 MW	Prince George County	Acquired from KDC Solar Virginia
Solidago Solar	20 MW	Isle of Wight County	Acquired from Standard Solar
Sweet Sue Solar	75 MW	King William County	Acquired from Invenergy
Walnut Solar	150 MW	King & Queen County	Acquired from a joint venture between Open Road Renewables and Eolian
Winterberry Solar	20 MW	Gloucester County	To be acquired from Strata Clean Energy
Winterpock Solar	20 MW	Chesterfield County	Acquired from Cypress Creek Renewables
Small-Scale Distributed Solar
Black Bear Solar	1.6 MW	Buckingham County	To be acquired from Hexagon Energy
Springfield Solar	2 MW	Westmoreland County	To be acquired from Hexagon Energy
Energy Storage
Dry Bridge Storage	20 MW	Chesterfield County	Acquired from East Point Energy
Combined Solar and Storage
Dulles Solar and Storage	100 MW Solar & 50 MW Storage	Loudoun County	Developed by Dominion Energy Virginia

In addition to SCC approval, each of the proposed utility-owned projects will require local and state permits before construction may begin. 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.

If approved, the proposed projects will add approximately $1.13 to the typical residential customer's monthly bill. Dominion Energy Virginia's rates remain well below the national and east coast averages. In addition to providing clean energy for its customers, these projects will also aid Dominion Energy Virginia in meeting the goals of the VCEA's renewable portfolio standard (RPS), which generally requires that 100% of its electricity sales in Virginia come from clean energy sources by 2045.

About Dominion Energy

More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.

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SOURCE Dominion Energy

FAQ

What new projects has Dominion Energy proposed for Virginia?

Dominion Energy Virginia proposed 11 utility-scale solar projects, two small-scale solar projects, and a combined solar and storage project.

How much economic benefit will the new projects generate?

The proposed projects are expected to generate over $880 million in economic benefits.

How many jobs will the new solar and energy storage projects create?

The initiative could support nearly 4,200 clean energy jobs.

How much carbon-free electricity will the projects provide?

The projects are expected to deliver more than 1,000 MW of carbon-free electricity.

When are the proposed projects expected to be completed?

The distributed solar projects and stand-alone energy storage project are expected to be completed in 2022, with the remaining projects planned for 2023.