Virginia bills would ensure cost recovery for Dominion's massive offshore wind project

摘要

Dominion Energy Inc.'s ability to receive regulated cost recovery for itsplanned 2,640-MW offshore wind project would be cemented by a pairof bills introduced in the Virginia General Assembly.House Bill 1607 and Senate Bill 998 require the Virginia StateCorporation Commission to allow Dominion Energy subsidiaryDominion Energy Virginia to recover all costs of offshore wind projectsof "not less than 2,500 [MW] and not more than 3,000 [MW], along withelectrical transmission or distribution facilities associated therewith"as long as the utility has begun construction before January 1, 2024, orhas a plan for the facilities to be in service by January 1, 2028.