September 23, 2019 — Dominion Energy Inc.’s customers have been pressing the Virginia utility giant for years to source more clean energy. On Thursday, the company heeded their call — with a $7.8 billion, ratepayer-backed plan to build the largest offshore wind farm in America.
The proposal is unprecedented. Never has a utility pitched an offshore wind project of this size — big enough to power 650,000 homes — and in such a way that would have its customers shouldering the costs. It still needs the approval of state regulators, and the blessing of others including the region’s grid operator. But the Richmond-based company is already promoting the plan as a major means of curbing its global-warming emissions 55% by 2030.
In proposing the wind project, Dominion Vice President Mark Mitchell said, the utility is “giving our customers what they have asked for — more renewable energy.”
Already, though, some of its big ratepayers are choosing to take another route. Customers including Costco Wholesale Corp. and Kroger Co. applied for the right to bypass Dominion and negotiate directly with independent electricity suppliers for renewable energy. On Wednesday, less than 24 hours before Dominion announced is massive wind project, the Virginia State Corporation Commission gave them what they wanted, ruling that the utility must allow them to seek other options.