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Dominion Energy takes a second swing at costly plan to upgrade Virginia power grid

October 1, 2019 โ€” Dominion Energy has filed a plan with the state to spend $594 million over the next three years modernizing Virginiaโ€™s electrical grid, which it says would cost customers an average of a little more than $1 per month.

The State Corporation Commission (SCC) denied a similar plan earlier this year, saying the utility had not demonstrated that the costs were โ€œreasonable and prudent.โ€

Dominion spent several months refining the plan, creating cost-benefit estimates and interviewing stakeholders about priorities. It submitted the new version, which is slightly less costly than the original, on Monday.

โ€œWe believe that these investments are very important for our customers and our commonwealth,โ€ Ed Baine, Dominion senior vice president for electric distribution, said Monday in an interview.

Read the full story at The Washington Post

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