Dominion Energy files 10-year grid modernization plan with a state regulator
Updated: Jan 24, 2020
The US utility Dominion Energy has filed a grid modernization plan with the Virginia State Corporation Commission.
The 10-year plan, if approved, is expected to help the utility to improve customer services through the implementation of new and innovative technologies and programs.
The plan includes the utility completely decarbonizing by 2050 and investing up to $594 million in digital technologies, electric vehicles charging infrastructure and renewable energy resources.
Dominion Energy will invest in new customer information platforms to enable consumers to digitally manage their energy usage.
The plan also includes installing nearly one million smart meters, which would more than triple the number currently deployed. If approved, the plan will result in the utility achieving full smart meter deployment in its Virginia service area by 2024.
Customers will see no rate increase for costs associated with the deployment of the new customer information platform and smart meters installed through 2021.
"Our initiative is the next step in creating a clean energy future in Virginia," said Ed Baine, Senior Vice President – Electric Distribution. "This will help customers for years to come, with more resilient service, greater value and a partnership that helps to protect the environment for the next generation."
Read the article by Nicholas Nhede on its original publishing site at Smart Energy.
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