Dominion studying offshore wind power line
RICHMOND, VIRGINIA - Dominion Virginia Power is studying the possibility of an offshore electric transmission line to support wind farm development.
The subsidiary of Richmond-based Dominion Resources said the study will look at what it would take to build a high-voltage underwater line from Virginia Beach into the Atlantic Ocean.
The company said it sees the study as the first step in designing, building and operating a transmission line needed to make offshore wind resources available to its customers. The study should be finished this year and will help the utility evaluate the best options to support multiple offshore wind projects in Virginia.
Dominion would need to work with the group that oversees the electric grid for a 13-state region. Any project also would require approval from state regulators.
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Moe said the pledge aims to make life more affordable for people. The rate would apply to everyone, including residential customers, farmers, businesses, hospitals, schools and universities.
The plan, which would cost government $261.6 million, expects to save the average residential customer $215 over the course of the year and the average farm customer $845.
“This is a very equitable way to ensure that we are not only providing that opportunity for those dollars to go back…
