In March 2016, Dominion Energy announced plans for the Remington Solar Power Facility to be developed as a public-private partnership with the Commonwealth of Virginia and Microsoft. The estimated in-service date October 2017.
The 20-megawatt project would be built on approximately 125 acres of land owned by Dominion Energy near its Remington Power Station in Fauquier County, Virginia.
The ground-mounted, fixed-tilt solar facility will contain nearly 236,000 photovoltaic panels and at peak capacity will generate enough electricity to provide power for 5,000 homes.
The Commonwealth will buy the solar energy output generated from the facility and Microsoft will purchase the renewable energy attributes in support of its sustainability goals.
The Commonwealth will be the sole recipient for all the energy generated at the facility as part of the agreement.
Because Microsoft will purchase all the environmental attributes, including renewable energy credits generated by the facility, the construction and deployment of this solar asset will lower the cost of the energy purchased by the Commonwealth.
The Commonwealth is projected to save $500,000 to $1 million in energy costs over the lifetime of the project.