What’s Next: Virginia's Energy Future
We’re planning for a smarter, stronger, greener energy grid to better serve our customers.
Newer technology to give customers fewer outages, faster restoration times, and new tools to track and control their energy usage.
New technology being deployed across the energy grid will reduce outages, speed up restoration time, and give our customers reliable service they can count on. We are investing in thousands of smart devices on the grid that automatically report outages when they occur, and prevent certain outages before they happen by identifying equipment that could be near failure. The devices also can isolate outages by automatically rerouting power so fewer customers are impacted, and a allow us to quickly dispatch crews directly to the source of the outage. View a video to learn more about the Smart Grid.
Smart meters will let customers take control of their energy usage through new options like timely usage insights, customizable alerts for high energy usage and bills, and outage information so customers no longer have to notify Dominion Energy when lights are out and alerts to give customers updates about their restoration status. The process for starting or stopping service also is streamlined.
More renewable power, and more options to for customers to use clean energy.
A smart grid will allow us to improve how we interconnect with new renewable energy sources like wind and solar. For our customers, that means more ways to use energy that has less impact on the environment. Our energy future will include more renewable energy spread throughout our system. That's why we're transforming a power grid that was designed for one-way energy flow from large power plants to customers to one that can support a two-way flow from energy sources distributed across the grid.
A transformed grid will better integrate renewable generation while ensuring safe and reliable service to all customers, and streamline the process of connecting distributed generation like solar to the grid. It also will allow us to offer customers new renewable energy options, regardless of where they live, and will support electric vehicle adoption, access and ease of charging to help improve air quality.
We also are piloting future-facing projects like offshore wind turbines, microgrids, and battery storage to further reduce our impact on the environment.
$1 billion in bill credits and lower rates, and more ways to save.
Low, stable rates help all Virginians from families on a budget to companies that power the Commonwealth. As we look to the future, we will find new ways to deliver the value that our customers expect. For example, Virginia customers will see $133M in bill credits starting July 1, 2018 and another $67M in bill credits in January 2019.
We also are passing on the full benefit of federal tax reform, saving customers at least $125M annually through rate reductions. In addition, we are expanding programs that provide weatherization and bill assistance for low-income families, people with disabilities, seniors and veterans.
A Stronger Virginia
Safe, reliable and competitively priced energy that fuels Virginia’s economy.
We know that access to reliable, stable, competitively priced energy is just as important to residential customers as it is to businesses in Virginia. We’re making improvements in the grid that will continue to build on these strengths. For example, we're implementing new construction techniques to harden the grid to better prevent and more quickly recover from power outages. We also are continuing to place more of the most outage-prone neighborhood lines underground. We're making investments so that critical infrastructure and facilities (e.g. hospitals, nursing homes, etc.) are more resilient.
In addition, we're adding secure digital networks that are ready for new and emerging technologies, and investing in enhanced standards for physical protection of critical infrastructure and cybersecurity to improve network security throughout the grid. We also are researching ways we can help expand high speed internet access in rural areas and further contribute to economic development.
$1 billion in proposed energy conservation programs and increased weatherization services.
We will be applying for approval of $1 billion in energy conservation programs over the next decade, including an expansion of our EnergyShare program to help families in financial hardship pay their bills and lower their energy use with free energy efficiency upgrades to help keep their bills lower in the future.
We’re also proposing at least $870M in new and innovative residential and non-residential programs to help reduce energy usage in the Commonwealth. in addition, we’re working to support communities in Virginia who are interested in converting streetlights to more efficient and longer-lasting LED technologies and exploring partnerships with localities on energy efficiency measures.
$67M customer bill credits go into effect.
Dominion Energy files reports on broadband feasibility and economic development.
Dominion Energy files solar report.
Dominion Energy issues request for proposals for solar and onshore wind generation.
Dominion Energy files initial new energy efficiency projects for SCC approval.
Dominion Energy files for SCC approval for Coastal Virginia Offshore Wind project.
Dominion Energy files for Phase I of Grid Transformation Plan and file for 240 MW of solar energy.
$133M customer bill credits and $125M annual rate reduction go into effect.
The Grid Transformation and Security Act goes into effect.