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

October 1, 2019 — Dominion Energy has filed a plan with the state to spend $594 million over the next three years modernizing Virginia’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 “reasonable and prudent.”

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.

“We believe that these investments are very important for our customers and our commonwealth,” 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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