ABB_id2059
in News Departments > FYI
print the content item

Richmond, Va.-based Dominion Virginia Power, a subsidiary of Dominion, has asked the Virginia State Corporation Commission (SCC) for permission to offer its customers two new options to purchase renewable energy derived from sunlight, wind, falling water, sustainable biomass, waste, wave motion, tides and geothermal power.

Pending SCC approval, residential and business customers would be able to purchase renewable energy starting in January 2009 through their monthly bills in two ways. The first option would allow customers to offset all of their electrical usage with electricity generated from renewable energy sources. Payments under this option would be added to their monthly bill and would be calculated based on his or her monthly electrical usage and market prices for renewable energy.

The second option offers customers a fixed dollar amount, which they would determine, to be added to their monthly bills for the purchase of renewable energy. The amount of renewable energy purchased would depend on the dollar amount and market prices for renewable energy.

Under both options, Dominion would purchase renewable energy certificates from green power producers in order to provide customers a means of directly supporting production of renewable energy. Dominion will make periodic reports to customers on their purchases of renewable energy.

SOURCE: Dominion



Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015