Dominion Energy is seeking approval for the 772MW of Virginia PV projects that would range in size from 3MW to 127MW and construction is expected to be completed between 2024-26 depending on SCC approval and local and state permitting. The projects are expected to bring Dominion’s solar portfolio in Virginia past 4.6GW and add US$1.54 to the average residential monthly bill. Virginia is the fourth largest solar PV market in the US by installed capacity, according to a recent report from the Berkeley Lab. A study by the American Council on Renewable Energy (ACORE) found that Virginia’s 43.7GW renewables and storage interconnection backlog could represent a US$8.52 billion investment opportunity.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
