Actually, ratepayers are not at risk for Charybdis — Dominion shareholders are. The ship was funded by Blue Ocean Energy Marine, a non-regulated utility. Dominion investors have every reason to question the business decision to build the vessel. Ratepayers should focus on the offshore wind farms Dominion is building and wants to build. Ratepayers will be on the hook for those. – JAB
A White Elephant, Perhaps. But Not the Ratepayers’ White Elephant.
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