Category: Utilities
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Utilities Will Gamble on Nukes With Your $$$
By Steve Haner Standing firm against raising taxes is a fine thing, but it would help if Virginia’s leaders also stopped using people’s electricity bills to fund rent-seeking energy speculations. Governor Glenn Youngkin (R) has tweaked, but not vetoed, pending bills that allow both of Virginia’s investor-owned utilities to charge ratepayers for power plants that…
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Fighting Over the Check at the Green Power Cafe
By Steve Haner New power plants are pretty useless unless they are connected by new power lines. The debate over who pays for those tall towers and miles of cable can be just as divisive as the fight over who pays for a proposed nuclear plant or offshore wind turbines. Bottom line, of course, the…
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Will Consumers Come First in VCEA Review?
By Steve Haner “If we always keep as our focus what is best for consumers, in getting them reliable power for the least cost, then I think that’s the main guidepost we ought to follow.” That was Federal Energy Regulatory Commissioner Mark Christie’s opening quote on a PBS broadcast on energy issues due to air…
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Dominion Program to Bury Lines Halfway to Goal
By Steve Haner Just over a decade ago, Dominion Energy Virginia announced plans to spend about $1.75 billion of its ratepayers’ dollars on a program to bury about 4,000 miles of its residential service lines underground. As of the end of last year, the tally was just over 2,000 miles buried at a total cost…
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Wind Project Sued Over Claimed Threat to Whales
By Steve Haner A coalition of public interest groups has now filed its expected lawsuit seeking to halt construction of Dominion Energy Virginia’s offshore wind facility off Virginia Beach. Its key complaint is the federal permits were issued without a full and fair evaluation of the potential impact of the turbines on the shrinking North…
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See, Hear, Speak No Evil on Four Whale Deaths
Another whale has turned up dead on a beach, the fourth found on Virginia or North Carolina beaches within one week, several within sight of Dominion Energy Virginia’s offshore turbine project. This one was identified as a juvenile sperm whale and is the furthest from the project site. In all the news coverage so far,…
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Is Dominion-Stonepeak Deal a Partnership Flip?
By Steve Haner Dominion Energy Virginia insists that its decision to sell a half-interest in the Coastal Virginia Offshore Wind project “won’t impact ratepayers.” The problem is, perhaps it should. Perhaps Dominion is creating additional value for its shareholders that instead should benefit ratepayers.
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EPA Told CVOW Wake Has Air Quality Impacts
By David Wojick In formal comments, the Committee for a Constructive Tomorrow (CFACT) has asked the U.S. Environmental Protection Agency to assess the adverse impact of the giant Virginia offshore wind project on air and water quality. The issue is far-reaching because all big offshore wind facilities could have these adverse effects.
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Governor May Get Two Different Nuclear Bills
By Steve Haner A Virginia Senate committee voted Monday to approve a House of Delegates bill designed to finance a small modular nuclear reactor in Southwest Virginia, contradicting its own earlier vote for a much broader bill that had statewide application. Two different bills on the same topic might now pass the Virginia Senate. If…
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Floyd Judge Ponders Order to Return RGGI Tax
By Steve Haner A circuit court judge in Floyd County may soon order Virginia to rejoin the Regional Greenhouse Gas Initiative and to reimpose the related carbon tax on Virginia’s electricity consumers. Judge Kenneth “Mike” Fleenor Jr. ruled earlier this month that a suit seeking reinstatement of RGGI could continue and held a hearing on…
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If Assembly Wants SMR Bill, Then Fix It
By Steve Haner This is progress. Only twenty members of the Virginia Senate voted Tuesday to ignore a key tenet of utility ratemaking and put utility stockholders and profits ahead of consumer protection. Usually when the utilities persuade the General Assembly to do that to Virginia consumers, they get a bigger vote margin than 20-16.*…
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Will Dominion Fool Us Again with SMR Cost Bill?
By Steve Haner Fool me once, shame on you. Fool me twice, shame on me. A utility-backed bill to stick electricity ratepayers with the high-risk costs of developing small (modular) nuclear reactors, approved by a Senate committee Friday, is a “fool me twice” example. Shame on the General Assembly if it falls for it.
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Rare SCC Deadlock Sinks Dominion’s Energy Plan
By Steve Haner The year long debate over Dominion Energy Virginia’s proposed integrated resource plan, which threw climate catastrophe activists into a frenzy because it added a new natural gas plant, is ending with no decision. Two State Corporation Commission judges split on whether to approve it, basically a win for the anti-fossil fuel forces.…
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NJ Greenmailed Into Massive Wind Energy Costs
By Steve Haner New Jersey just agreed to two ocean wind projects with astronomical guaranteed power prices. The price demanded and received by independent competitive suppliers shows there is at least some upside to the utility-owned, captive ratepayer-financed model behind Dominion Energy Virginia’s massive offshore wind facility. In late 2023 the news was full of…
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Great Judges Can’t Fix Bad Energy Laws
By Steve Haner The General Assembly has now filled the two open seats at the State Corporation Commission (SCC), ending two years of gridlock. Unfortunately, the same legislators, on both sides of the aisle, are still working overtime to dictate and micromanage the state’s energy policy, reducing the discretion and authority of the independent, non-partisan…