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 of $994 million.
The original goal was reported by Jim Bacon, who was initially favorable to the idea. The update comes from an annual report dated March 29 and posted by the State Corporation Commission. This reporter, who admittedly already lived in neighborhoods with underground lines installed at the cost of the developer, was skeptical of paying to bury somebody else’s lines, and this new report doesn’t ease the irritation. Continue reading