A Dominion (NYSE:D) affiliate has filed an application with the Virginia State Corporation Commission (SCC) to build 56 MW of large-scale solar facilities by the end of 2016 in Powhatan, Louisa and Isle of Wight counties.
The company announced the move Oct. 1 in a news release. The three projects were selected as a result of a competitive Request for Proposals (RFP) the company issued in July, Dominion said.
The company also is pursuing power purchase agreements with other solar developers as a result of the RFP.
The total cost of the three projects is expected to be about $129.5m, excluding financing costs. The company is requesting that it be allowed to begin recovering the cost of the projects through a rate adjustment clause (RAC) or “rider” that would add 7 cents to the average residential bill of $113.24. If approved the rider would take effect Dec. 1, 2016.
If approved by the SCC, construction would start next spring, creating 960 jobs over the next two years, the power company said.
The three projects are:
** Scott Solar: Dominion intends to purchase this project from Virginia Solar. The solar facility will produce about 17 MW of electricity. It would be located on 165 acres of land in Powhatan County.
** Whitehouse Solar: This solar project would generate about 20 MW and would be located in Louisa County. It will be built on a 250-acre site.
** Woodland Solar: Dominion intends to purchase this project from Coronal Development Services. The solar facility will produce approximately 19 MW of electricity. It will be located in Isle of Wight County. The project will be constructed on approximately 200 acres.
Over the course of a year the facilities are expected to produce the equivalent of about 14 megawatts of electricity — or enough to power 3,500 homes.
“These three projects represent the next step in Dominion’s commitment to build 400 MW of large-scale solar by 2020,” said Dominion Generation CEO David A. Christian. “Combined with our proposed solar facility near Remington, we are expecting to build 76 MW of solar in 2016 as we continue moving forward to put more renewable energy on the grid for our customers.”