Utility Dive covered passage of the Virginia Clean Economy Act quoting Virginia AEE's Harry Godfrey and highlighting AEE commissioned 5 Lakes Energy costs analysis. Read excerpts below and the entire UD piece here.
The Virginia Clean Economy Act, which enjoyed wide support from environmental and clean energy groups, cleared both chambers and was sent to the governor's desk on Friday. The package presents a Democratic-led path to ambitious climate goals, and many clean energy advocates are lauding the effort as an example for other states. However, analysis from the State Corporation Commission has the leading utility in the state, Dominion Energy, collecting approximately $50.8 billion more from its customers due to the provisions.