Virginia
Virginia wind farm job claims questioned by state regulators
RICHMOND, Va. (AP) – As Virginia-based Dominion Vitality seeks to construct what it calls the nation’s largest offshore wind farm within the Atlantic Ocean, the corporate and its supporters have touted the financial growth alternatives anticipated to accompany the 176-turbine mission.
However state regulators say the financial image won’t be so rosy.
In testimony filed earlier this month, regulators stated the corporate relied on a “stale” financial research that didn’t account for the impression of its Virginia ratepayers bearing the price of the roughly $10 billion mission.
The State Company Fee discovered that due to elevated electrical charges, the mission was anticipated to return with an financial price that may negate any advantages.
Dominion says the fee’s evaluation is flawed.
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