Dominion said it will purchase the certificates to give its customers a way to voluntarily support the production of energy from renewables. Residential and business customers can begin purchasing renewable energy through their monthly bills beginning in January 2009.
Renewable energy supported through the program will be above what Dominion produces, encouraging development of additional generation of renewable power, Dominion Virginia Power President David Heacock said.
Dominion said it would obtain the renewable energy certificates through 3Degrees Inc. of San Francisco, a renewable energy marketing company that originates and provides Green-e Energy Certified Renewable Energy Certificates.
The Virginia Corporation Commission approved Dominion's plan to offer the program to its customers. Energy sold through the program will be verified and tracked by independent organizations to ensure that it meets environmental and consumer protection standards.
Customers participating in the program can specify that renewable energy certificates be purchased in an amount equal to 100 percent of the electricity they use, or specify a certain amount of the certificates to be purchased.
In addition to the new renewable energy offer, Dominion said it is committed to achieving Virginia's voluntary goal of 12 percent of base year electricity energy sales coming from renewable energy sources by 2022. (HNN 3/19/08)
Dominion's renewable energy generation portfolio features nearly 1,300 MW in operation, construction, or development, mostly wind. The portfolio includes three hydropower projects: 7.5-MW Cushaw (No. 906); 324-MW Roanoke Rapids and Gaston (No. 2009); and 855-kW North Anna (No. 6335).
Dominion also owns the 2,164-MW Bath County pumped-storage project (No. 2716), on Back and Little Back creeks. However, the project is not counted as renewable by the state because it uses coal and nuclear power to pump water. The Federal Energy Regulatory Commission has certified incremental generation gained from overhaul and modernization of three pump-turbine units at the project for renewable energy production tax credits.
For information on supplying renewable energy to the program, contact 3Degrees Inc., Presidio of San Francisco, 6 Funston Ave., San Francisco, CA 94129; (1) 866-476-9378; Fax: (1) 415-680-1561; E-mail: www.3degreesinc.com/about/contact_form/?id=18; Internet: www.3degreesinc.com.