Electric Utility Expedited Infrastructure Investment Program
House Bill 894 of the 2022 General Assembly directs the State Corporation Commission to develop a program to encourage and expedite infrastructure investments by Dominion Energy Virginia and Appalachian Power Company in industrial sites determined to be relevant and in high demand by the Virginia Economic Development Partnership (VEDP).
Through a stakeholder process, the Commission has developed a program involving 3 steps:
- The Commission will receive an HB 894 eligible project application where VEDP has determined that the industrial site, that is the subject of such application, is relevant and in high demand pursuant to VEDP guidelines;
- The Commission Staff will review the HB 894 eligible project application under guidelines supplemental to the Transmission Guidelines (Supplemental Guidelines), which reduce the amount of information and time necessary to prepare and review such applications; and
- The Commission will review the HB 894 eligible project application on an expedited basis.
HB 894 Commission Report to the General Assembly and the Supplemental Guidelines are linked below.