Posted on August 8, 2022
The State Corporation Commission (SCC), which regulates public utilities, recently approved a new Dominion Energy-backed $9.8 billion offshore wind farm, the Coastal Virginia Offshore Wind Project (CVOW), 27 miles off the coast of Virginia Beach.
Unsurprisingly, Virginia ratepayers will pay more to “transition” away from fossil fuels as stipulated by the 2020 Virginia Clean Economy Act—Virginia’s “Green New Deal” signed into law by former Governor Ralph Northam (D-VA). Governor Glenn Youngkin (R-VA) has pledged to repeal the VCEA but can’t unless Republicans retake the State Senate next year.
