A ratepayer protection that state regulators included in a recent order approving Dominion Energy Virginia's application to build and recover the costs of a massive offshore wind farm will force the utility to scrap the project, Dominion said in a filing this week.
The State Corporation Commission granted approval this month for the 176-turbine, multibillion-dollar project off Virginia Beach. Dominion immediately raised concerns about the commission's inclusion of a performance guarantee for the wind farm and in a petition Monday asked the regulators to reconsider that element of their order.
