See below (or at this link) for this morning’s “stunning rebuke” – as Clean Virginia puts it (see below) – by the State Corporation Commission (SCC) of Dominion Energy’s “attempts to move forward on vague plans to swell their profit at the expense of Virginians.” As Robert Zullo of the Virginia Mercury explains, this ruling proves that the SCC “still has some teeth left despite the General Assembly’s best efforts.”
Of course, as the SCC stated, environmental groups such as the Sierra Club ARE “supportive of the goals of [Advanced Metering Infrastructure – AMI] technology.” However, “environmental respondents and consumer counsel all oppose Dominion’s AMI proposal as not adequately developed and therefore neither reasonable nor prudent as to costs and benefits.” In the end, the SCC found that:
“…we agree that smart meters and other grid enhancements hold the promise for a true transformation of the grid and for the more efficient consumption of electricity, but spending billions of dollars of customers’ money on full deployment is reasonable and prudent only if the expenditure is accompanied by a sound and well-crafted plan to fulfill the promise that smart meter technology and other grid enhancements offer”
With little justification, Dominion asked regulators to put ratepayers on the hook for hundreds of millions of dollars. “This we will not do,” the SCC responded today. https://t.co/d9K4oFSDHt
— Appalachian Voices (@AppVoices) January 17, 2019
Another stunning rebuke of @DominionEnergy’s attempts to move forward on vague plans that swell their profit at the expense of Virginians:
“As a complete package, the Plan is not cost-effective and will result in an economic loss for all customers,” the SCC wrote. https://t.co/nuoX3lSs02
— Clean Virginia (@clean_virginia) January 17, 2019
BREAKING – @VAStateCorpComm rejects most of @DomEnergyVA’s #gridmod filing “We approve herein reasonable spending related to Cyber and Physical Security…but otherwise do not find the remaining components of the Company's proposed Phase I Plan to be reasonable and prudent.”
— Will Cleveland (@willchoiceiv) January 17, 2019