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Business Facilities Magazine Names Dominion Energy as a Top Utility

February 24, 2020

This is an excerpt from a larger article which can be found at: https://businessfacilities.com/2020/02/top-utilities-power-to-the-people/#

DOMINION ENERGY: POWERING THE COMMONWEALTH

In 2019, CNBC named Virginia the top state for business in America, and Dominion Energy is proud of the role it plays in helping to attract businesses to the Commonwealth. The company serves nearly 7.5 million electric and natural gas customers across 18 states, and is headquartered in Richmond, VA. Last year, the utility tallied wins in the data center, pharmaceutical, manufacturing and logistics industries, adding more large power users to their system. Dominion Energy continues to be involved in these economically-impactful projects as a result of their strong relationships with stakeholders at local and state levels.

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“At Dominion Energy, we are focused not just on providing electricity, but on actively partnering with customers to help define and advance their energy needs and sustainability goals,” said Richard Imel, manager of strategic economic development for the company. “We are committed to responsiveness and customer service.” Companies ultimately choose to locate within Dominion Energy’s service area because of that customer service, as well as the utility’s competitive rates, reliable power, strategic location, renewable energy options and the expertise afforded by their team of experienced energy and site-selection experts. A few key factors that attract companies to the utility’s service area include:

  • Rates consistently around 30 percent below the national average. When you pair that with robust reliability metrics, Dominion Energy offers a significant value to companies looking to locate within its service area.
  • The utility’s location in the mid-Atlantic region, adjacent to Washington, DC. Its location offers world-class transportation and logistics infrastructure and provides easy access to major U.S. and international markets.
  • Dominion Energy’s commitment to renewable energy. The company works to provide customers with options to support their renewable energy goals. Options include everything from an individual Green Power purchasing program to entire facilities dedicated to serve commercial and industrial customers.
  • The utility’s skilled economic development team. They help get facilities up and running quickly and effectively, prioritizing site selection, siting and permitting, construction design, service agreements and relationships.

In 2019, the data center industry continued to remain a strength for Dominion Energy Virginia. Multiple large data center campus projects were announced, including the new Cologix Ashburn facility. Once built out, the facility will have 100 megawatts of capacity and one million square feet of data center. Dominion Energy was also an integral part of Wegmans’ regional distribution facility expansion into Hanover County, Va., along the I-95 corridor which will bring 700 new jobs to the area. Hershey announced an expansion of their existing manufacturing facility in Augusta County, Va. Merck also committed to invest up to $1 billion into their existing Rockingham County, Va., facility over the next three years in the pursuit of expanding pharmaceutical production. These projects highlight both the scale and diversity of industries Dominion Energy has helped attract to the Commonwealth of Virginia.

Dominion Energy is committed to providing sustainable, reliable, affordable and safe energy. “More than 85 percent of our current generation comes from either clean energy sources such as nuclear, renewables and hydro, or natural gas-fired generation that supports renewables,” said Thomas F. Farrell II, Chairman, President and CEO of Dominion Energy. The company continues to expand its footprint across the country with more than 20,000 employees. With a goal of being the most sustainable energy company in America, Dominion Energy has made commitments to deliver clean energy to customers through new, renewable sources. The company operates the fourth-largest solar portfolio in America and has announced the largest offshore wind project in the U.S., which will produce enough energy to power 650,000 homes by 2026. Dominion Energy is also committed to reducing its carbon dioxide emissions by 55 percent and methane emissions by 50 percent by 2030.

For more information about Dominion Energy Economic Development, visit the company’s website.

 

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