It is estimated that each day almost 70% of the world’s internet traffic flows through Virginia data centers. Dominion Energy currently provides electricity to over 10 million square feet of commissioned data center space. This number is poised to grow significantly thanks to state and local incentives, extensive electric and fiber infrastructure, and a strong workforce. A strategic location in the Mid-Atlantic with proximity to Washington, D.C., and a low risk of business disruption makes Virginia the ideal choice to support the continued growth of cloud and technology-focused companies.
Reliable, low-cost power from Dominion Energy is among the most affordable in the nation. The low cost of power coupled with our ability to decrease time to market, and provide cost-effective renewable energy options, adds immediate value to new data center projects. Dominion Energy is not just the electric utility, we are a true partner in growing your data center footprint.
World class fiber networks make Virginia the premier connectivity hub in the world. Northern Virginia has grown to offer the highest density of dark fiber in the world. It is estimated that each day 70% of the world’s internet traffic flows through Virginia data centers. Multiple fiber providers have extended networks throughout all regions of Virginia. VA Beach provides international connectivity to Europe, South America, and South Africa through multiple new trans-oceanic cables.
Virginia is ranked No. 4 by CNBC for best states for business. Dominion Energy electric rates are 30% below the U.S. average. Virginia offers a sales tax exemption for data center equipment and many local governments have significantly discounted tax and depreciation schedules for data center operators. Dominion Energy is committed to expanding renewable energy programs and providing tailored solutions for customers.
Virginia boasts one of the largest data center workforces in the U.S. and the third largest concentration of IT workers in the country. Home to more than 700 data processing, hosting and related establishments, the data center industry employs more than 15,000 people. The Northern Virginia Technology Council actively promotes and partners with local community colleges to develop data center training programs and certificates.