Virginia Utilities Seek Unbridled Rate Adjustments for Unproven Small Modular Nuclear Reactors in Two New Bills

9 months ago 48

Under the proposed legislation, Dominion Energy and Appalachian Power would be able to pass the exorbitant cost of building SMRs onto consumers. Environmentalists warn the legislation contains no protections for ratepayers.

Dominion Energy and Appalachian Power, Virginia’s two primary utilities, may soon be able to extract hundreds of millions of dollars from customers to cover the costs of building small nuclear facilities, an unproven form of emissions-free energy generation.

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