State regulators said Walmart’s bid to buy its own renewable power would have hurt remaining utility ratepayers.
Virginia utility regulators Thursday rejected most of Dominion Energy’s $6 billion proposal to modernize its electrical grid, stating that the cost to customers was too high.
Defenders of Dominion’s $300 million offshore wind test say regulators and other critics overlook its intended purpose.
Environmental groups said regulators’ rejection of the utility’s energy plan casts doubt the need for a new pipeline.
The SCC gave the utility 90 days to correct and refile an integrated resource plan based on PJM forecasts.