There are plans for a significant expansion of large scale solar energy in virginia.
Dominion energy solar panel.
The benefits of going solar in virginia federal solar energy tax credit itc without a doubt the federal solar tax credit also referred to as the investment tax credit is one of the best incentives available for property owners in virginia with the itc you can deduct 26 percent of the cost of your solar equipment from your taxes that means major savings on your solar installation.
Three thousand megawatts of electric generating capacity can serve at least 750 000.
Dominion energy also acquired the uva puller solar facility as a development asset.
Dominion energy currently has solar energy services in nine states.
Program development status on september 11 2018 the virginia state corporation commission scc approved the virginia community solar pilot.
Dominion energy acquired the hollyfield solar project as a development asset.
Program participants then virtually use solar energy without needing solar panels installed on their home or business.
Dominion energy plans to place 1 400 solar panels on top of the five story parking garage at its tredegar street office complex along the james river.
According to dominion energy virginia s most recent long term plan at least 15 900 megawatts of new solar energy could be added in the next 15 years.
Dominion energy customers who have solar panels have the opportunity to enroll in a net metering program.
The facility features approximately 65 000 solar panels enough to power about 4 250 homes at peak output.
The decision to switch to solar in old dominion is made easier with strong financial incentives such as a renewable energy systems tax credit solar easements and rights and net metering availability.
Customers agree to connect their renewable energy system to the power grid so that they always have a steady supply of energy even when their system is not producing energy.
The dominion energy south carolina bill credit of 0 10 per kilowatt hour remains the same for the full term whether or not the customer elects to purchase the panels outright.
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The facility entered operations in september 2018.
The facility features.