Environmental groups: Atlantic Coast Pipeline will cost Virginia $2 billion
The Virginia State Security Commission accepted evidence Monday that the cost of Dominion’s plans for building the Atlantic Coast Pipeline will indeed be passed on to customers in Virginia.
The expert testimony describing the $2 billion increase in customer costs that will result from this unneeded pipeline was submitted before the commission in a hearing on behalf of our clients the Natural Resources Defense Council, Appalachian Voices, and the Chesapeake Climate Action Network.
“This is proof positive that Dominion’s pipeline will not cut costs to customers but instead increase our bills,” said Southern Environmental Law Center attorney, Will Cleveland. “It’s further evidence that Dominion’s original promise – that the pipeline would save customers money and spur job growth in the Commonwealth – has disappeared.”
This news comes as Dominion’s pipeline developer partner Duke Energy recently announced the price tag of the ACP increasing from $5 billion to between $6 and $6.5 billion, calling into question how much higher customer bills will go.
Although the commission accepted into evidence that customers will pay billions extra for the Atlantic Coast Pipeline, the commission’s orderoverlooked several other areas that impact customer’s wallets, such as Dominion’s flawed energy forecasts that lead directly to over-investment in unnecessary and expensive projects in Virginia.
The SCC will have another opportunity later this year to address just how much Dominion will be allowed to charge customers for the pipeline.