Virginia will pay trillions for renewable power
By David Wojick |February 5th, 2021|Energy|122 Comments
Virginia’s 100% renewables mandate has been estimated to cost its people billions of dollars, but a more realistic estimate is trillions.
Dominion Energy, the big Virginia utility, must know this, but they are hiding it so they can build a lot of expensive wind and solar generating facilities. The more money Dominion spends under the mandate, the more it makes for its shareholders. The Legislature has no clue it is being conned.
The law in question is called the Virginia Clean Economy Act or VCEA. (Does Virginia now have a dirty economy?) It mandates 100% non-fossil fueled power statewide by 2045. Given the old age of their nuclear reactors this could well mean 100% renewables.
https://www.cfact.org/2021/02/05/virginia-will-pay-trillions-for-renewable-power/
