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Regulatory Matters (Tables)
3 Months Ended
Mar. 31, 2024
Public Utilities General Disclosures [Line Items]  
Summary of Significant Virginia Power Electric Transmission Projects Applied

Description and Location
of Project

 

Application Date

 

Approval Date

 

Type of
Line

 

Miles of
Lines

 

Cost Estimate
(millions)
(1)

 

Construct new Aspen and Golden substations,
  transmission lines and related projects in Loudoun
  County, Virginia

 

March 2024

 

Pending

 

500-
230 kV

 

10

 

$

690

 

Partial rebuild Fredericksburg-Aquia Harbour
  transmission lines and related projects in Stafford
  County and the City of Fredericksburg, Virginia

 

March 2024

 

Pending

 

230-
115 kV

 

24

 

 

135

 

Construct new Apollo-Twin Creeks transmission
  lines, new substations and related projects in
  Loudoun County, Virginia

 

March 2024

 

Pending

 

230 kV

 

2

 

 

285

 

Rebuild Dooms-Harrisonburg transmission lines
  and related projects in the Counties of Augusta
  and Rockingham and the Town of Grottoes,
  Virginia

 

April 2024

 

Pending

 

230 kV

 

22

 

 

60

 

(1)
Represents the cost estimate included in the application except as updated in the approval if applicable. In addition, Virginia Power had various other transmission projects approved or applied for and currently pending approval with aggregate cost estimates of approximately $45 million and $100 million, respectively.
Virginia Electric and Power Company  
Public Utilities General Disclosures [Line Items]  
Significant Riders Associated With Virginia Power Projects

Rider Name

 

Application Date

 

Approval Date

 

Rate Year
Beginning

 

Total Revenue
Requirement
(millions)
(1)

 

 

Increase (Decrease)
from Previous
(millions)

 

Rider CCR

 

March 2024

 

Pending

 

December 2024

 

$

103

 

 

$

(91

)

Rider CE(2)

 

October 2023

 

March 2024

 

May 2024

 

 

133

 

 

 

44

 

Rider GT

 

August 2023

 

May 2024

 

June 2024

 

 

145

 

 

 

131

 

Rider T1(3)

 

May 2024

 

Pending

 

September 2024

 

 

1,170

 

 

 

291

 

(1)
In addition, Virginia Power has various riders associated with other projects with an aggregate total annual revenue requirement of approximately $120 million as of March 31, 2024.
(2)
The Virginia Commission approved four solar generation projects and 13 power purchase agreements in addition to previously approved Rider CE projects. In addition, the approved total revenue requirement includes amounts which had previously been collected under a separate rider.
(3)
Consists of $532 million for the transmission component of Virginia Power’s base rates and $638 million for Rider T1.