Electric Infrastructure Program
Powering Virginia's big business parks
Powering Virginia's big business parks
The Electric Infrastructure Program allows electric utilities to recover costs incurred to construct, operate, and maintain transmission lines and associated substations installed to provide service to a business park when found eligible for a rate adjustment approved by the State Corporation Commission (SCC). The program allows for three sites in each utility’s certificated service territory.
Eligibility
- The business park being serviced must be a minimum of 100 contiguous acres classified as a Tier 4 site under VEDP’s Virginia Business Ready Sites Program (VBRSP).
- The transmission line shall be less than 10 miles in length.
The process
- The utility and participating locality submits an application, which is reviewed by VEDP’s Real Estate Solutions Division.
- VEDP certifies projects that meet the eligibility criteria for participation in the program.
- VEDP provides the utility a certification letter that may be submitted with the utility’s documentation to the SCC for a rate adjustment.
Program resources