Rates Dianne Corsello

Integrating Solar into Utility Rates

COMPANY PROFILE

~23,600 MW of electric generation 6,400 miles of electric transmission 12,000 miles of natural gas transmission, gathering and storage pipeline 942 billion cubic feet of natural gas storage operated Cove Point LNG Facility 2.5 million electric customers in VA and NC 1.3 million natural gas customers in OH & WV

2

Solar Rate Options Dominion Virginia Power • Schedule RG • Solar Purchase Program • Net Metering Standby Charge

3

Schedule RG Schedule Renewable Generation (Schedule RG) Allows large commercial and industrial customers an opportunity to increase the percentage of renewable energy from Dominion above what is currently provided through the Company’s existing generation fleet. Renewable Generation Pilot Program Dominion generating fleet Large commercial and industrial customers buy mix of traditional and renewable energy from Dominion “Contract Customer”

Renewable generating sources External Sources “Renewable Generator”

4

Solar Purchase Program Feed-in Tariff

Customer generates energy

Customer is billed for the total amount of electricity used

Customer is paid 15 cents/kWh for all on-site generation

5

Solar Purchase Program Customers voluntarily pay a premium for participating in Green Power Program

Green Power Participants

DVP pays solar owners a premium rate for electricity generated Solar Generator

Self-funding Program

Subscribers of Green Power Program fund DVP premium tariff for customer-owned solar generation

6

Net Metering Standby Charge

• April 1, 2012 • Residential only > 10 kW up to 20 kW • Demand charge for T&D only $4.19/kW Kilowatts

Customers

5753

6523

6809

4235 2173 357

86 '01 - '08

613 160 2009

419

603

762

912

960

2010

2011

2012

2013

2014 (Apr)

7

Dianne Corsello Manager of Customer Solutions Renewable Energy & New Technology [email protected]

8