Virginia Wind Farm Could Leave Consumers on the Hook for Billions
Recently, state regulators in Virginia approved a massive wind farm project off the coast of Virginia Beach. While environmental activists who support the project say it will be transformational, the reality is only if the wind blows will it help Virginians. But if the project doesn’t pan out or the project isn’t completed, it could cost them billions. The Wall Street Journal editorial board writes: “Dominion Energy plans to build 176 wind turbines 27 miles off the coast of Virginia Beach. That’s enough to power about 660,000 homes. The capital cost is $9.8 billion. The state Corporation Commission assented to a related rate…