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Dominion Virginia Power (DVP)

Dominion Virginia Power (DVP). Power Characteristics. Power Characteristics. Dominion Virginia Power (DVP). 5.4 cents/kWh 30MW@ 90%Load Factor. Balanced generation . Generation growth . $ 4.8 billion planned growth capex 2012-2017.

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Dominion Virginia Power (DVP)

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  1. Dominion Virginia Power (DVP) Power Characteristics

  2. Power Characteristics Dominion Virginia Power (DVP) 5.4cents/kWh 30MW@ 90%Load Factor Balanced generation Generation growth • $ 4.8 billion planned growth capex 2012-2017 https://www.dom.com/about/integrated-resource-planning.jsp

  3. Rates Remain Stable and Below the National Average Dominion Virginia Power (DVP) * July 2008: Price controls on fuel factor expired. *DVP rates effective October 1, 2012. Source: Edison Electric Institute, Typical Bills and Average Rates Report, Annualized, Monthly industrial bills, 1,000 kW demand and 650,000 usage.

  4. Dominion Virginia Power (DVP) Service Connection costs • 4 years of revenue (calculated off projected load) are applied to offset construction costs • Often times lowering construction costs by as much as 60% per meter set • All data center build plans benefit from policy because of high load profiles Reliability Ranked #1 in lowest sustained transmission outages

  5. Dominion Virginia Power (DVP) Sustainability Green opportunities • Community Solar Program • RECs • Offshore Wind • RG Rate Carbon-intensity • Dominion operates one of the least carbon-intensive • generating fleets in the country (lowest 1/3 of utilities) • 992 MW’s of coal facilities retired by 2016

  6. Dominion Virginia Power (DVP) *NEW* Renewable Generation Schedule (RG) Adjustable Scale • Renewable Generation Schedule(RG) is an opportunity for the customer to select any percentage of renewable energy to replace conventional sources • Conventional and renewable in one bill • Tied to Renewable project within PJM • Customers with >500kw of demand Customer Choice VA Code §56-576:"Renewable energy" means energy derived from sunlight, wind, falling water, biomass, sustainable or otherwise, (the definitions of which shall be liberally construed), energy from waste, landfill gas, municipal solid waste, wave motion, tides, and geothermal power, and does not include energy derived from coal, oil, natural gas, or nuclear power. Renewable energy shall also include the proportion of the thermal or electric energy from a facility that results from the co-firing of biomass. • Any percentage • Any resource

  7. Dominion Data Center Services Pre-approved Sites “Shovel ready” sites www.dom.com/ddcs Power, Water, Fiber • Preliminary survey • Wetland delineation • Geotechnical investigation • Phase I ESA • Preliminary engineering for off • site infrastructure

  8. Virginia Business Climate Supply us with a typical build out with usage and we’ll provide you with a complete Bill Profile Tax rate Technology workforce Sales exemption Internet traffic • Corporate tax rate at 6% for over thirty years • 1-2% consumption tax based on load factor and usage • Virginia has the highest concentration of technology workers per capita in the nation (VA SB112, 2012 session) • Virginia allows for an exemption of sales & use tax (VA sales tax=5%) for eligible data • center owners and their tenants on qualified data center equipment: • Servers, routers, connections, chillers and backup generation • $150million capital investment and 50 new jobs (25 where unemployment is higher) • Expires June 30, 2020 • Over 50% of the WORLD’S internet traffic flows through (Ashburn)Virginia

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