Dominion Virginia Power Lays Out Five-Year Investment Plan

Dominion Virginia Power

has laid out investment plans for the next five years to ensure its customers continue to have ample supplies of reliable power, its chief executive officer is telling customers in a letter being mailed next month. Going beyond the three-year horizon he discussed in a similar letter last January, Koonce told customers the company plans to invest $7.6 billion over the next five years for new power stations and other electric infrastructure to meet growing demand.