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In a significant milestone for Virginia's clean energy landscape, Dimension Renewable Energy marked the activation of one of the state's pioneering shared solar facilities on November 20. Named the Waynesboro Bridge Solar project, this 5-MW initiative in Waynesboro, Virginia, is set to provide affordable clean energy to 1,200 nearby low-income households. The celebration witnessed the presence of prominent elected officials, state regulators, and industry partners, highlighting the collaborative efforts involved in bringing this transformative project to fruition.
Waynesboro Bridge Solar is part of a larger initiative by Dimension, comprising 12 solar facilities developed, owned, and operated by the company under the state's shared solar program. This portfolio is expected to benefit nearly 10,000 low-income households, generating an impressive $20 million in savings for subscribers. Unlike traditional solar models, shared solar empowers renters, small businesses, and homeowners lacking adequate roof space or financial means to access renewable energy, offering them the opportunity to subscribe and reduce their electric bills.
Bryan Bentrott, VP of Origination at Dimension, emphasized the significance of the shared solar program, stating, "Virginians will now be able to take control of their electric bill and participate in the clean energy economy without having to buy their own solar panels or own a home." The Waynesboro Bridge Solar project, in collaboration with Community Housing Partners (CHP), is set to provide a guaranteed monthly savings of 10% to its subscribers, amounting to a total of $2.8 million over its lifetime.
While bringing tangible benefits to subscribers, the Waynesboro Bridge Solar project also has broader positive impacts on the local community. It has created over 40 new jobs for contractors, electricians, engineers, surveyors, and maintenance crews, contributing significantly to the economic growth of the region. Additionally, the project is set to contribute over $550,000 in real estate tax revenue for Augusta County.
Despite the success of shared solar in Dominion Energy's service territory, the program faces challenges in reaching broader implementation. Efforts to expand the Dominion program and create a similar program in Appalachian Power territory faced opposition in the House of Delegates last year. The industry looks to the next legislative session as an opportunity to garner support for further expansion, recognizing the potential for shared solar to bring substantial benefits to the entire Commonwealth.
