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Regulatory Matters (Tables)
3 Months Ended
Mar. 31, 2023
Public Utilities General Disclosures [Line Items]  
Summary of Significant Virginia Power Electric Transmission Projects Applied

Developments for significant Virginia Power electric transmission projects approved or applied for are as follows:

Description and Location
of Project

 

Application Date

 

Approval Date

 

Type of
Line

 

Miles of
Lines

 

Cost Estimate
(millions)

 

Partial rebuild of Bristers-Ox 115 kV line in
  Fauquier and Prince William Counties, Virginia

 

August 2022

 

April 2023

 

230 kV

 

15

 

$

40

 

Construct new Mars and Wishing Star substations,
  transmission lines and related projects in Loudoun
  County, Virginia

 

October 2022

 

April 2023

 

500/230 kV

 

4

 

 

720

 

Rebuild of Lines #2019 and #2007 in the City of
  Virginia Beach, Virginia

 

February 2023

 

Pending

 

230 kV

 

5

 

 

95

 

Install transformer at Possum Point substation,
  rebuild and construct transmission lines and
  related projects in Prince William County, Virginia

 

March 2023

 

Pending

 

230 kV

 

2

 

 

35

 

Partial rebuild of Line #2011 in the Cities of
  Manassas and Manassas Park, Virginia and
  Prince William and Fairfax Counties, Virginia

 

March 2023

 

Pending

 

230 kV

 

7

 

 

35

 

Virginia Electric and Power Company  
Public Utilities General Disclosures [Line Items]  
Significant Riders Associated With Virginia Power Projects

Developments for significant riders associated with various Virginia Power projects are as follows:

Rider Name

 

Application Date

 

Approval Date

 

Rate Year
Beginning

 

Total Revenue
Requirement
(millions)

 

 

Increase (Decrease)
Over Previous Year
(millions)

 

Rider CCR

 

February 2023

 

Pending

 

December 2023

 

$

194

 

 

$

(37

)

Rider CE(1)

 

October 2022

 

April 2023

 

May 2023

 

 

89

 

 

 

18

 

Rider GT

 

August 2022

 

April 2023

 

June 2023

 

 

14

 

 

 

(42

)

Rider R

 

June 2021

 

March 2022

 

April 2023

 

 

55

 

(4)

 

(4

)

Rider S

 

June 2021

 

February 2022

 

April 2023

 

 

191

 

(4)

 

(1

)

Rider T1(2)

 

May 2023

 

Pending

 

September 2023

 

 

879

 

 

 

173

 

Rider U(3)

 

June 2022

 

February 2023

 

April 2023

 

 

74

 

 

 

(21

)

Rider US-3

 

August 2022

 

April 2023

 

June 2023

 

 

40

 

 

 

(10

)

Rider US-4

 

August 2022

 

April 2023

 

June 2023

 

 

16

 

 

 

1

 

Rider W(5)

 

June 2022

 

February 2023

 

April 2023

 

 

105

 

(4)

 

(16

)

(1)
Associated with solar generation and energy storage projects requested for approval in October 2022 and certain small-scale solar projects in addition to previously approved Rider CE projects.
(2)
Consists of $510 million for the transmission component of Virginia Power's base rates and $369 million for Rider T1.
(3)
Consists of previously approved phases of Rider U.
(4)
In May 2023, Virginia Power filed a notification with the Virginia Commission to combine Riders R, S and W, which have an aggregate revenue requirement of $351 million, into base rates effective July 2023 in accordance with legislation enacted in Virginia in April 2023.
(5)
In February 2023, the Virginia Commission also approved Virginia Power's requested revenue requirement for the rate year beginning April 2024. However, as Virginia Power provided notification in May 2023 to combine Rider W into base rates as discussed above, Rider W will cease to be separately collected effective July 2023.