Dominion Energy's Net Metering Overhaul Threatens Virginia's Solar Future

Dominion Energy's proposed "NEM 2.0" plan drastically alters Virginia's net metering program, potentially crippling solar adoption. Instead of a 1:1 credit for excess solar energy, Dominion proposes a significantly lower export rate based on their power purchase agreements (PPAs), effectively slashing homeowner savings by up to 65%. They also aim to claim ownership of generated SRECs. This move clashes with Virginia's renewable energy goals and discourages individual solar installations. While existing systems are grandfathered, those planning to install solar should act quickly before the mid-2026 deadline. Public comment to the SCC, proactive installations, and contacting legislators are crucial to influencing the outcome.