Appalachian says solar panel owners earn too much credit for their excess electricity, which unfairly shifts costs onto other customers. Solar proponents say the utility’s proposal to lower that credit for new solar owners could hamper adoption of the technology.
Economy
Covering the economic issues facing Southwest and Southside Virginia.
Posted inEconomy
Tech products manufacturer relocating to Norton from Arizona, promising 126 jobs
A new $4.1 million facility will be built at the Project Intersection industrial site in Norton, the governor announced Friday.
Posted inEconomy
Dominion cancels Tazewell pump storage project
A spokesperson for Dominion Energy cited several reasons, including the project’s $2 billion price tag and the utility’s focus on wind, solar, nuclear and other forms of power generation.
Posted inEconomy
As apple and cherry trees burst with blooms months ahead of schedule, climate experts sound a warning
Southwest Virginia orchard owners have seen handfuls of autumn blossoms pop open in years past. But early blossoming is occurring more frequently, and experts blame increasingly warmer weather.
Posted inEconomy
Lynchburg nonprofit receives $1.25 million from Bezos foundation to battle homelessness
The award is almost equal to the annual budget of Miriam’s House. The nonprofit expects to use the money over the course of five years.
Posted inEconomy
Va. regulators OK smaller rate hike for Appalachian Power
In March, the electric utility asked regulators for permission to earn about $95 million more per year. The State Corporation Commission on Wednesday authorized about a tenth of that amount.
Posted inEconomy
Virginia Tech team receives $11 million to lead carbon storage project
Project Cardinal will test underground rocks at Roanoke Cement Co. in Botetourt County, to see if they can safely retain the greenhouse gas carbon dioxide.
Posted inEconomy
Appalachian Power plans small modular nuclear reactor in Campbell County
Virginia’s second-largest electric utility said it plans to bring the project, which would be designed to be smaller than a traditional nuclear reactor, to a company-owned property outside Lynchburg.
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The long-awaited $500 million permanent Hard Rock Hotel & Casino holds its grand opening on Thursday
With the long-awaited grand opening of the permanent Hard Rock Casino in Bristol on Thursday, casino officials want visitors — whether they’re curious first-time guests or high rollers from another country — to know they’re in Bristol. “What we want people to experience when they come here is not to have the same experience as […]
Posted inEconomy
Virginia levies another fine on Mountain Valley Pipeline
State officials on Wednesday ordered the Mountain Valley Pipeline to pay $17,500 for violating environmental regulations over a three-month period, marking the fifth consecutive fine of its kind. The Virginia Department of Environmental Quality’s latest quarterly review of the natural gas pipeline’s compliance with erosion and sediment control rules covers June 11 to Sept. 10. […]
