Assessing the Economic Impact of Dominion Virginia Power’s Coal-Fired Power Plant in Wise County, Virginia, Compared to Investments in Energy Efficiency

Analysis of an energy efficiency alternative finds that energy efficiency would be less costly than the 585 MW coal-fired power plant in Wise County, Virginia. It would be less expensive for ratepayers and substantially more beneficial to the Virginia economy in terms of Gross State Product (GSP) and job effects. The beneficial effects of energy efficiency are even more pronounced when a likely federal carbon emissions regulatory program is taken into account.