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Are the cost associated with REC purchases borne by Dominion Energy shareholders or by customers?
The IRP models the purchase, sale, and retirement of RECs on behalf of customers in compliance with the mandatory RPS Program.
The cost information presented in the IRP reflects projected costs associated with different resource portfolios evaluated for planning purposes. The IRP itself does not approve any specific resources or portfolios, nor does it authorize cost recovery from customers. Cost recovery would be subject to separate regulatory review and approval by the appropriate regulatory authorities before recovery could occur.