Electric News Releases

January 1, 2000

Virginia Power Experiences Smooth Millennium Transition

RICHMOND, Va. – Virginia Power welcomed in the new year Saturday with no Y2K-related service problems to its 2 million customers.

"We're happy to report a smooth transition into the new year," said William S. Mistr, vice president-Procurement and the head of the utility's Y2K team. "Our facilities functioned as usual. We experienced no Y2K-related problems affecting the generation of electricity from our power stations."

The company's two nuclear stations, North Anna Power Station near Mineral and Surry Power Station near Surry, continued to operate safely through the rollover period with no Y2K problems.

In 1993, Virginia Power began a program to assess, remediate and test more than 36,000 pieces of equipment that could have been affected by the century date change.

"We had the full-time equivalent of 100 employees working on the Y2K project during the past year," said Virginia Power Chief Information Officer Lyn McDermid. "We spent about $25 million on the program. It has been one of our largest information technology challenges, but the hard work of our Y2K team paid off."

The company had a team of 1,300 employees at 90 company locations to monitor computer systems and equipment during the New Year's rollover. In the unlikely event they were needed, extra linemen, crews and field personnel were in place throughout the company's service area to restore electricity as quickly as possible.

Virginia Power is the principal subsidiary of Dominion Resources Inc. (NYSE: D), an energy business with headquarters in Richmond. For more information on Virginia Power's Y2K effort, visit the Internet at www.vapower.com/news/y2k/.

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