Dominion Prepared to Meet Summer Electricity
Demand
RICHMOND, Va. - Dominion
(NYSE: D), one of the nation's largest energy producers, is prepared to meet
summertime demand from its 2.1 million electric customers in Virginia and North
Carolina.
"We have adequate and reliable supplies to meet our
customer's demands this summer," said Thomas F. Farrell II, chief executive
officer of Dominion Energy, the electric generating unit of Dominion. "But
it is always in the best interest of all our customers to use energy wisely
and conserve whenever possible."
Company forecasters predict peak demand for electricity this
summer will be 16,968 megawatts. Customers set the one-hour demand record of
16,515 megawatts on Aug. 9, 2001, between 3 p.m. and 4 p.m.
The total summer capacity for the company's service area
is 19,092 megawatts. Of this total, more than 900 megawatts were added during
the past two years.
Since 1990, Dominion has added nearly 370,000 new residential
and commercial electricity customers. Over the same time period, the company
has added about 6,400 megawatts of generation capacity.
Dominion is one of the nation's largest producers of energy,
with a production capability of more than 3 trillion British thermal unit of
energy per day. Dominion serves nearly 4 million retail natural gas and electric
customers in five states. For more information about Dominion, visit the company's
web site at www.dom.com.
