Dominion Expects to Spend $8.5 Billion to Meet Growing Electricity Demand

SUGAR LAND--April 7, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Dominion Resources Incorporated (NYSE:D) (Richmond, Virginia) expects to invest $8.5 billion in its electrical system during the next three years to accommodate an annual growth rate of 9.5%, according to a recent news article. The company said it wants to expand and upgrade transmission lines, distribution substations, equipment and generation in its service area to meet demand growth in Virginia, which is one of the fastest-growing areas in the PJM Interconnection region.

Within this article: Details of Dominion Resources planned capital investments.