RICHMOND, Va., Feb. 21, 2018 /PRNewswire/ -- Today,
Dominion Voltage Inc. (DVI), a subsidiary of Dominion Energy (NYSE:
D) and leader in Volt/VAR Optimization "VVO" solutions, announced a
full deployment contract for all 54,000 members of Choptank
Electric Cooperative, located on Maryland's Eastern Shore.
NRTC, DVI's value-added reseller for cooperatives, teamed with
DVI to propose a voltage management solution that specifically met
the co-op's needs.
"As an electric cooperative we are always looking for ways to
operate our system more efficiently and keep our rates low," said
Mike Wheatley, president and
CEO-Choptank Electric Cooperative. "Voltage optimization was an
obvious next step in our grid modernization efforts after having
made the investment in AMI. Using DVI's proven EDGE® VVO
solution will allow us to reduce our system peak and improve
operating expenses through lower demand charges."
"NRTC's members demand solutions that have a strong return on
investment that can bring value immediately to the cooperative and
its members," said Tim Bryan,
CEO-NRTC. "The business case for Choptank was very strong and the NRTC is
pleased to have played a role in helping bring both DVI and
Choptank together for this
important project."
"More and more utilities and co-ops, such as Choptank, are looking at VVO as a "no regret"
investment decision to aid in managing capacity and overall energy
efficiency," said Todd Headlee,
executive director-DVI. "DVI is grateful to both Choptank and NRTC for identifying the
opportunity allowing us to serve its members."
DVI will be demonstrating the EDGE® product offering in booth
#644 at TechAdvantage, the leading technology conference &
exhibition event for electric cooperative professionals, from
February 25th – 28th, 2018 in
Nashville, Tennessee. To
understand the business case for how DVI can help reduce operating
expenses and create energy efficiency savings at your specific
utility, please contact DVIinfo@dvigridolutions.com.
About DVI
DVI is the leading provider of Volt/VAR optimization technology,
providing solutions for energy efficiency, demand response,
Volt/VAR control, and system reliability. DVI's patented approach
plans, manages and validates utilities' grid optimization programs
while delivering significant savings to both utilities and their
customers (U.S. patents 8437883, 8577510, 9354641, 9563218,
9582020, and other U.S. and international patents pending). For
more information about DVI, visit www.dvigridsolutions.com.
About Dominion Energy
Dominion Energy (NYSE:D) is one of the nation's largest
producers and transporters of energy, with a portfolio of
approximately 25,900 megawatts of generation, 14,800 miles of
natural gas transmission, gathering and storage pipeline, and 6,600
miles of electric transmission lines. Dominion Energy operates one
of the nation's largest natural gas storage systems with 1 trillion
cubic feet of storage capacity and serves more than 6 million
utility and retail energy customers. For more information about
Dominion Energy, visit the company's website at
www.dominionenergy.com.
About Choptank Electric Cooperative
Choptank Electric is an electric distribution cooperative
serving approximately 54,000 members on Maryland's Eastern Shore. Founded in 1938,
Choptank Electric is committed to providing safe, reliable, and
cost effective electricity to its members. Read more about Choptank
Electric at www.choptankelectric.coop
About NRTC
NRTC is member driven and technology focused. NRTC provides
technology solutions that help our 1,500 electric and telephone
members bring all of the advantages of today's evolving technology
to rural America. NRTC's products and services are developed
specifically to meet the needs of rural utilities and their
customers, and include integrated smart grid and utility solutions,
data analytics, advanced energy, broadband infrastructure and
managed network services, wireless technologies and programming
distribution capabilities for video providers. NRTC helps
ensure our members' success by aggregating their individual buying
power, negotiating national contracts, and helping members
integrate technology solutions with existing infrastructure.
View original
content:http://www.prnewswire.com/news-releases/choptank-electric-cooperative-to-deploy-dvis-vvo-solutions-to-keep-rates-low-reduce-supply-costs-300601960.html
SOURCE Dominion Voltage Inc.