Dominion Energy Virginia: how it credits the solar power you send to the grid
1:1 net metering with yearly netting kept in Dominion's 2026 successor tariff (“NEM 2.0”); power left over at the end of the 12-month period now earns more than the old avoided-cost rate.
Checked November 12, 2026. Utilities change these rules; check the current tariff before you sign.
How it works
Exported power earns the full retail price, kWh for kWh.
Dominion asked regulators in 2025 to cut the value of exported power nearly in half; the State Corporation Commission kept the energy-based netting over the one-year period instead.
The commission approved 30-minute metering intervals to gather data, but netting for solar customers stays annual.
The new tariff raised the rate paid for annual net excess generation above the old avoided-cost price.
What it means for a typical Virginia home
With full credit, a typical 8 kW system in Virginia (about $20,560 at the 2026 median price) pays for itself in about 11 years and saves about $32,599 over 25 years after its price, paid in cash with no federal credit. It doesn't matter much whether you use the power as it's made or send it out, so a battery adds backup, not savings. Payback by system size in Virginia.
Also in Virginia: Appalachian Power (Virginia) (full retail credit).
All 55 utilities · Solar in Virginia · Lease and PPA terms by company
Sources: Piedmont Environmental Council: SCC keeps Dominion's net metering structure; pv magazine USA: Virginia approves Dominion's NEM 2.0 (May 2026); U.S. Energy Information Administration (EIA), final 2025 data: Annual State Historical Spreadsheets (Form EIA-861, released October 7, 2026) and Electric Power Annual (October 21, 2026); EnergySage: median quoted price, first half of 2026.