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Dominion’s Offshore Wind Project Sees Slight Price Hike From Tariffs, CEO Says

VIRGINIA, AUG 5 – Dominion Energy’s offshore wind farm faces a $506 million cost increase from steel tariffs but remains 60% built and on track to start power generation by early 2026.

Summary by Utility Dive
The added expenses will increase customer bills by an average of three cents a month over the entire life of the project, said Bob Blue, Dominion’s president, CEO and chairman.

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Utility Dive broke the news in on Monday, August 4, 2025.
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