In quoting the Hearing Examiner’s report, the Commission stated that: “Roanoke Gas’s project has the potential to achieve a rare combination of increasing local fuel supply, reducing greenhouse gas emissions, and increasing a utility’s profit while also lowering customer rates.”
The RNG facility is being constructed simultaneously with the rehabilitation of the WVWA’s digesters. In total, the combined projects represent an approximately
Roanoke Gas’ investment in the RNG facility, with recovery of the costs from its customers, represents the first investment in a RNG facility under the Virginia Energy Innovation Act, which became law
The statements in this release that are not historical facts constitute “forward-looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company’s actual results and experience to differ materially from any expectations expressed in the Company’s forward-looking statements, regarding customer growth, infrastructure investment and margins. These risks and uncertainties include gas prices and supply, geopolitical considerations and regulatory and legal challenges and those set forth in the Company’s Form 10-K for the year ended
Past performance is not necessarily a predictor of future results.
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Senior Vice President, Regulatory and External Affairs | |
Telephone: | 540-777-3985 |
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