Dominion Energy Plans to Retire Two Coal Plants, Experts Say Customers Could Save Millions

On Wednesday, an expert analysis filed with regulators revealed that Dominion Energy’s long‑range plan to retire its two large coal plants—Wateree and Williams—will not weaken grid reliability. The study found that if the plants remained online, Dominion would generate far more electricity than needed by 2033, creating excess capacity. By shutting them down as scheduled, the company can reduce generation costs and pass savings on to utility customers. The retirements are part of Dominion’s 2033 energy strategy, and the analysis confirms that the grid will remain robust while customers benefit from lower bills.