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On December 23, 2020, the Virginia State Corporation Commission (the “Commission”) issued an Order (the “Order”) adopting Rules Governing Shared Solar Program, 20 VAC 5-340-10
et seq. (the “Rules”), effective as of January 1, 2021. The Rules govern the development of shared solar facilities and participation in the shared solar program. The Rules were adopted pursuant to Virginia Code § 56-594.3, which required that, by January 1, 2021, the Commission establish a program affording customers of Virginia Electric and Power Company (d/b/a Dominion Energy Virginia) (Dominion) the opportunity to participate in shared solar projects.