February 8, 2014
RICHMOND, Va. (AP) - Dominion Virginia Power plans to invest up to $500 million over the next decade to protect transmission substations against security threats.
The Richmond-based power company has more than 400 electrical substations throughout its 6,400-mile system of high-voltage power transmission lines.
The utility tells the Richmond Times-Dispatch (http://bit.ly/1byVP1G ) it will focus on the highest-risk stations to start.
The plan calls for improving protection for critical equipment, adding to its spare equipment inventory and adding more levels of security for its substations.
The company's nearly 2.4 million customers would pay for the improvements, provided the changes win regulatory approval.