© 2021
Telling West Virginia's Story
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
WVPB News

Dominion: Pipeline Means $25 Million in Property Taxes

ACP.jpg
Dominion Resources

Energy provider Dominion Resources says a proposed pipeline that would deliver natural gas to the Southeast would provide more than $25 million in annual local property taxes.

The Richmond, Virginia-based company said Monday it has provided the property tax estimates to local governments regarding the $5 billion Atlantic Coast Pipeline.

The property taxes range from $8 million in West Virginia to more than $10 million annually in Virginia and $6 million in North Carolina.

Payments may begin as early as 2016. If approved by federal regulators, the pipeline is projected to be in service by late 2018.

The 550-mile pipeline that would run through West Virginia, Virginia and North Carolina is a joint venture between Dominion, Duke Energy, Piedmont Natural Gas and AGL Resources.


WVPB is local news, education, music, and entertainment for West Virginia.
Your donation today will help keep us strong and vital.