This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Dominion Virginia Power Residential Customers Can Earn Money While Saving Money

RICHMOND, Va., June 19, 2014 /PRNewswire/ -- Dominion (NYSE: D) Virginia Power is again offering customers an opportunity to earn money this summer and help manage energy use with the Smart Cooling Rewards program. Nearly 100,000 Dominion customers participate and earn a $40 credit.

The program works by automatically cycling a customer's air conditioner or heat pump compressor on and off for defined intervals. Customers can enroll through Manage Your Account (MYA) or by calling 1-888-366-8280 . Customers needing more information or with questions about meeting the eligibility requirements can access FAQs here. You can also view a video of the how the project works.

"This program is an excellent way for our customers to automatically earn a credit on their energy bill, while helping to meet Virginia's growing energy needs," said Gianna Clark, vice president of Customer Service. "By easing the demand on the power grid, customers help control their costs while supporting grid reliability."

The Smart Cooling Rewards program will reduce the demand on the electrical system by approximately one kilowatt per home. That's the equivalent of turning off ten-100 watt light bulbs in each home.

Here's how the Smart Cooling Rewards program works:

  • Dominion will install an A/C cycling switch on a customer's outdoor cooling system. Since the work is performed on your outdoor unit, there is no need for an installation appointment. The equipment and installation are free.
  • During periods of high electrical use between June 1 and September 30, Dominion may cycle participating customers' cooling systems on and off at defined intervals. Your fan will stay on, circulating already cooled air.
  • Cycling times are limited to weekdays (no weekends or holidays) typically for 2-4 hours between the hours of 2 p.m. and 6 p.m. 
  • Customers may select two days per summer season to opt out of a cycling event and still be eligible for the incentive.

Cycling events are posted on the day of the event to the Smart Cooling Rewards web page for  Virginia  and North Carolina  as well as participating customers' MYA pages. The events are also posted to the Dominion Facebook page and Twitter. The postings typically precede the event by an hour.

Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 23,600 megawatts of generation, 10,900 miles of natural gas transmission, gathering and storage pipeline and 6,400 miles of electric transmission lines.  Dominion operates one of the nation's largest natural gas storage systems with 947 billion cubic feet of storage capacity and serves utility and retail energy customers in 10 states. For more information about Dominion, visit the company's website at

SOURCE Dominion Virginia Power

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs