VA·Regulatory Docket·Virginia State Corporation Commission
PUR-2025-00085
Appalachian Power Petition for Approval to Incur Small Modular Reactor (SMR) Project Development Costs
Filed 2025-05-16
Summary
Appalachian Power Company (APCo) petitioned under Va. Code Sec. 56-585.1:15 for approval to incur roughly $122 million in early development costs for a small modular nuclear reactor on a site in Campbell County along the James River. The SCC approved the petition by final order in November 2025, directing APCo to pursue federal grants; cost recovery to be sought via a future rider.
Source
NEI State Legislation Report
https://reisingergooch.com/virginia-energy-regulatory-updates-november-2025/