RICHMOND, Va., Feb. 27, 2017 /PRNewswire/ -- Today, Dominion Voltage Inc. (DVI), the leader in Volt/VAR optimization "VVO" solutions and a subsidiary of Dominion Resources Inc. (NYSE: D), announced that they have entered into a value added reseller agreement with NRTC that will deliver DVI's full solution set to the electric cooperative marketplace.
The energy industry is undergoing a transformation across the country as efforts are made to modernize the electric grid. DVI's VVO solution, "EDGE®," helps to make a strong business case for significant investments in automation and upgrades to the distribution system.
"Cooperatives in many ways have led the industry through their grid modernization efforts," said Todd Headlee, executive director of DVI. "As this leadership trend continues, several cooperatives have plans with goals to improve operational efficiencies through demand reduction, to maintain low energy prices to their members, and to increase the grid's renewable hosting capacity. DVI's EDGE® family of solutions is an integral component to achieving these goals. NRTC has a proven track record of providing solutions to this market and DVI is proud to be working with them."
"The DVI team and their EDGE® technology platform have proven themselves to be the best in class in the VVO industry," said Edward Drew, vice president, Utility Solutions at NRTC. "We are thrilled to offer this solution to our membership as many of them are looking at ways to optimize their distribution system and to increase efficiencies through advanced forms of voltage management."
DVI will be demonstrating EDGE® and its other offerings at booth #918 at TechAdvantage, the technology event for electric co-op professionals, from February 27 – March 1, 2017 in San Diego, California.
DVI is the leading provider of Volt/VAR optimization technology, providing solutions for energy efficiency, demand response, Volt/VAR control, and system reliability. DVI's patented approach plans, manages and validates utilities' grid optimization programs while delivering significant savings to both utilities and their customers (U.S. patents 8437883 and 8577510, and other U.S. and international patents pending). For more information about DVI, visit www.dvigridsolutions.com.
Dominion (NYSE: D) is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 24,400 megawatts of generation, 15,000 miles of natural gas transmission, gathering and storage pipeline, and 6,600 miles of electric transmission lines. Dominion operates one of the nation's largest natural gas storage systems with 1 trillion cubic feet of storage capacity and serves more than 6 million utility and retail energy customers. For more information about Dominion, visit the company's website at www.dom.com.
NRTC is member driven and technology focused. NRTC provides technology solutions that help our 1,500 electric and telephone members bring all of the advantages of today's evolving technology to rural America.
NRTC's products and services are developed specifically to meet the needs of rural utilities and their customers, and include integrated smart grid and utility solutions, data analytics, advanced energy, broadband infrastructure and managed network services, wireless technologies and programming distribution capabilities for video providers.
NRTC helps ensure our members' success by aggregating their individual buying power, negotiating national contracts, and helping members integrate technology solutions with existing infrastructure.
SOURCE Dominion Voltage Inc.
For further information: Janell Hancock, DVI, (804) 771-6115, Janell.M.Hancock@dom.com, Chris Martin, NRTC, (703) 787-7288, CMartin@nrtc.coop