That leads to another key factor: Dominion's status as a regulated utility. Private developers such as Ørsted must finance multi-billion-dollar projects themselves, or find investors, and must seek customers via power-purchase agreements. Dominion, by contrast, will fold the cost of the Coastal Virginia project into its state-approved electricity rates. And Dominion is a vertically integrated power company, meaning that it owns the generation, the transmission, and the distribution of electricity, enabling it to firmly forecast and manage costs.