1. VOWTAP Progress Report VOWDA December 2, 2015

2. DOE Grants VOWTAP Extension No Cost Time Extension until May 31, 2016 Conditional upon achievement of two milestones – Issue request for proposals for the fabrication and construction of VOWTAP and receive and formally evaluate bids. – Provide DOE a letter from Dominion’s Board or Authorized Representative stating it will submit a Cost Recovery Rider to the State Corporation Commission no later than July 31, 2016

3. Major Construction Request For Proposals Issued Transportation, Erection and Installation of the Inward Battered Guide Structure Foundations (IBGS) and Wind Turbine Generators (WTG) – 6 Bidders Final Design, Manufacture, Transportation, Installation, Horizontal Directional Drilling and Termination of the Export and Inter-array Cables – 4 Bidders Engaged K2 to provide lessons learned and review scope of work for RFPs Issued November 17, 2015 Responses due January 15, 2016

4. Additional Pricing Activities Scheduled for Q1 2016 Request for Proposals for smaller work scopes – Foundation fabrication – On shore interconnection station equipment and installation Updated estimates from project partners and industry contacts for remaining VOWTAP scope – Instrumentation – Commissioning – Project Management Final compiled estimate will be reviewed by a third party

5. Q4 2015 Develop and Issue major construction work RFPs Engaged a recognized 3 rd party offshore wind management company Develop optimal scope of work packages No later than May 1, 2016 Provide DOE with proof of milestone achievement RFP results and final estimate Dominion commitment letter regarding SCC submittal by July 31. 2016 Q1 2016 Issue small scope RFPs Develop final estimate based on results of all RFPs Analyze RFP results Revise project estimates and risk profile May 31, 2016 DOE supports funding for future budget periods Confirm DOE funding commitment Q2 2016 Dominion Governance Approvals to Proceed Update stakeholders Prepare filing Achievable Schedule, Clearly Defined Milestones

6. Questions