Dominion Energy Inc. , today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles for the three months ended March 31, 2025, of $646 million compared with net income of $441 million for the same period in 2024. Operating earnings for the three months ended March 31, 2025, were $803 million , compared to operating earnings of $485 million for the same period in 2024 [...]
Dominion Energy today announced new responsibilities for three senior executives related to the retirement of Diane Leopold, executive vice president and chief operating officer, that are effective June 1, 2025. As previously announced, Edward H. "Ed" Baine, president-Utility Operations and Dominion Energy Virginia, now oversees operations for the company's utilities serving Virginia, North Carolina, and South Carolina [...]
Dominion Energy will host its first-quarter 2025 earnings call at 11 a.m. ET on Thursday, May 1, 2025. Management will discuss matters of interest to financial and other stakeholders including recent financial results. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com. For individuals who [...]
In separate filings with the Virginia State Corporation Commission yesterday, Dominion Energy Virginia proposed new base and fuel rates that will allow the company to continue delivering reliable, affordable and increasingly clean energy to its customers. The company requested base rate increases of $8.51 per month in 2026 and $2.00 per month in 2027 for a typical residential customer. If approved, this would be the [...]
Companies will jointly develop transmission projects in Virginia, West Virginia and Maryland to reliably serve the region's growing power demand Needed transmission reliability investments will also increase the grid's resiliency and capacity to support new generation Projects are in the early stages of development, with more detailed plans for permitting, regulatory approvals and public participation expected in the [...]
Regional grid operator PJM Interconnection has selected several electric transmission projects that will be jointly developed by Dominion Energy, American Electric Power Company through its Transource Energy affiliate and FirstEnergy Transmission, LLC across multiple states within the PJM footprint. The companies jointly proposed the projects through PJM's Regional Transmission Expansion Plan Open Window process in [...]
Dominion Energy and the Library of Virginia are pleased to announce the 2025 Strong Men & Women in Virginia History honorees and Student Creative Expressions Contest finalists. This annual program recognizes notable African American business and community leaders who have overcome obstacles to make significant impacts across the state. "This year's Strong Men & Women in Virginia History honorees are trailblazers whose [...]
Dominion Energy Inc. , today provided several updates for the Coastal Virginia Offshore Wind project. The 2.6 GW, fully permitted project is now approximately 50% complete and remains on track for on-time completion at the end of 2026. CVOW is credited with creating 2,000 direct and indirect American jobs and $2 billion of economic activity. Significant construction progress supports on-time completion CVOW continues to [...]
The board of directors of Dominion Energy has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on March 20, 2025, to shareholders of record at the close of business Feb. 28, 2025. This is the 388th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared October 31, 2024. News [...]
Nonprofit organizations within Dominion Energy's service areas are invited to apply for grants from the Dominion Energy Charitable Foundation. Grants will be awarded to support programs and specific projects that focus on human needs, environmental stewardship, education, and community vitality. The foundation accepts grant requests twice per year - once in the spring and once in the fall. The spring grant application [...]
Dominion Energy is prepared for the impact of winter weather in South Carolina this weekend, which is expected to bring a wintry mix of precipitation across parts of the company's service territory on Friday. The company urges customers to stay safe and be prepared for potential power outages. As winter precipitation can change quickly, crews are ready to respond and will be flexible no matter the weather or its timing [...]