Dominion Energy will host its third-quarter 2024 earnings call at 10 a.m. ET on Friday, Nov. 1, 2024. 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 [...]
Final of three gas utility closings as part of Enbridge transactions announced in September 2023 Another major milestone in successful conclusion of company's top-to-bottom business review Dominion Energy Inc. , today announced closure of the sale of its Gastonia, N.C.-based natural gas utility, Public Service Company of North Carolina, Incorporated, to Enbridge Inc. for approximately $3.2 billion, including assumed [...]
Dominion Energy Virginia today announced the launch of the Residential Charger Program, a new turnkey solution for customers interested in a Level 2 home charging system for their electric vehicle . The program reduces upfront costs by allowing participating customers to pay for charging equipment and installation over time on their monthly bills. It also reduces barriers to installation by offering turnkey implementation [...]
Dominion Energy Inc. , announced today that it will redeem for cash all of its outstanding 2014 Series A Enhanced Junior Subordinated Notes due 2054 on Oct. 8, 2024 , at a price of 100% of the principal amount of the Notes, plus accrued and unpaid interest through, but not including, the Redemption Date. The total principal amount of the Notes outstanding is $685 million. As previously announced, in May 2024, Dominion [...]
Nuclear Regulatory Commission extends North Anna's operating license through 2060, ensuring reliable, carbon-free power for decades The Nuclear Regulatory Commission today approved Dominion Energy Virginia's application to extend North Anna Power Station's operating licenses for an additional 20 years. The power station operates two nuclear reactors in Louisa County, Va., and generates enough carbon-free electricity to [...]
Dominion Energy submits winning bid of $17.7 million for a second lease area off the coast of Virginia Beach; equates to $100 per acre Acquisition provides the option to deploy additional regulated offshore wind generation to serve unprecedented electric demand growth using all-of-the-above approach supportive of goals of Virginia Clean Economy Act Company's focus remains on completing the 2.6-gigawatt Coastal Virginia [...]
Dominion Energy remains on target to install between 70-100 monopile foundations by end of October Coastal Virginia Offshore Wind remains on budget and on schedule to complete construction in late 2026 Dominion Energy announced today the 50th monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind was installed 33 miles off the coast of Virginia Beach, keeping the project on schedule to hit the company's [...]
Grants support human needs, environmental stewardship, education, and community vitality Funding is available to organizations in areas where Dominion Energy provides electricity or natural gas or has significant business interests Deadline to apply for the fall grant cycle is Sept. 12, 2024 at 5 p.m. ET Nonprofit organizations within Dominion Energy's service areas are encouraged to apply for grants from the Dominion [...]
Second-quarter 2024 GAAP net income of $0.65 per share; operating earnings of $0.65 per share Company reaffirms all financial guidance provided at its March 1, 2024, investor meeting, including guidance related to earnings, credit, and dividend RICHMOND, Va., Aug. 1, 2024 /PRNewswire/ -- Dominion Energy Inc. , today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles for [...]
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 Sept. 20, 2024, to shareholders of record at the close of business Aug. 30, 2024. This is the 386th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 7, 2024. View original [...]
Compared to rates at time of original request in March and offset by fuel cost reduction and other factors, settlement's rate request would represent net 1% increase for residential customer's electric rate Significant proposed customer benefits include bill credit, additional energy efficiency funds No change to Dominion Energy's existing financial guidance Dominion Energy South Carolina, Inc. , a wholly owned subsidiary [...]
Dominion Energy Virginia today announced it has issued a Request for Proposals from leading SMR nuclear technology companies to evaluate the feasibility of developing an SMR at the company's North Anna Power Station in Louisa County, Va. While the RFP is not a commitment to build an SMR at North Anna, it is an important first step in evaluating the technology and the North Anna site to support Dominion Energy customers [...]