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, 2023, to shareholders of record at the close of business Sept. 1, 2023. This is the 382nd consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 10, 2023. View original [...]
Consistent with the priorities & commitments of ongoing business review Sale expected to close by year-end 2023, subject to standard HSR clearance Highly credit accretive; 100% of after-tax proceeds are expected to be used to retire debt Dominion Energy today announced that it has concluded a robust and competitive sale process and executed a definitive agreement to sell its 50% noncontrolling limited partner interest in [...]
Dominion Energy will host its second-quarter 2023 earnings call at 10 a.m. ET on Friday, Aug. 4, 2023. 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 [...]
Dominion Energy is encouraging customers to be on alert against utility scams. "As technology advances, utility scams are becoming more sophisticated and harder to detect," said Utibe Bassey, Dominion Energy's Vice President of Customer Experience. "We encourage our customers to be on alert, recognize the signs of scams and take action to protect yourself." Here are the telltale warning signs to help you avoid becoming a [...]
Residential customers will see $14 in average monthly savings Residential rates now 20% below national average, 39% below regional average Company separately initiates biennial base rate review, seeking no increase to base rates RICHMOND, Va., July 5, 2023 /PRNewswire/ -- Beginning July 1, Dominion Energy Virginia is lowering its rates by about $14 a month for typical residential customers, with lower rates also going [...]
Dominion Energy has updated its second-quarter operating earnings guidance range to $0.44 to $0.50 per share. The revised guidance reflects the estimated impact of historically mild weather, unplanned outages at the Millstone Power Station, and positive factors such as lower costs. The original second-quarter guidance range was $0.58 to $0.68 per share. Given the pending business review, the company has not provided [...]
With warmer temperatures approaching, Dominion Energy Virginia is offering customers several bill assistance options and ways to save, while staying cool this summer. "When dealing with extremely hot temperatures, we recommend starting at the thermostat," said Ed Baine, President of Dominion Energy Virginia. "Up to 50% of a customer's annual energy costs come from heating and cooling. We recommend focusing on ways to keep [...]
11th annual program recognizes African American leaders and their contributions to the Commonwealth This year's honorees include an Air Force Pilot, a Nuclear Engineer, a CEO, and a Farmer Four high school student winners of creative contest also recognized Dominion Energy and the Library of Virginia are pleased to announce the 2023 Strong Men & Women in Virginia History honorees and Student Creative Expressions Contest [...]
The Atlantic hurricane season begins Thursday, June 1 and runs through Nov. 30. Dominion Energy encourages everyone to use this opportunity to make sure they are prepared for the next storm, whenever it may come. "When a major storm hits, we work hard to keep the lights on and restore them quickly when power goes out," said Jason Holland, Dominion Energy Virginia's Director of Electric Distribution Operations Centers and [...]
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 June 20, 2023, to shareholders of record at the close of business June 2, 2023. This is the 381st consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Feb. 8, 2023. View original [...]
First-quarter 2023 GAAP net income of $1.17 per share; operating earnings of $0.99 per share Company initiates second quarter 2023 operating earnings guidance of $0.58 to $0.68 per share Dominion Energy today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles for the three months ended March 31, 2023, of $997 million compared with net income of $711 million for the same [...]
Dominion Energy Virginia submitted plans with the Virginia State Corporation Commission today that, if approved, would provide $7 - $14 in monthly savings for the typical residential customer beginning July 1. Additionally, the company filed its Integrated Resource Plan . "We must keep our rates as affordable as possible, especially given the economic pressures affecting our customers," said Ed Baine, President of [...]
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