Report analyzes potential paths to achieving Net Zero carbon dioxide and methane emissions for Scopes 1, 2 and material categories of Scope 3 by 2050 across company's businesses Includes expanded, detailed scenario analyses consistent with the Paris Agreement and reflecting a range of potential global warming pathways Supports company's decarbonization strategy and investment plans Dominion Energy today released an [...]
Bureau of Ocean Energy Management issues draft Environmental Impact Statement for Coastal Virginia Offshore Wind commercial project Public comment period on environmental review is open for 60 days CVOW remains on schedule to begin offshore construction in 2024 and is expected to conclude in late 2026 Dominion Energy's Coastal Virginia Offshore Wind commercial project reached a major regulatory milestone today when the [...]
93 Exciting Units Will Celebrate "A Very RVA Christmas" The lineup is set for the 39th annual Dominion Energy Christmas Parade! The event will bring back fan favorites like the Acca Shriners mini patrol, Magic & Merriment princesses, the VCU Peppas, and Legendary Santa! Nutzy and Nutasha from The Flying Squirrels lead the parade as this year's Grand Marshals and will serve up the "Funn" along the 2.2-mile parade route on [...]
This Utility Scam Awareness Day, Dominion Energy is urging customers to watch out for utility scammers by sharing the most common red flags. "Even if the caller ID says Dominion Energy, our customers should be on alert about demands for immediate payment and threats of service disconnection," said Utibe Bassey, Dominion Energy's vice president of Customer Experience. "That is not how we do business. When any warning sign [...]
RICHMOND, Va., Nov. 15, 2022 /PRNewswire/ -- With colder temperatures on the way, Dominion Energy Virginia is offering several assistance programs to help customers with their winter heating bills. The winter months typically bring higher energy bills as customers use more electricity to heat their homes. "With higher fuel costs this winter, more of our customers will need assistance with their power bills," said Ed [...]
Dominion Energy today announced the promotion of Steven D. Ridge to senior vice president and chief financial officer, succeeding James R. Chapman, who will be leaving the company for a senior finance role outside the utility industry after a transition period. Ridge will assume his new role - in which he will be responsible for corporate and financial planning, investor relations, tax, treasury, mergers and acquisitions [...]
Third-quarter 2022 GAAP reported net income of $0.91 per share Third-quarter 2022 operating earnings of $1.11 per share Company initiates fourth-quarter 2022 operating earnings guidance of $0.98 to $1.13 per share; narrows 2022 operating earnings guidance range to $4.03 to $4.18 per share Initiates 'top-to-bottom' business review within context of continued commitment to state-regulated utility profile with an [...]
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 Dec. 20, 2022, to shareholders of record at the close of business Dec. 2, 2022. This is the 379th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Aug. 3, 2022. View original [...]
Proposed agreement balances stakeholder interests; keeps the project on schedule, on budget If approved, significant customer benefits include protection from unforeseen increases in construction costs above the project's budget & enhanced SCC review of performance in lieu of a performance guarantee Customer-focused regulated utility framework allows Dominion Energy to prioritize reliability, affordability for customers [...]
Dominion Energy has hired more than 1,600 veterans since initiative began in 2012 More than 3,000 veterans currently work for the company, about 18% of the workforce Company offers specialized training, college credits and other resources to support veteran employees This year marks the 10th anniversary of the Troops to Energy Jobs initiative spearheaded by Dominion Energy's former Chair and CEO Tom Farrell. What began as [...]
Proposed projects exceed 800 megawatts, enough to power more than 200,000 homes Projects will support nearly 4,800 jobs and more than $920 million in economic benefits Increasing use of renewables reduces fuel costs for Virginia customers In its third annual clean energy filing with the Virginia State Corporation Commission , Dominion Energy Virginia on Friday proposed nearly two dozen new solar and energy storage [...]
Philanthropic grants awarded to 185 organizations across eight states Nearly $450,000 donated to 68 organizations in Virginia Grants focus on food security, housing and health care in Dominion Energy service areas The Dominion Energy Charitable Foundation has awarded $1.2 million in philanthropic grants to 185 nonprofit organizations across eight states, including nearly $450,000 for 68 organizations in Virginia. The [...]