The Nuclear Regulatory Commission has approved Dominion Energy South Carolina's application to extend the operating license for V.C. Summer Nuclear Station for an additional 20 years. Located in Fairfield County, South Carolina, V.C. Summer provides electricity for customers of Dominion Energy and state-owned Santee Cooper. The 966-megawatt nuclear unit generates enough carbon-free electricity to power nearly 242,000 [...]
Dominion Energy today announced the promotion of Edward H. "Ed" Baine to executive vice president-Utility Operations and president-Dominion Energy Virginia. Baine has been leading Utility Operations - consisting of Dominion Energy Virginia and Dominion Energy South Carolina, together serving more than 4 million customer accounts - since Jan. 1, 2025, as president, and has led Dominion Energy Virginia as president since [...]
Dominion Energy Inc. , announced that the company's board of directors has elected a new independent director, Jeffrey J. "Jeff" Lyash, effective today, June 25. The election is part of Dominion Energy's ongoing commitment to strong corporate governance and regular refreshment of its board of directors. The company has added seven new directors since 2019, with an average tenure for the entire board of 7.4 years. Lyash [...]
As the Atlantic hurricane season begins, Dominion Energy has finished burying more than 2,500 miles of the most outage-prone power lines in Virginia. Burying these lines significantly reduces power outages and restoration time during storms. The work is part of the company's Strategic Underground Program, which was launched in 2014. The program targets areas with the most outages from fallen trees, the leading cause of [...]
The Dominion Energy Charitable Foundation recently awarded $10 million in grants to nonprofit organizations across multiple states. Grants were awarded to 352 organizations across the Dominion Energy footprint, including 190 organizations in Virginia. This funding supports a variety of programs and services, including access to healthy meals for seniors, enhancing accessibility at nature trails, mental health services at [...]
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, 2025, to shareholders of record at the close of business May 29, 2025. This is the 389th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared January 24, 2025. News [...]
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 [...]
+100,00 %
-13,11 %
