- Dominion Energy expands EnergyShare program in Virginia from $13 million to $14 million to help customers managing coronavirus impact - $500,000 designated for small businesses, nonprofits and houses of worship, $500,000 for residential customers - Partnership with Virginia Chamber of Commerce Foundation raises awareness within business community for EnergyShare assistance Small business and residential customers facing [...]
- Power now restored to more than 97% of customers impacted - Nearly all customers impacted by Tropical Storm Isaias will have power restored today - Small number of customers in hardest hit areas will have power restored Friday Dominion Energy crews continued restoration efforts following Tropical Storm Isaias, working around the clock to return service to customers impacted by the storm. As of 10 am Thursday, service [...]
- More than 500,000 customers lost power through midday Tuesday - Crews assessing damage as restoration process is underway - Customers should prepare and plan for potential multi-day outages Dominion Energy crews have begun restoration efforts following heavy rain, winds with gusts up to 60 mph, and reported tornados from Tropical Storm Isaias in Virginia and northeastern North Carolina. In all, more than 500,000 [...]
The following is a letter to U.S. newsrooms from Dominion Energy to provide information about how the company is prepared to respond to power outages caused by Hurricane Isaias. Newsrooms, Dominion Energy is ready to respond should Hurricane Isaias cause power outages. We appreciate your help sharing these safety tips with your audiences. To help you in your coverage, here's a link to download video of our crews prepping [...]
- Second-quarter 2020 GAAP net loss of $1.41 per share; operating earnings of $0.82 per share - Company initiates third-quarter 2020 operating earnings guidance of $0.85 to $1.05 per share - Company affirms full-year 2020 operating earnings guidance of $3.37 to $3.63 per share Dominion Energy today announced an unaudited net loss determined in accordance with Generally Accepted Accounting Principles for the three months [...]
- Farrell to become executive chair - Blue to be promoted to president and chief executive officer - Leopold will be promoted to company's sole chief operating officer - Baine to lead Dominion Energy Virginia operating segment Dominion Energy today announced that Thomas F. Farrell, II, chairman, president and chief executive officer, will become the company's executive chair, effective Oct. 1, 2020. In that role, Farrell [...]
The board of directors of Dominion Energy has declared a quarterly dividend of 94 cents per share of common stock. Dividends are payable on Sept. 20, 2020, to shareholders of record at the close of business Sept. 4, 2020. This is the 370th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 6, 2020. View original [...]
"HBCU Promise" Program Supports Schools in Virginia, South Carolina, Ohio and North Carolina Dominion Energy today announced that 11 historically black colleges and universities in Virginia, Ohio, North Carolina and South Carolina will receive support through a $35 million initiative aimed at promoting higher education equity. The six-year "HBCU Promise" program will provide $25 million in funding to select institutions [...]
- $25 million for HBCUs in Virginia, Ohio, North Carolina and South Carolina - $10 million scholarship fund will support African American and underrepresented minority students across Dominion Energy service territory Dominion Energy is launching a $35 million initiative in support of African American and underrepresented minority students. This six-year program will support historically black colleges and universities in [...]
Dominion Energy Inc. will host its second-quarter earnings conference call at 10 a.m. ET on Friday, July 31, 2020. Management will discuss second-quarter financial results and other matters of interest to the financial community. Domestic callers should dial 1-800-341-6228. International callers should dial 1-334-777-6993. The passcode for the conference call is 69931782#. Participants should dial in 10 to 15 minutes [...]
Pro forma company combines premier state-regulated utility operations with comprehensive net zero targets including one of the nation's largest zero-carbon power generation investment programs - Upward revision to long-term operating earnings-per-share growth rate guidance - Rebased dividend to reflect revised model; peer-aligned payout and increased long-term growth rate - Improved credit profile and balance sheet [...]
RICHMOND, Va. and Dominion Energy and Duke Energy today announced the cancelation of the Atlantic Coast Pipeline due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project. Despite last month's overwhelming 7-2 victory at the United States Supreme Court, which vindicated the project and decisions made by permitting agencies, recent developments have created an unacceptable [...]
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