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 [...]
40,000-acre lease, currently known as Kitty Hawk North Wind, will be renamed CVOW-South and could support 800 MW of offshore wind generation capacity in the 2030s Acquisition provides optionality 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 Transaction value of ~$160 million consists [...]
Dominion Energy will host its second-quarter 2024 earnings call at 10 a.m. ET on Thursday, Aug. 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 [...]
It's summer, and the hot weather is here. Dominion Energy Virginia is reminding customers of simple energy-saving tips, as well as all the programs that help customers save even more on their energy use and provide bill payment assistance for those in need. "Air conditioning is the most energy intensive appliance in your home, so our customers use a lot more energy when it's hot outside," said Ed Baine, President of [...]
Nearly $3 million awarded to over 200 nonprofits in Virginia Grants awarded to 373 organizations across seven states Funding supports human needs, environmental stewardship, education, and community vitality The Dominion Energy Charitable Foundation recently awarded more than $4.2 million in grants to nonprofit organizations across seven states. These recipients will expand nutritious options in communities facing food [...]
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