Dominion Energy will host its fourth-quarter 2023 earnings call at 10 a.m. ET on Thursday, Feb. 22, 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 [...]
Largest storage facility in the company's fleet is now operating in Chesterfield County Batteries store energy and discharge it to the grid when customers need it the most In the latest expansion of Dominion Energy Virginia's growing renewable fleet, the company's largest battery storage facility to date is now operational. Located in Chesterfield County, the Dry Bridge Battery Energy Storage System can store up to 20 [...]
• Proposed pilot would provide backup power to 6,000-seat venue Dominion Energy Virginia is partnering with Virginia State University to develop an innovative battery storage project that would provide backup power to the VSU Multi-Purpose Center . The MPC, located on the VSU campus, hosts athletic events, conferences, concerts and other community events. The initiative is one of several proposed to the Virginia [...]
National Utility Scam Awareness Day is Nov.15 With another busy holiday season fast approaching, Dominion Energy is reminding customers that utility scammers never take a vacation. "Regardless of what holiday is on the calendar, we want to remind our customers that these scammers never take the day off," said Frank Hinckle, General Manager of Customer Service at Dominion Energy Virginia. "In fact, we often see an increase [...]
Customer rates substantially below national average Virginia Electric and Power Company , a subsidiary of Dominion Energy Inc. , together with the State Corporation Commission Staff , the Office of the Attorney General, and multiple other intervening parties, today submitted a comprehensive settlement in the pending biennial rate case for approval by the State Corporation Commission of Virginia . This settlement balances [...]
As winter approaches, Dominion Energy Virginia is reminding customers of energy-saving tips to help save money and providing bill payment assistance options for customers in need. The fall and winter months typically bring higher energy bills as customers use more electricity to heat their homes. "We offer several programs that help our customers save money and improve the energy efficiency of their homes," said Ed Baine [...]
Priorities & commitments of ongoing business review are unchanged including commitment to current dividend Fully regulated Coastal Virginia Offshore Wind project on time and on budget; company in advanced stages of process to assume a noncontrolling equity financing partner - final strategic step outstanding in business review Company to conclude review upon completion of CVOW partnership decision; expected by year-end [...]
Dominion Energy Inc. , today announced that Ronald W. Jibson and Michael E. Szymanczyk will retire from the company's board of directors, continuing to serve the company on the board until the 2024 Annual Meeting of Shareholders. Jibson was elected to the board in 2016 after the completion of the combination of Dominion Energy and Questar Corp., where he was chairman, president, and chief executive officer. He serves on [...]
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, 2023, to shareholders of record at the close of business Dec. 1, 2023. This is the 383rd consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Aug. 2, 2023. View original [...]
Bureau of Ocean Energy Management issues favorable Record of Decision to conclude environmental review for Coastal Virginia Offshore Wind project Onshore construction will begin later this year and offshore construction is scheduled for early 2024 Dominion Energy's Coastal Virginia Offshore Wind received a favorable Record of Decision from the Bureau of Ocean Energy Management today. The project is on-time and on budget [...]
Dominion Energy today announced the promotion of Steven Ridge, senior vice president and chief financial officer, to executive vice president and chief financial officer of Dominion Energy. The company also announced the promotion of Corynne Arnett, senior vice president-Regulatory and Customer Experience, to executive vice president-Regulatory and Customer Experience. These changes become effective Jan. 1, 2024. Ridge [...]
Coastal Virginia Offshore Wind remains on budget and on schedule Dominion Energy expects to begin offshore construction in early 2024 and to conclude in late 2026 These eight monopile foundations are the first of 176 to be delivered and staged in Portsmouth Dominion Energy's Coastal Virginia Offshore Wind commercial project took one more step to starting construction when the first eight monopile foundations were safely [...]