With warmer temperatures approaching, Dominion Energy Virginia is offering customers several bill assistance options and ways to save, while staying cool this summer. "When dealing with extremely hot temperatures, we recommend starting at the thermostat," said Ed Baine, President of Dominion Energy Virginia. "Up to 50% of a customer's annual energy costs come from heating and cooling. We recommend focusing on ways to keep [...]
11th annual program recognizes African American leaders and their contributions to the Commonwealth This year's honorees include an Air Force Pilot, a Nuclear Engineer, a CEO, and a Farmer Four high school student winners of creative contest also recognized Dominion Energy and the Library of Virginia are pleased to announce the 2023 Strong Men & Women in Virginia History honorees and Student Creative Expressions Contest [...]
The Atlantic hurricane season begins Thursday, June 1 and runs through Nov. 30. Dominion Energy encourages everyone to use this opportunity to make sure they are prepared for the next storm, whenever it may come. "When a major storm hits, we work hard to keep the lights on and restore them quickly when power goes out," said Jason Holland, Dominion Energy Virginia's Director of Electric Distribution Operations Centers and [...]
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, 2023, to shareholders of record at the close of business June 2, 2023. This is the 381st consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared Feb. 8, 2023. View original [...]
First-quarter 2023 GAAP net income of $1.17 per share; operating earnings of $0.99 per share Company initiates second quarter 2023 operating earnings guidance of $0.58 to $0.68 per share Dominion Energy today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles for the three months ended March 31, 2023, of $997 million compared with net income of $711 million for the same [...]
Dominion Energy Virginia submitted plans with the Virginia State Corporation Commission today that, if approved, would provide $7 - $14 in monthly savings for the typical residential customer beginning July 1. Additionally, the company filed its Integrated Resource Plan . "We must keep our rates as affordable as possible, especially given the economic pressures affecting our customers," said Ed Baine, President of [...]
Projects exceed 800 megawatts, enough clean energy to power 200,000 Virginia homes Customers will see more than $250 million in fuel savings in first 10 years of operation The Virginia State Corporation Commission approved today nearly two dozen new solar and energy storage projects to help meet the growing needs of Dominion Energy Virginia customers. Once in operation, the projects will generate more than 800 megawatts [...]
Dominion Energy today announced that Daniel G. Stoddard, senior vice president & chief nuclear officer and president-Contracted Assets, will retire, effective Aug. 1, 2023. The company also announced that it has hired Eric S. Carr, president and chief nuclear officer of PSEG Nuclear. Carr will begin his tenure at Dominion Energy on June 5, 2023, as president-Nuclear Operations and will add the chief nuclear officer title [...]
It's National Safe Digging Month, an opportunity for utilities nationwide to remind their customers and communities to put safety first by always contacting 811 to have underground utility lines located and marked before any project that involves digging. Every 9 minutes an underground utility line is damaged because someone decided to dig without first contacting 811. Every dig counts. Even striking a single line while [...]
Dominion Energy will host its first-quarter 2023 earnings call at 10 a.m. ET on Friday, May 5, 2023. 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 [...]
New hydrogen blending project in Delta provides a way to reduce emissions Plans include upgrading to green hydrogen later this year DEU prepares all of its distribution system to blend hydrogen by 2030. Dominion Energy Utah launched hydrogen blending in Delta, Utah as part of an ongoing project to explore the opportunities this zero-carbon emissions fuel has to offer. Hydrogen is a clean emerging energy source that holds [...]
Company makes CDP's 2022 'A' List for both Climate Change, Water Security Dominion Energy has earned an "A" for both Climate Change and Water Security in the latest rankings from CDP. The grades denote the company's leadership in transparency and performance on climate change and water security. Dominion Energy was one of nearly 15,000 companies that were scored on their climate and/or water responses to CDP. Only 2% of [...]