Welcome to our dedicated page for Dominion Energy news (Ticker: D), a resource for investors and traders seeking the latest updates and insights on Dominion Energy stock.
Dominion Energy Inc. (NYSE: D) is a leading integrated energy provider delivering electricity and natural gas to millions through regulated utilities and renewable infrastructure. This news hub offers investors and stakeholders centralized access to official updates and market-moving developments.
Track critical announcements including quarterly earnings results, regulatory filings, offshore wind project milestones, and grid modernization initiatives. Our curated collection ensures timely access to operational updates, leadership changes, and strategic partnerships that shape Dominion Energy's position in the evolving energy sector.
Key coverage areas include rate case decisions, nuclear facility updates, renewable energy expansions, and infrastructure investment plans. Bookmark this page for efficient monitoring of D's operational performance and regulatory engagements across its East Coast service territories.
Dominion Energy Virginia has restored power to approximately 330,000 of the nearly 400,000 customers affected by a severe winter storm. As of January 5, 2022, the company is deploying 4,800 crews and about 900 mutual aid workers from nine states to assist in restoration efforts, especially in heavily impacted areas like Charlottesville and Fredericksburg. Despite progress, further storms are on the horizon, prompting the company to encourage customers to prepare for additional outages. For updates, visit DominionEnergy.com.
Dominion Energy Virginia is actively restoring power to customers affected by a severe winter storm, which has led to around 400,000 power outages. As of Tuesday at 3 p.m., over 290,000 customers have had their services restored. The storm is categorized as one of the five worst in the company's history, with restoration efforts ongoing, particularly in areas like Charlottesville and Fredericksburg.
Dominion Energy is prepared for possible further weather disruptions this week and encourages customers to stay informed and report outages.
Dominion Energy (NYSE: D) announced the successful closing of the $1.975 billion sale of Questar Pipelines to Southwest Gas Holdings (NYSE: SWX). The deal, finalized on December 31, 2021, includes the assumption of $430 million in debt. Questar Pipelines features FERC-regulated transportation and underground storage assets located in Utah, Wyoming, and Colorado. This sale is part of Dominion Energy's strategy to streamline operations and focus on sustainable energy.
Dominion Energy is expanding its Solar for Students program to solicit new sites in Virginia, North Carolina, and South Carolina. The initiative, funded by a grant from the Dominion Energy Charitable Foundation to the NEED Project, aims to provide K-12 students with hands-on solar energy education through photovoltaic systems. Applications are open until January 30, 2022, for schools within Dominion's service area, with at least 10 sites set to receive solar installations in 2022. Dominion is committed to achieving net zero carbon and methane emissions by 2050.
The board of directors of Dominion Energy (NYSE: D) has announced a 2022 dividend of $2.67 per share, reflecting a 6% increase from the 2021 rate of $2.52 per share. The first quarterly dividend of 66.75 cents per share is set to be paid in March 2022, pending board approval in January. The company serves about 7 million customers across 13 states and is committed to achieving net-zero emissions by 2050.
Dominion Energy Virginia is enhancing energy efficiency for customers this winter with over 20 energy conservation programs. These initiatives include rebates for smart thermostats and energy-efficient lighting. Notable achievements include supporting 58,000 low-income customers and issuing over $240 million in rebates. Upcoming programs include a smart home initiative and proposals for nine additional programs to further reduce energy consumption and costs. The company is committed to achieving net-zero emissions by 2050, aligning with Virginia’s clean energy goals.
Dominion Energy is allocating $500,000 in scholarships for 60 students through its Educational Equity Scholarship Program in 2022. This initiative, part of a $10 million commitment over six years, aims to support underrepresented minority students with their undergraduate education expenses. Eligible students must be high school seniors or graduates, or current college undergraduates from specific states, with a minimum GPA of 3.0. Applications are open from Nov. 30, 2021 to Jan. 25, 2022.
Dominion Energy's Project Plant It! program is open for enrollment for the 2021-2022 academic year, with the initiative encouraging environmental education and tree planting. Participants, including educators and youth leaders, can receive free seedlings and wildflower seed packets to support pollinator gardens. The upcoming Arbor Day on April 29, 2022 and National Wildflower Week from May 1-7, 2022 will coincide with this initiative. Since its inception in 2007, over 730,000 seedlings and seed packets have been distributed, with 102,000 expected in April 2022.
Southwest Gas Holdings has announced the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period, which allows the company to proceed with its acquisition of Dominion Energy Questar Pipeline and its affiliates. This acquisition is expected to close on or before December 31, 2021, pending other customary closing conditions. The transaction will enhance Southwest Gas's capabilities in natural gas distribution and infrastructure services across North America, and is anticipated to provide significant operational synergies.
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