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 regulated utility headquartered in Richmond, Virginia that provides electricity to about 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to approximately 500,000 customers in South Carolina. The company’s news flow reflects its role in regulated power and gas distribution, large-scale clean energy projects, and ongoing engagement with regulators, investors, and customers.
On this page, readers can follow Dominion Energy news related to quarterly and annual earnings announcements, dividend declarations, and guidance updates, as described in the company’s press releases and Form 8-K filings. These items often include discussions of GAAP and non-GAAP operating earnings, segment performance for Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy, and commentary on factors affecting results.
Dominion Energy’s news also covers project and regulatory developments, such as updates on the Coastal Virginia Offshore Wind (CVOW) project and actions by the U.S. Department of the Interior’s Bureau of Ocean Energy Management. Statements from the company describe how CVOW and other projects relate to Virginia’s growing energy demand, national security considerations, and the expansion of offshore wind and solar power.
Customer-focused announcements highlight energy-saving programs, bill management tools, and assistance options, including Peak Time Rebates, virtual energy audits, home energy evaluations, Energy Usage Alerts, Budget Billing, and bill payment assistance programs. Dominion Energy also issues seasonal reminders on topics such as utility scam awareness.
By reviewing the news feed for D, investors and observers can see how Dominion Energy communicates about its financial performance, regulatory environment, major capital projects, customer programs, and risk factors that may influence its long-term utility operations.
Dominion Energy (NYSE: D) is set to host its fourth-quarter 2021 earnings call on February 11, 2022, at 10 a.m. ET. Key financial results will be discussed during this call, accessible via live webcast on the investor information pages. For those preferring to join by phone, specific dial-in numbers are provided for domestic and international callers, along with a passcode. A replay will be available later the same day on their investor site. Dominion Energy serves around 7 million customers across 13 states and is committed to achieving net-zero emissions by 2050.
The Virginia State Corporation Commission approved Phase II of Dominion Energy's Grid Transformation Plan, enabling over $650M in investments for 2022 and 2023. This plan aims to optimize the electric grid for distributed energy resources, including renewable energy, energy storage, and electric vehicles. The initiative aligns with Virginia's decarbonization goals and ensures affordable rates while enhancing reliability. Dominion Energy is committed to achieving net zero emissions by 2050, and this phase focuses on integrating smart technology to improve grid operations.
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.
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