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 provides regulated electric and natural gas utility service and reports recurring developments tied to earnings, dividends, rate proceedings, generation projects, and customer operations. The company serves electric customers in Virginia, North Carolina, and South Carolina, provides regulated natural gas service in South Carolina, and develops and operates regulated offshore wind and solar power.
Company news commonly covers GAAP and operating earnings, guidance, board dividend actions, Public Service Commission matters involving Dominion Energy South Carolina, utility-safety programs such as 811 reminders, vegetation management agreements, and community initiatives in its service territories.
On July 23, 2020, Dominion Energy (NYSE: D) announced a significant $35 million initiative aimed at promoting higher education equity for 11 historically black colleges and universities across Virginia, Ohio, North Carolina, and South Carolina. The program includes $25 million in funding for selected institutions and a $10 million scholarship fund for African American and underrepresented minority students in the company's service area. The initiative focuses on operational needs, urgent capital support, endowments, and scholarships to enhance educational opportunities.
Dominion Energy (NYSE: D) has announced a $35 million initiative aimed at supporting African American and underrepresented minority students. This six-year program will focus on historically black colleges and universities in Virginia, Ohio, North Carolina, and South Carolina. Furthermore, a $10 million scholarship fund will be established to assist students across the company's service area. This initiative builds on nearly 40 years of support for educational equity and follows a recent $5 million commitment for social justice efforts.
Dominion Energy (NYSE: D) will hold its second-quarter earnings conference call on July 31, 2020, at 10 a.m. ET. During this call, management will discuss financial results and other key topics for investors. Callers can join by dialing 1-800-341-6228 for domestic or 1-334-777-6993 for international access, using the passcode 69931782#. A live webcast will also be available on the investor site. A replay of the call starts at 2 p.m. ET on the same day and will be accessible until August 7.
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Dominion Energy offers several programs to help customers save on energy bills as summer heat increases amid the pandemic. Customers can access discounts on energy-efficient products and appliances, potentially saving up to $100 on select items. The Smart Cooling Rewards Program allows participants to earn a $40 credit while reducing energy demand. Other tips include adjusting thermostats, running appliances at night, and closing blinds. Since 2008, the company has saved 760 gigawatt hours and provided over $177 million in rebates. Dominion Energy aims for net-zero carbon emissions by 2050.
Dominion Energy Ohio is enhancing support for customers experiencing financial hardship due to COVID-19. The company offers flexible payment options for past due balances and increased funding for the EnergyShare program, which aids those in need. Following a suspension of disconnections since March, Dominion Energy plans to gradually resume normal credit operations after August 3. Key initiatives include the Budget Plus payment plan, waiver of deposit requirements, and a $150,000 increase in EnergyShare funds. Customers are encouraged to utilize these resources during this challenging time.