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Variable Interest Entities
9 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Variable Interest Entities

Note 15. Variable Interest Entities

There have been no significant changes regarding the entities the Companies consider VIEs as described in Note 16 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2022. Following the completion of the sale of its 50% noncontrolling interest in Cove Point, as discussed in Note 10, Dominion Energy no longer has a variable interest in Cove Point, an entity which it had concluded was a VIE.

Virginia Power

Virginia Power purchased shared services from DES, an affiliated VIE, of $113 million and $96 million for the three months ended September 30, 2023 and 2022, respectively, and $339 million and $290 million for the nine months ended September 30, 2023 and

2022, respectively. Virginia Power’s Consolidated Balance Sheets include amounts due to DES of $29 million and $28 million at September 30, 2023 and December 31, 2022, respectively, recorded in payables to affiliates.