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Regulatory Assets and Liabilities (Schedule of Regulatory Assets) (Detail) - USD ($) $ in Millions | 1 Months Ended | 12 Months Ended
--- | --- | ---
Feb. 29, 2024 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [1] |  | $ 992 | $ 1,309 |
Regulatory assets-noncurrent | [1] |  | 8,288 | 8,356 |
Total regulatory assets |  |  | 9,280 | 9,665 |
Impairment of assets and other charges |  |  | 600 | 307 | $ 1,401
Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [2] |  | 697 | 868 |
Regulatory assets-noncurrent | [2] |  | 4,537 | 4,317 |
Total regulatory assets |  |  | 5,234 | 5,185 |
Estimated under-recovered balances |  | $ 1,300 | $ 1,300 |  |
Weighted average |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Weighted average useful life |  |  | 25 years |  |
Weighted average | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Weighted average useful life |  |  | 24 years |  |
SCANA |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Electric service customers over period |  |  | 20 years |  |
Deferred cost of fuel used in electric generation |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [3] |  | $ 38 | 245 |
Regulatory assets-noncurrent | [3] |  | 0 | 1,221 |
Deferred cost of fuel used in electric generation | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [3] |  | 3 | 95 |
Regulatory assets-noncurrent | [3] |  | 0 | 1,221 |
Securitized cost of fuel used in electric generation |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [4] |  | 124 | 0 |
Regulatory assets-noncurrent | [4] |  | 1,040 | 0 |
Securitized cost of fuel used in electric generation | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [4] |  | 124 | 0 |
Regulatory assets-noncurrent | [4] |  | 1,040 | 0 |
Unrecognized Pension and Other Postretirement Benefit Costs |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [5] |  | 486 | 1,036 |
Unrecognized Pension and Other Postretirement Benefit Costs | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [5] |  | 0 | 0 |
Unrecognized Pension and Other Postretirement Benefit Costs | East Ohio, PSNC and Questar Gas |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent |  |  |  | 215 |
Deferred rider costs for Virginia electric utility |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [6] |  | 293 | 270 |
Regulatory assets-noncurrent | [6] |  | 651 | 496 |
Deferred rider costs for Virginia electric utility | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [6] |  | 293 | 270 |
Regulatory assets-noncurrent | [6] |  | 651 | 496 |
Impairment of assets and other charges after tax |  |  |  | 27 |
Impairment of assets and other charges |  |  |  | 36 |
Interest rate hedges |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [7] |  | 167 | 168 |
Interest rate hedges | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [7] |  | 0 | 0 |
AROs and related funding |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [8] |  | $ 387 | 379 |
Amortization period for deferred costs |  |  | 105 years |  |
Ash pond and landfill closure costs |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [9] |  | $ 108 | 200 |
Regulatory assets expected collection period commencing year |  |  | 2021 |  |
Ash pond and landfill closure costs | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [9] |  | $ 108 | 200 |
Ash pond and landfill closure costs | Minimum |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets amounts expected collection period |  |  | 15 years |  |
Ash pond and landfill closure costs | Maximum |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets amounts expected collection period |  |  | 18 years |  |
Deferred nuclear refueling outage costs |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [10] |  | $ 97 | 63 |
Deferred nuclear refueling outage costs | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [10] |  | 80 | 63 |
NND Project Costs |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [11] |  | 138 | 138 |
Regulatory assets-noncurrent | [11] |  | 1,811 | 1,949 |
CCR remediation, ash pond and landfill closure costs |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [9] |  | 2,898 | 2,410 |
CCR remediation, ash pond and landfill closure costs | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-noncurrent | [9] |  | 2,560 | 2,407 |
Derivatives |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [12] |  | 8 | 162 |
Regulatory assets-noncurrent | [12] |  | 182 | 107 |
Derivatives | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current | [12] |  | 6 | 160 |
Regulatory assets-noncurrent | [12] |  | 148 | 66 |
Other |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current |  |  | 186 | 231 |
Regulatory assets-noncurrent |  |  | 666 | 590 |
Other | Virginia Electric and Power Company |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Regulatory assets-current |  |  | 83 | 80 |
Regulatory assets-noncurrent |  |  | $ 138 | $ 127 |
Deferred Project Costs | Maximum |  |  |  |  |
Regulatory Assets [Line Items] |  |  |  |  |
Amortization period for deferred costs |  |  | 18 months |  |
[1] | See Note 16 for amounts attributable to VIEs.
[2] | See Note 16 for amounts attributable to VIEs.
[3] | Reflects deferred fuel expenses for the Virginia and North Carolina jurisdictions of Virginia Power’s electric generation operations. Additionally, Dominion Energy includes deferred fuel expenses for the South Carolina jurisdiction of its electric generation operations. In February 2024, Virginia Power completed a securitization of $1.3 billion of under-recovered fuel costs for its Virginia service territory.
[4] | Reflects under-recovered fuel costs for Virginia Power’s Virginia service territory securitized through the issuance of bonds by VPFS in February 2024. See Notes 13, 16 and 18 for additional information.
[5] | Represents unrecognized pension and other postretirement employee benefit costs expected to be recovered or refunded through future rates generally over the expected remaining service period of plan participants by certain of Dominion Energy’s rate-regulated subsidiaries. Includes regulatory assets of $215 million and regulatory liabilities of $12 million in aggregate at December 31, 2023 related to retained pension and other postretirement benefit plan assets and obligations for the East Ohio, Questar Gas and PSNC Transactions which were reclassified to into other income (expense) in the Consolidated Statement of Income upon closing of each transaction.
[6] | Reflects deferrals under Virginia Power’s electric transmission FERC formula rate and the deferral of costs associated with certain current and prospective rider projects. In 2023, Virginia Power recorded a charge of $36 million ($27 million after-tax), included in impairment of assets and other charges in its Consolidated Statements of Income (reflected in the Corporate and Other segment), for the write-off of certain previously deferred amounts related to Riders R, S and W in connection with the cessation of such riders effective July 2023. See Note 13 for additional information.
[7] | Reflects interest rate hedges recoverable from or refundable to customers. Certain of these instruments are settled and any related payments are being amortized into interest expense over the life of the related debt, which has a weighted-average useful life of approximately 25 years and 24 years for Dominion Energy and Virginia Power, respectively, as of December 31, 2024.
[8] | Represents uncollected costs, including deferred depreciation and accretion expense, related to legal obligations associated with the future retirement of generation, transmission and distribution properties. The AROs primarily relate to DESC’s electric generating facilities, including Summer, and are expected to be recovered over the related property lives and periods of decommissioning which may range up to approximately 105 years.
[9] | Primarily reflects legislation in Virginia which requires any CCR asset located at certain Virginia Power stations to be closed by removing the CCR to an approved landfill or through beneficial reuse. These deferred costs are expected to be collected over a period between 15 and 18 years commencing December 2021 through Rider CCR. Virginia Power is entitled to collect carrying costs on uncollected expenditures once expenditures have been made. In addition, the balance at December 31, 2024 reflects amounts related to the EPA’s May 2024 final rule concerning CCR as discussed in Note 14.
[10] | Primarily reflects deferred operation and maintenance costs at Virginia Power incurred in connection with the refueling of any nuclear-powered generating plant as required by Virginia legislation. Virginia Power deferred costs will be amortized over the refueling cycle, not to exceed 18 months.
[11] | Reflects expenditures by DESC associated with the NND Project, which pursuant to the SCANA Merger Approval Order, will be recovered from DESC electric service customers over a 20-year period ending in 2039.
[12] | Represents changes in the fair value of derivatives, excluding separately presented interest rate hedges, that following settlement are expected to be recovered from or refunded to customers.

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- Definition Carrying amount as of the balance sheet date of capitalized costs of regulated entities that are expected to be recovered through revenue sources within one year or the normal operating cycle, if longer. Such costs are capitalized if they meet both of the following criteria: a. It is probable that future revenue in an amount at least equal to the capitalized cost will result from inclusion of that cost in allowable costs for rate-making purposes. b. Based on available evidence, the future revenue will be provided to permit recovery of the previously incurred cost rather than to provide for expected levels of similar future costs. If the revenue will be provided through an automatic rate-adjustment clause, this criterion requires that the regulator's intent clearly be to permit recovery of the previously incurred cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 980 -SubTopic 340 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478742/980-340-50-1 + Details
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