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Regulatory Matters (Tables) | 3 Months Ended
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Mar. 31, 2025
Public Utilities General Disclosures [Line Items] |
Summary of Significant Virginia Power Electric Transmission Projects Applied |
Description and Location of Project |  | Application Date |  | Approval Date |  | Type of Line |  | Miles of Lines |  | Cost Estimate (millions)(1) |
Rebuild and construct new Fentress-Yadkin transmission lines and related projects in the City of Chesapeake, Virginia |  | June 2024 |  | February 2025 |  | 500 kV |  | 14 |  | $ | 205 |
Partial rebuild, reconductor and construct new Network Takeoff transmission lines and related projects in the Counties of Fairfax and Loudoun, Virginia |  | July 2024 |  | March 2025 |  | 230 kV |  | 6 |  |  | 170 |
Rebuild Aquia Harbour-Possum Point transmission lines and related projects in the Counties of Stafford and Prince William and the City of Fredericksburg, Virginia |  | August 2024 |  | March 2025 |  | 500- 230 kV |  | 32 |  |  | 210 |
Construct new Technology Boulevard transmission lines, substation and related projects in Henrico County, Virginia |  | March 2025 |  | Pending |  | 230 kV |  | 5 |  |  | 60 |
Construct new Hornbaker transmission lines, switching station and related projects in Prince William County, Virginia |  | March 2025 |  | Pending |  | 230 kV |  | 5 |  |  | 95 |
Construct new Golden-Mars transmission lines and related projects in Loudoun County, Virginia |  | March 2025 |  | Pending |  | 500- 230 kV |  | 11 |  |  | 525 |
Construct new Duval-Midlothian transmission lines, substation and related projects in Chesterfield County, Virginia |  | April 2025 |  | Pending |  | 230 kV |  | 7 |  |  | 125 |
(1) Represents the cost estimate included in the application except as updated in the approval if applicable. In addition, Virginia Power had various other transmission projects applied for and currently pending approval with aggregate cost estimates of approximately $65 million.
Virginia Electric and Power Company |
Public Utilities General Disclosures [Line Items] |
Significant Riders Associated With Virginia Power Projects |
Rider Name |  | Application Date |  | Approval Date |  | Rate Year Beginning |  | Total Revenue Requirement (millions)(1) |  |  | Increase (Decrease) from Previous (millions) |
Rider CCR(2) |  | April 2025 |  | Pending |  | January 2026 |  | $ | 166 |  |  | $ | 63 |
Rider CE(3) |  | October 2024 |  | April 2025 |  | May 2025 |  |  | 182 |  |  |  | 49 |
Rider GEN(4) |  | June 2024 |  | February 2025 |  | April 2025 |  |  | 438 |  |  | N/A |
Rider GEN |  | June 2024 |  | February 2025 |  | April 2026 |  |  | 311 |  |  |  | (127 | )
Rider GT |  | March 2025 |  | Pending |  | June 2025 |  |  | 283 |  |  |  | 138 |
(1) In addition, Virginia Power has a rider associated with another project with a total annual revenue requirement of $25 million as of March 31, 2025, and pending applications associated with other riders, including for the Chesterfield Energy Reliability Center described above, which if approved would result in a net annual revenue requirement increase of $53 million. (2) In connection with this application, Virginia Power also requests to extend existing rates for Rider CCR by one month through December 2025. (3) Associated with two solar generation projects, two small-scale solar projects and 19 purchased power agreements in addition to previously approved Rider CE projects. (4) Rider GEN includes $348 million in total revenue requirement related to the consolidation of Riders BW, GV and four other riders associated with generation facilities, ceasing the separate collection of rates under these riders effective April 1, 2025 and the extension of existing rates for Rider BW through March 2025. In addition, Virginia Power also received approval to recover costs associated with the Virginia LNG Storage Facility through Rider GEN described in Note 13 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2024.

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