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v3.25.2

Operating Segments (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Reporting Information [Line Items] |
Schedule of Primary Operating Segments | The Companies are organized primarily on the basis of products and services sold in the U.S. A description of the operations included in the Companies’ primary operating segments is as follows:
Primary Operating Segment |  | Description of Operations |  | Dominion Energy |  | Virginia Power
Dominion Energy Virginia |  | Regulated electric distribution |  | X |  | X
|  | Regulated electric transmission |  | X |  | X
|  | Regulated electric generation fleet(1) |  | X |  | X
Dominion Energy South Carolina |  | Regulated electric distribution |  | X |  |
|  | Regulated electric transmission |  | X |  |
|  | Regulated electric generation fleet |  | X |  |
|  | Regulated gas distribution and storage |  | X |  |
Contracted Energy(2) |  | Nonregulated electric generation fleet |  | X |  |
(1) Includes Virginia Power’s non-jurisdictional solar generation operations. (2) Includes renewable natural gas operations.
Schedule of Segment Reporting Information, by Segment | The following tables present segment information pertaining to Dominion Energy’s operations:
Three Months Ended June 30, | Dominion Energy Virginia |  |  | Dominion Energy South Carolina |  |  | Contracted Energy |  |  | Corporate and Other |  |  | Adjustments & Eliminations |  |  | Consolidated Total |
(millions) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue from external customers | $ | 2,710 |  |  | $ | 833 |  |  | $ | 240 |  |  | $ | 27 |  |  | $ | — |  |  | $ | 3,810 |
Intersegment revenue |  | 2 |  |  |  | 3 |  |  |  | 5 |  |  |  | 292 |  |  |  | (302 | ) |  |  | — |
Total Operating Revenue |  | 2,712 |  |  |  | 836 |  |  |  | 245 |  |  |  | 319 |  |  |  | (302 | ) |  |  | 3,810 |
Electric fuel and other energy-related purchases(1) |  | 729 |  |  |  | 199 |  |  |  | 21 |  |  |  | — |  |  |  | (3 | ) |  |  | 946 |
Purchased electric capacity(1) |  | 17 |  |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | 18 |
Purchased gas(1) |  | — |  |  |  | 43 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 43 |
Other operations and maintenance(1)(2) |  | 531 |  |  |  | 170 |  |  |  | 164 |  |  |  | 363 |  |  |  | (295 | ) |  |  | 933 |
Depreciation and amortization(1) |  | 396 |  |  |  | 141 |  |  |  | 22 |  |  |  | 21 |  |  |  | — |  |  |  | 580 |
Other taxes(1) |  | 92 |  |  |  | 75 |  |  |  | 15 |  |  |  | 15 |  |  |  | (3 | ) |  |  | 194 |
Total Operating Expenses |  | 1,765 |  |  |  | 630 |  |  |  | 222 |  |  |  | 399 |  |  |  | (302 | ) |  |  | 2,714 |
Interest and related charges(1) |  | 252 |  |  |  | 70 |  |  |  | 8 |  |  |  | 238 |  |  |  | (63 | ) |  |  | 505 |
Income tax expense (benefit)(1) |  | 110 |  |  |  | 29 |  |  |  | 1 |  |  |  | 80 |  |  |  | — |  |  |  | 220 |
Equity in earnings (losses) of equity method investees(3) |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | (1 | )
Other income (expense)(3) |  | 39 |  |  |  | — |  |  |  | (1 | ) |  |  | 371 |  |  |  | — |  |  |  | 409 |
Interest income(3) |  | 5 |  |  |  | 2 |  |  |  | 35 |  |  |  | 55 |  |  |  | (63 | ) |  |  | 34 |
Net Income from Discontinued Operations Including Noncontrolling Interests |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |  |  |  | — |  |  |  | 1 |
Noncontrolling Interests(3) |  | 80 |  |  |  | — |  |  |  | — |  |  |  | (26 | ) |  |  | — |  |  |  | 54 |
Net Income Attributable to Dominion Energy | $ | 549 |  |  | $ | 109 |  |  | $ | 47 |  |  | $ | 55 |  |  | $ | — |  |  | $ | 760 |
Investment in equity method investees(4) | $ | — |  |  | $ | — |  |  | $ | 98 |  |  | $ | 41 |  |  | $ | — |  |  | $ | 139 |
Total assets (billions) |  | 74.6 |  |  |  | 18.7 |  |  |  | 10.3 |  |  |  | 8.8 |  |  |  | (5.0 | ) |  |  | 107.4 |
2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue from external customers | $ | 2,537 |  |  | $ | 758 |  |  | $ | 281 |  |  | $ | (90 | ) |  | $ | — |  |  | $ | 3,486 |
Intersegment revenue |  | — |  |  |  | 4 |  |  |  | 3 |  |  |  | 257 |  |  |  | (264 | ) |  |  | — |
Total Operating Revenue |  | 2,537 |  |  |  | 762 |  |  |  | 284 |  |  |  | 167 |  |  |  | (264 | ) |  |  | 3,486 |
Electric fuel and other energy-related purchases(1) |  | 707 |  |  |  | 186 |  |  |  | 28 |  |  |  | — |  |  |  | (3 | ) |  |  | 918 |
Purchased electric capacity(1) |  | 16 |  |  |  | 5 |  |  |  | — |  |  |  | 1 |  |  |  | (1 | ) |  |  | 21 |
Purchased gas(1) |  | — |  |  |  | 44 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 44 |
Other operations and maintenance(1)(2) |  | 522 |  |  |  | 170 |  |  |  | 108 |  |  |  | 365 |  |  |  | (258 | ) |  |  | 907 |
Depreciation and amortization(1) |  | 444 |  |  |  | 136 |  |  |  | 19 |  |  |  | 22 |  |  |  | — |  |  |  | 621 |
Other taxes(1) |  | 71 |  |  |  | 74 |  |  |  | 13 |  |  |  | 14 |  |  |  | (2 | ) |  |  | 170 |
Total Operating Expenses |  | 1,760 |  |  |  | 615 |  |  |  | 168 |  |  |  | 402 |  |  |  | (264 | ) |  |  | 2,681 |
Interest and related charges(1) |  | 206 |  |  |  | 66 |  |  |  | 11 |  |  |  | 231 |  |  |  | (44 | ) |  |  | 470 |
Income tax expense (benefit)(1) |  | 117 |  |  |  | 14 |  |  |  | 34 |  |  |  | (53 | ) |  |  | — |  |  |  | 112 |
Equity in earnings (losses) of equity method investees(3) |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | (1 | )
Other income (expense)(3) |  | 29 |  |  |  | 1 |  |  |  | 14 |  |  |  | 186 |  |  |  | — |  |  |  | 230 |
Interest income(3) |  | 2 |  |  |  | 1 |  |  |  | 16 |  |  |  | 39 |  |  |  | (44 | ) |  |  | 14 |
Net Income From Discontinued Operations Including Noncontrolling Interests |  | — |  |  |  | — |  |  |  | — |  |  |  | 97 |  |  |  | — |  |  |  | 97 |
Net Income (Loss) Attributable to Dominion Energy | $ | 485 |  |  | $ | 69 |  |  | $ | 100 |  |  | $ | (91 | ) |  | $ | — |  |  | $ | 563 |
(1) The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Dominion Energy’s CODM. (2) Includes impairment of assets and other charges. (3) Items designated are other segment items for each reportable segment. (4) Excludes liability to Atlantic Coast Pipeline.
Six Months Ended June 30, | Dominion Energy Virginia |  |  | Dominion Energy South Carolina |  |  | Contracted Energy |  |  | Corporate and Other |  |  | Adjustments & Eliminations |  |  | Consolidated Total |
(millions) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue from external customers | $ | 5,505 |  |  | $ | 1,782 |  |  | $ | 544 |  |  | $ | 55 |  |  | $ | — |  |  | $ | 7,886 |
Intersegment revenue |  | 1 |  |  |  | 5 |  |  |  | 8 |  |  |  | 602 |  |  |  | (616 | ) |  |  | — |
Total Operating Revenue |  | 5,506 |  |  |  | 1,787 |  |  |  | 552 |  |  |  | 657 |  |  |  | (616 | ) |  |  | 7,886 |
Electric fuel and other energy-related purchases(1) |  | 1,498 |  |  |  | 366 |  |  |  | 50 |  |  |  | — |  |  |  | (6 | ) |  |  | 1,908 |
Purchased electric capacity(1) |  | 24 |  |  |  | 4 |  |  |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | 27 |
Purchased gas(1) |  | — |  |  |  | 190 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 190 |
Other operations and maintenance(1)(2) |  | 1,090 |  |  |  | 348 |  |  |  | 275 |  |  |  | 767 |  |  |  | (603 | ) |  |  | 1,877 |
Depreciation and amortization(1) |  | 793 |  |  |  | 282 |  |  |  | 44 |  |  |  | 43 |  |  |  | — |  |  |  | 1,162 |
Other taxes(1) |  | 189 |  |  |  | 154 |  |  |  | 30 |  |  |  | 36 |  |  |  | (6 | ) |  |  | 403 |
Total Operating Expenses |  | 3,594 |  |  |  | 1,344 |  |  |  | 399 |  |  |  | 846 |  |  |  | (616 | ) |  |  | 5,567 |
Interest and related charges(1) |  | 497 |  |  |  | 141 |  |  |  | 16 |  |  |  | 444 |  |  |  | (112 | ) |  |  | 986 |
Income tax expense (benefit)(1) |  | 243 |  |  |  | 47 |  |  |  | 40 |  |  |  | (70 | ) |  |  | — |  |  |  | 260 |
Equity in earnings (losses) of equity method investees(3) |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | (7 | ) |  |  | — |  |  |  | (8 | )
Other income (expense)(3) |  | 74 |  |  |  | — |  |  |  | (8 | ) |  |  | 320 |  |  |  | — |  |  |  | 386 |
Interest income(3) |  | 12 |  |  |  | 6 |  |  |  | 68 |  |  |  | 100 |  |  |  | (112 | ) |  |  | 74 |
Net Income from Discontinued Operations Including Noncontrolling Interests |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Noncontrolling Interests(3) |  | 148 |  |  |  | — |  |  |  | — |  |  |  | (48 | ) |  |  | — |  |  |  | 100 |
Net Income (Loss) Attributable to Dominion Energy | $ | 1,110 |  |  | $ | 261 |  |  | $ | 156 |  |  | $ | (102 | ) |  | $ | — |  |  | $ | 1,425 |
Investment in equity method investees(4) | $ | — |  |  | $ | — |  |  | $ | 98 |  |  | $ | 41 |  |  | $ | — |  |  | $ | 139 |
Capital expenditures |  | 5,233 |  |  |  | 561 |  |  |  | 396 |  |  |  | 36 |  |  |  | — |  |  |  | 6,226 |
Total assets (billions) |  | 74.6 |  |  |  | 18.7 |  |  |  | 10.3 |  |  |  | 8.8 |  |  |  | (5.0 | ) |  |  | 107.4 |
2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total revenue from external customers | $ | 5,026 |  |  | $ | 1,650 |  |  | $ | 587 |  |  | $ | (145 | ) |  | $ | — |  |  | $ | 7,118 |
Intersegment revenue |  | — |  |  |  | 5 |  |  |  | 5 |  |  |  | 491 |  |  |  | (501 | ) |  |  | — |
Total Operating Revenue |  | 5,026 |  |  |  | 1,655 |  |  |  | 592 |  |  |  | 346 |  |  |  | (501 | ) |  |  | 7,118 |
Electric fuel and other energy-related purchases(1) |  | 1,408 |  |  |  | 419 |  |  |  | 54 |  |  |  | — |  |  |  | (4 | ) |  |  | 1,877 |
Purchased electric capacity(1) |  | 29 |  |  |  | 4 |  |  |  | — |  |  |  | 1 |  |  |  | (1 | ) |  |  | 33 |
Purchased gas(1) |  | — |  |  |  | 164 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 164 |
Other operations and maintenance(1)(2) |  | 1,055 |  |  |  | 336 |  |  |  | 212 |  |  |  | 681 |  |  |  | (492 | ) |  |  | 1,792 |
Depreciation and amortization(1) |  | 889 |  |  |  | 272 |  |  |  | 37 |  |  |  | 44 |  |  |  | — |  |  |  | 1,242 |
Other taxes(1) |  | 164 |  |  |  | 149 |  |  |  | 27 |  |  |  | 36 |  |  |  | (4 | ) |  |  | 372 |
Total Operating Expenses |  | 3,545 |  |  |  | 1,344 |  |  |  | 330 |  |  |  | 762 |  |  |  | (501 | ) |  |  | 5,480 |
Interest and related charges(1) |  | 398 |  |  |  | 133 |  |  |  | 20 |  |  |  | 574 |  |  |  | (80 | ) |  |  | 1,045 |
Income tax expense (benefit)(1) |  | 234 |  |  |  | 32 |  |  |  | 75 |  |  |  | (133 | ) |  |  | — |  |  |  | 208 |
Equity in earnings (losses) of equity method investees(3) |  | — |  |  |  | — |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | (1 | )
Other income (expense)(3) |  | 50 |  |  |  | — |  |  |  | (7 | ) |  |  | 253 |  |  |  | — |  |  |  | 296 |
Interest income(3) |  | 10 |  |  |  | 3 |  |  |  | 63 |  |  |  | 75 |  |  |  | (80 | ) |  |  | 71 |
Net Income From Discontinued Operations Including Noncontrolling Interests |  | — |  |  |  | — |  |  |  | — |  |  |  | 215 |  |  |  | — |  |  |  | 215 |
Net Income (Loss) Attributable to Dominion Energy | $ | 909 |  |  | $ | 149 |  |  | $ | 222 |  |  | $ | (314 | ) |  | $ | — |  |  | $ | 966 |
Capital expenditures | $ | 4,572 |  |  | $ | 489 |  |  | $ | 434 |  |  | $ | 426 |  |  | $ | — |  |  | $ | 5,921 |
(1) The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Dominion Energy’s CODM. (2) Includes impairment of assets and other charges. (3) Items designated are other segment items for each reportable segment. (4) Excludes liability to Atlantic Coast Pipeline.
Virginia Electric and Power Company |
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information, by Segment | The following tables present segment information pertaining to Virginia Power’s operations:
Three Months Ended June 30, |  | Dominion Energy Virginia |  |  | Corporate and Other |  |  | Consolidated Total |
(millions) |  |  |  |  |  |  |  |  |
2025 |  |  |  |  |  |  |  |  |
Operating Revenue |  | $ | 2,712 |  |  | $ | — |  |  | $ | 2,712 |
Electric fuel and other energy-related purchases(1) |  |  | 729 |  |  |  | — |  |  |  | 729 |
Purchased electric capacity(1) |  |  | 17 |  |  |  | — |  |  |  | 17 |
Other operations and maintenance(1)(2) |  |  | 531 |  |  |  | 72 |  |  |  | 603 |
Depreciation and amortization(1) |  |  | 396 |  |  |  | — |  |  |  | 396 |
Other taxes(1) |  |  | 92 |  |  |  | — |  |  |  | 92 |
Total Operating Expenses |  |  | 1,765 |  |  |  | 72 |  |  |  | 1,837 |
Interest and related charges(1) |  |  | 252 |  |  |  | (1 | ) |  |  | 251 |
Income tax expense (benefit)(1) |  |  | 110 |  |  |  | 5 |  |  |  | 115 |
Other income (expense)(3) |  |  | 39 |  |  |  | 36 |  |  |  | 75 |
Interest income(3) |  |  | 5 |  |  |  | — |  |  |  | 5 |
Noncontrolling Interests(3) |  |  | 80 |  |  |  | (26 | ) |  |  | 54 |
Net Income (Loss) Attributable to Virginia Power |  | $ | 549 |  |  | $ | (14 | ) |  | $ | 535 |
Total assets (billions) |  | $ | 73.1 |  |  | $ | — |  |  | $ | 73.1 |
2024 |  |  |  |  |  |  |  |  |
Operating Revenue |  | $ | 2,537 |  |  | $ | — |  |  | $ | 2,537 |
Electric fuel and other energy-related purchases(1) |  |  | 707 |  |  |  | — |  |  |  | 707 |
Purchased electric capacity(1) |  |  | 16 |  |  |  | — |  |  |  | 16 |
Other operations and maintenance(1)(2) |  |  | 522 |  |  |  | 13 |  |  |  | 535 |
Depreciation and amortization(1) |  |  | 444 |  |  |  | 1 |  |  |  | 445 |
Other taxes(1) |  |  | 71 |  |  |  | 1 |  |  |  | 72 |
Total Operating Expenses |  |  | 1,760 |  |  |  | 15 |  |  |  | 1,775 |
Interest and related charges(1) |  |  | 206 |  |  |  | (2 | ) |  |  | 204 |
Income tax expense(1) |  |  | 117 |  |  |  | 3 |  |  |  | 120 |
Other income(3) |  |  | 29 |  |  |  | 8 |  |  |  | 37 |
Interest income(3) |  |  | 2 |  |  |  | — |  |  |  | 2 |
Net Income (Loss) Attributable to Virginia Power |  | $ | 485 |  |  | $ | (8 | ) |  | $ | 477 |
(1) The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Virginia Power’s CODM. (2) Includes impairment of assets and other charges (benefits). (3) Items designated are other segment items for each reportable segment.
Six Months Ended June 30, |  | Dominion Energy Virginia |  |  | Corporate and Other |  |  | Consolidated Total |
(millions) |  |  |  |  |  |  |  |  |
2025 |  |  |  |  |  |  |  |  |
Operating Revenue |  | $ | 5,506 |  |  | $ | (29 | ) |  | $ | 5,477 |
Electric fuel and other energy-related purchases(1) |  |  | 1,498 |  |  |  | — |  |  |  | 1,498 |
Purchased electric capacity(1) |  |  | 24 |  |  |  | — |  |  |  | 24 |
Other operations and maintenance(1)(2) |  |  | 1,090 |  |  |  | 169 |  |  |  | 1,259 |
Depreciation and amortization(1) |  |  | 793 |  |  |  | 1 |  |  |  | 794 |
Other taxes(1) |  |  | 189 |  |  |  | — |  |  |  | 189 |
Total Operating Expenses |  |  | 3,594 |  |  |  | 170 |  |  |  | 3,764 |
Interest and related charges(1) |  |  | 497 |  |  |  | (3 | ) |  |  | 494 |
Income tax expense (benefit)(1) |  |  | 243 |  |  |  | (38 | ) |  |  | 205 |
Other income (expense)(3) |  |  | 74 |  |  |  | 20 |  |  |  | 94 |
Interest income(3) |  |  | 12 |  |  |  | — |  |  |  | 12 |
Noncontrolling Interests(3) |  |  | 148 |  |  |  | (48 | ) |  |  | 100 |
Net Income (Loss) Attributable to Virginia Power |  | $ | 1,110 |  |  | $ | (90 | ) |  | $ | 1,020 |
Capital expenditures |  | $ | 5,233 |  |  | $ | — |  |  | $ | 5,233 |
Total assets (billions) |  |  | 73.1 |  |  |  | — |  |  |  | 73.1 |
2024 |  |  |  |  |  |  |  |  |
Operating Revenue |  | $ | 5,026 |  |  | $ | — |  |  | $ | 5,026 |
Electric fuel and other energy-related purchases(1) |  |  | 1,408 |  |  |  | — |  |  |  | 1,408 |
Purchased electric capacity(1) |  |  | 29 |  |  |  | — |  |  |  | 29 |
Other operations and maintenance(1)(2) |  |  | 1,055 |  |  |  | (6 | ) |  |  | 1,049 |
Depreciation and amortization(1) |  |  | 889 |  |  |  | 4 |  |  |  | 893 |
Other taxes(1) |  |  | 164 |  |  |  | 1 |  |  |  | 165 |
Total Operating Expenses |  |  | 3,545 |  |  |  | (1 | ) |  |  | 3,544 |
Interest and related charges(1) |  |  | 398 |  |  |  | (4 | ) |  |  | 394 |
Income tax expense(1) |  |  | 234 |  |  |  | 19 |  |  |  | 253 |
Other income(3) |  |  | 50 |  |  |  | 37 |  |  |  | 87 |
Interest income(3) |  |  | 10 |  |  |  | 6 |  |  |  | 16 |
Net Income Attributable to Virginia Power |  | $ | 909 |  |  | $ | 29 |  |  | $ | 938 |
Capital expenditures |  | $ | 4,572 |  |  | $ | — |  |  | $ | 4,572 |
(1) The significant expense categories and amounts in the segment information presented above align with the segment-level information that is regularly provided to Virginia Power’s CODM. (2) Includes impairment of assets and other charges (benefits). (3) Items designated are other segment items for each reportable segment.

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