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Variable Interest Entities - Schedule of Balance Sheet Included Balances for VPFS and OSWP (Detail) - USD ($) $ in Millions | Jun. 30, 2025 | Dec. 31, 2024 | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | --- | --- | ---
Assets |  |  |  |  |  |  |
Cash and cash equivalents | [1] | $ 344 |  | $ 310 | [2] |  |
Customer receivables | [1] | 2,294 |  | 2,169 | [2] |  |
Regulatory assets-current | [1] | 1,232 |  | 992 | [2] |  |
Property, plant and equipment |  | 73,284 |  | 68,862 | [2] |  |
Other Assets, Current | [1] | 653 |  | 584 | [2] |  |
Regulatory assets-noncurrent | [1] | 8,159 |  | 8,288 | [2] |  |
Other deferred charges and other assets | [1] | 5,546 |  | 4,996 | [2] |  |
Total assets |  | 107,441 |  | 102,415 | [2] |  |
Liabilities |  |  |  |  |  |  |
Securities due within one year | [3] | 2,292 |  | 1,725 | [4] |  |
Accounts payable | [1] | 1,015 |  | 1,149 | [4] |  |
Accrued interest, payroll and taxes | [3] | 956 |  | 1,045 | [4] |  |
Other | [3],[5] | 1,754 |  | 2,084 | [4] |  |
Securitization bonds |  | 40,294 |  | 37,525 | [4] |  |
Other deferred credits and other liabilities | [3] | 8,621 |  | 8,528 | [4] |  |
Total liabilities |  | 76,569 |  | 72,613 | [4] |  |
Virginia Electric and Power Company |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash and cash equivalents |  | 157 | [6] | 160 | [6],[7] | $ 41 | $ 90
Customer receivables | [6] | 1,752 |  | 1,612 | [7] |  |
Regulatory assets-current | [6] | 914 |  | 697 | [7] |  |
Property, plant and equipment |  | 56,280 |  | 52,517 | [7] |  |
Other Assets, Current | [6] | 215 |  | 194 | [7] |  |
Regulatory assets-noncurrent | [6] | 4,403 |  | 4,537 | [7] |  |
Other deferred charges and other assets | [6],[8] | 3,094 |  | 2,662 | [7] |  |
Total assets |  | 73,096 |  | 68,387 | [7] |  |
Liabilities |  |  |  |  |  |  |
Securities due within one year | [6] | 957 |  | 548 | [7] |  |
Accounts payable | [6] | 647 |  | 660 | [7] |  |
Accrued interest, payroll and taxes | [6] | 419 |  | 366 | [7] |  |
Other | [6] | 1,337 |  | 1,549 | [7] |  |
Securitization bonds |  | 20,443 |  | 20,038 | [7] |  |
Other deferred credits and other liabilities | [6],[8] | 6,406 |  | 6,275 | [7] |  |
Total liabilities |  | 44,174 |  | 43,291 | [7] |  |
Variable Interest Entity Not Primary Beneficiary | Virginia Electric and Power Company |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Prepayments | [9] | 0 |  | 0 |  |  |
Regulatory assets-current |  | 119 |  | 124 |  |  |
Other Assets, Current | [10] | 51 |  | 41 |  |  |
Regulatory assets-noncurrent |  | 955 |  | 1,040 |  |  |
Total assets |  | 1,125 |  | 1,205 |  |  |
Liabilities |  |  |  |  |  |  |
Securities due within one year |  | 167 |  | 163 |  |  |
Accrued interest, payroll and taxes |  | 10 |  | 10 |  |  |
Securitization bonds |  | 969 |  | 1,054 |  |  |
Total liabilities |  | 1,146 |  | 1,227 |  |  |
Variable Interest Entity Not Primary Beneficiary | OSWP |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash and cash equivalents |  | 131 |  | 70 |  |  |
Customer receivables |  | 0 |  | 0 |  |  |
Prepayments | [11] | 3 |  | 10 |  |  |
Regulatory assets-current |  | 2 |  | 6 |  |  |
Property, plant and equipment |  | 7,294 |  | 5,844 |  |  |
Regulatory assets-noncurrent |  | 117 |  | 52 |  |  |
Other deferred charges and other assets |  | 6 |  | 0 |  |  |
Total assets |  | 7,553 |  | 5,982 |  |  |
Liabilities |  |  |  |  |  |  |
Accounts payable |  | 1 |  | 0 |  |  |
Accrued interest, payroll and taxes |  | 1 |  | 0 |  |  |
Other |  | 8 |  | 0 |  |  |
Asset retirement obligations - noncurrent | [12] | 106 |  | 38 |  |  |
Other deferred credits and other liabilities |  | 0 |  | 0 |  |  |
Total liabilities |  | $ 116 |  | $ 38 |  |  |
[1] | See Note 15 for amounts attributable to VIEs.
[2] | Dominion Energy’s Consolidated Balance Sheet at December 31, 2024 has been derived from the audited Consolidated Balance Sheet at that date.
[3] | See Note 15 for amounts attributable to VIEs.
[4] | Dominion Energy’s Consolidated Balance Sheet at December 31, 2024 has been derived from the audited Consolidated Balance Sheet at that date.
[5] | See Note 10 for amounts attributable to related parties.
[6] | See Note 15 for amounts attributable to VIEs.
[7] | Virginia Power’s Consolidated Balance Sheet at December 31, 2024 has been derived from the audited Consolidated Balance Sheet at that date.
[8] | See Note 19 for amounts attributable to affiliates.
[9] | Prepayments are presented in other current assets in the Companies’ Consolidated Balance Sheets.
[10] | See Note 2 for additional information about restricted cash and equivalents at VPFS.
[11] | Prepayments are presented in other current assets in the Companies’ Consolidated Balance Sheets.
[12] | Asset retirement obligation-noncurrent are presented in other deferred credits and other liabilities in the Companies’ Consolidated Balance Sheets.

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