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Dominion Energy, Inc., commonly referred to as Dominion, is an American energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia, North Carolina, and South Carolina and supplies natural gas to parts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia.
The Virginia Clean Economy Act (HB 1526 and SB 851) was signed into law by Governor Ralph Northam in 2020. The bill establishes a renewable energy portfolio standard (RPS), which mandates that the two utilities in the state, Dominion Energy Virginia and Appalachian Electric Power, produce 100 percent renewable electricity by 2045 and 2050, respectively. [1]
In 2023, the electrical energy generation mix was 56% natural gas, 32.3% nuclear, 5.8% solar, 3.5% biomass, 1.5% coal, 0.2% petroleum, 0.1% hydroelectric, 0.1% wind, and 0.5% other. [ 1 ] The Virginia Clean Economy Act of 2020 directs the construction of 16,100 MW of solar power and onshore wind and up to 5,200 MW of offshore wind by 2035 ...
Other adjustments in Dominion’s submission include a one-time bill credit of $7.5 million funded by shareholders that would be applied this year for residential and small general service customers.
Dominion Resources announced Wednesday that its Virginia Power customers hit an all-time record for winter peak demand on Tuesday as "cold arctic air blasted the region." The electric utility ...
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3. Dominion Energy. Finally, add Dominion Energy (NYSE: D) to your list of smart dividend stocks to buy while its forward-looking dividend yield stands at 4.6%. You'd be hard-pressed to find much ...