DOMINION ENERGY, INC
For the period ended Mar 31, 2026. Filed May 1, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 1, 2026
D$68.24-0.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Glossary of Terms
The following abbreviations or acronyms used in this Form 10-Q are defined below:
| Abbreviation or Acronym | Definition |
|---|---|
| 2017 Tax Reform Act | An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (previously known as The Tax Cuts and Jobs Act) enacted on December 22, 2017 |
| 2025 Biennial Review | Virginia Commission review of Virginia Power’s earned return on base rate generation and distribution services for the two successive 12-month test periods beginning January 1, 2023 and ending December 31, 2024 and prospective rate base setting for the succeeding annual periods beginning January 1, 2026 and ending December 31, 2027 |
| 2027 Biennial Review | Future Virginia Commission review of Virginia Power’s earned return on base rate generation and distribution services for the two successive 12-month test periods beginning January 1, 2025 and ending December 31, 2026 and prospective rate base setting for the succeeding annual periods beginning January 1, 2028 and ending December 31, 2029 |
| AEP | The legal entity American Electric Power Company, Inc., one or more of its consolidated subsidiaries, or the entirety of American Electric Power Company, Inc. and its consolidated subsidiaries |
| AFUDC | Allowance for funds used during construction |
| AOCI | Accumulated other comprehensive income (loss) |
| ARO | Asset retirement obligation |
| Atlantic Coast Pipeline | Atlantic Coast Pipeline, LLC, a limited liability company owned by Dominion Energy and Duke Energy |
| Atlantic Coast Pipeline Project | A previously proposed approximately 600-mile natural gas pipeline running from West Virginia through Virginia to North Carolina which would have been owned by Dominion Energy and Duke Energy |
| bcf | Billion cubic feet |
| Bedford | A 70 MW solar generation facility in Chesapeake, Virginia |
| BOEM | Bureau of Ocean Energy Management |
| CAA | Clean Air Act |
| CCR | Coal combustion residual |
| CEO | Chief Executive Officer |
| CERCLA | Comprehensive Environmental Response, Compensation and Liability Act of 1980, also known as Superfund |
| CFO | Chief Financial Officer |
| Chesterfield Energy Reliability Center | A proposed 944 MW simple-cycle, natural gas-fired power station in Chesterfield County, Virginia |
| CO2 | Carbon dioxide |
| CODM | Chief Operating Decision Maker |
| Companies | Dominion Energy and Virginia Power, collectively |
| Contracted Energy | Contracted Energy operating segment |
| Cooling degree days | Units measuring the extent to which the average daily temperature is greater than 65 degrees Fahrenheit, or 75 degrees Fahrenheit in DESC’s service territory, calculated as the difference between 65 or 75 degrees, as applicable, and the average temperature for that day |
| Cove Point | Cove Point LNG, LP (formerly known as Dominion Energy Cove Point LNG, LP) |
| CPCN | Certificate of Public Convenience and Necessity |
| CVOW Commercial Project | A proposed 2.6 GW wind generation facility 27 miles off the coast of Virginia Beach, Virginia in federal waters adjacent to the CVOW Pilot Project and associated interconnection facilities in and around Virginia Beach, Virginia |
| CVOW Pilot Project | A 12 MW wind generation facility 27 miles off the coast of Virginia Beach, Virginia in federal waters |
| CWA | Clean Water Act |
| DES | Dominion Energy Services, Inc. |
| DESC | The legal entity, Dominion Energy South Carolina, Inc., one or more of its consolidated entities or operating segment, or the entirety of Dominion Energy South Carolina, Inc. and its consolidated entities |
| DGI | Dominion Generation, Inc. |
| Dominion Energy | The legal entity, Dominion Energy, Inc., one or more of its consolidated subsidiaries (other than Virginia Power) or operating segments, or the entirety of Dominion Energy, Inc. and its consolidated subsidiaries |
|---|---|
| Dominion Energy Direct® | A dividend reinvestment and open enrollment direct stock purchase plan |
| Dominion Energy South Carolina | Dominion Energy South Carolina operating segment |
| Dominion Energy Virginia | Dominion Energy Virginia operating segment |
| Dominion Privatization | The legal entity Dominion Utility Privatization Holdings, LLC (a joint venture between Dominion Energy and Patriot), one or more of its consolidated subsidiaries, or the entirety of Dominion Utility Privatization Holdings, LLC and its consolidated subsidiaries |
| DSM | Demand-side management |
| Dth | Dekatherm |
| Duke Energy | The legal entity, Duke Energy Corporation, one or more of its consolidated subsidiaries, or the entirety of Duke Energy Corporation and its consolidated subsidiaries |
| EPA | U.S. Environmental Protection Agency |
| EPS | Earnings per common share |
| FERC | Federal Energy Regulatory Commission |
| FirstEnergy | The legal entity FirstEnergy Corp., one or more of its consolidated subsidiaries, or the entirety of FirstEnergy Corp. and its consolidated subsidiaries |
| FTRs | Financial transmission rights |
| GAAP | U.S. generally accepted accounting principles |
| GHG | Greenhouse gas |
| GTSA | Virginia Grid Transformation and Security Act of 2018 |
| GW | Gigawatt |
| Heating degree days | Units measuring the extent to which the average daily temperature is less than 65 degrees Fahrenheit, or 60 degrees Fahrenheit in DESC’s service territory, calculated as the difference between 65 or 60 degrees, as applicable, and the average temperature for that day |
| IRA | An Act to Provide for Reconciliation Pursuant to Title II of Senate Concurrent Resolution 14 of the 117th Congress (also known as the Inflation Reduction Act of 2022) enacted on August 16, 2022 |
| ISO | Independent system operator |
| Jones Act | The Coastwise Merchandise Statute (commonly known as the Jones Act) 46 U.S.C. §55102 regulating U.S. maritime commerce |
| kV | Kilovolt |
| kVA | Kilovolt-ampere |
| MD&A | Management’s Discussion and Analysis of Financial Condition and Results of Operations |
| MGD | Million gallons per day |
| Millstone | Millstone nuclear power station |
| MMBtu | Metric Million British thermal unit |
| Moody’s | Moody’s Investors Service |
| MW | Megawatt |
| MWh | Megawatt hour |
| Natural Gas Rate Stabilization Act | Legislation effective February 2005 designed to improve and maintain natural gas service infrastructure to meet the needs of customers in South Carolina |
| NAV | Net asset value |
| NND Project | V.C. Summer Units 2 and 3 nuclear development project under which DESC and Santee Cooper undertook to construct two Westinghouse AP1000 Advanced Passive Safety nuclear units in Jenkinsville, South Carolina |
| North Carolina Commission | North Carolina Utilities Commission |
| NOX | Nitrogen oxide |
| Order 1000 | Order issued by FERC adopting requirements for electric transmission planning, cost allocation and development |
| OSWP | OSW Project LLC, a limited liability company owned by Virginia Power and Stonepeak |
| ozone season | The period May 1 through September 30, as determined on a federal level |
| Patriot | Patriot Utility Privatizations, LLC, a joint venture between Foundation Infrastructure Partners, LLC and John Hancock Life Insurance Company (U.S.A.) and affiliates |
| PJM | PJM Interconnection, LLC |
| PSD | Prevention of significant deterioration |
| Pumpkinseed | A 60 MW solar generation facility in Emporia, Virginia |
| RGGI | Regional Greenhouse Gas Initiative |
|---|---|
| Rider CCR | A rate adjustment clause associated with the recovery of costs related to the removal of CCR at certain power stations |
| Rider CE | A rate adjustment clause associated with the recovery of costs related to certain renewable generation, energy storage and related transmission facilities in Virginia, certain small-scale distributed generation projects and related transmission facilities and, beginning May 2024, power purchase agreements for the energy, capacity, ancillary services and renewable energy credits owned by third parties |
| Rider CERC | A rate adjustment clause associated with the recovery of costs related to the Chesterfield Energy Reliability Center |
| Rider OSW | A rate adjustment clause associated with costs incurred to construct, own and operate the CVOW Commercial Project |
| ROE | Return on equity |
| RTO | Regional transmission organization |
| Santee Cooper | South Carolina Public Service Authority |
| SCANA | The legal entity, SCANA Corporation, one or more of its consolidated subsidiaries, or the entirety of SCANA Corporation and its consolidated subsidiaries |
| SCANA Combination | Dominion Energy’s acquisition of SCANA completed on January 1, 2019 pursuant to the terms of the agreement and plan of merger entered on January 2, 2018 between Dominion Energy and SCANA |
| SCANA Merger Approval Order | Final order issued by the South Carolina Commission on December 21, 2018 setting forth its approval of the SCANA Combination |
| SEC | U.S. Securities and Exchange Commission |
| Section 232 | Section 232 of the Trade Expansion Act of 1962 |
| Series C Preferred Stock | Dominion Energy’s 4.35% Series C Fixed-Rate Cumulative Redeemable Perpetual Preferred Stock, without par value, with a liquidation preference of $1,000 per share |
| South Carolina Commission | Public Service Commission of South Carolina |
| Standard & Poor’s | Standard & Poor’s Ratings Services, a division of S&P Global Inc. |
| Stonepeak | The legal entity Stonepeak Partners, LLC, one or more of its affiliated investment vehicles (including Dunedin Member LLC) or the entirety of Stonepeak Partners, LLC and its affiliated investment vehicles |
| Summer | V.C. Summer nuclear power station |
| Valley Link | Valley Link Transmission Company, LLC, a limited liability company owned by Dominion Energy, AEP and FirstEnergy, one or more of its consolidated subsidiaries or the entirety of Valley Link Transmission Company, LLC and its consolidated subsidiaries |
| VCEA | Virginia Clean Economy Act of March 2020 |
| VEBA | Voluntary Employees’ Beneficiary Association |
| VIE | Variable interest entity |
| Virginia Commission | Virginia State Corporation Commission |
| Virginia Power | The legal entity, Virginia Electric and Power Company, one or more of its consolidated subsidiaries or operating segment, or the entirety of Virginia Electric and Power Company and its consolidated subsidiaries |
| VPFS | Virginia Power Fuel Securitization, LLC |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.