Dominion Energy Inc

Dominion Energy, Inc. is a major energy provider involved in both the generation and delivery of power. The company's business activities are organized into four key operating divisions: Dominion Energy Virginia: This segment manages the regulated electricity services, including its production, transmission, and distribution, for households, businesses, industrial clients, and government entities throughout Virginia and North Carolina. Gas Distribution: This division oversees the regulated aspects of natural gas, such as its collection, storage, transport, and sale, and also distributes non-regulated renewable natural gas. It serves residential, commercial, and industrial customers. Dominion Energy South Carolina: Here, the company offers combined electricity and natural gas services, covering generation, transmission, and distribution, to residential, commercial, and industrial users across South Carolina. Contracted Assets: This segment's responsibilities include energy market operations and strategies for managing price fluctuations. As of December 31, 2021, Dominion Energy boasted a substantial infrastructure, featuring approximately 30.2 gigawatts of electric generation capacity. Its network also comprised 10,700 miles of electric transmission lines and 78,000 miles of electric distribution lines. The natural gas infrastructure included 95,700 miles of distribution mains and related service facilities. In total, the company caters to roughly 7 million customers. Beyond direct consumer services, Dominion Energy also sells electricity on the wholesale market to rural electric cooperatives, municipalities, and broader wholesale power exchanges. Established in 1983, the company was initially known as Dominion Resources, Inc. before rebranding as Dominion Energy, Inc. in May 2017. Its corporate headquarters are situated in Richmond, Virginia.