Dominion Energy

Corporate brand

Unclaimed Request correction

American electric and natural-gas utility company

Last updated October 14, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Dominion Energy, Inc., commonly known as Dominion Energy or Dominion, is a U.S. energy utility headquartered in Richmond, Virginia. Its principal businesses are the generation, transmission, distribution, and sale of electricity; the distribution, transmission, storage, and related marketing of natural gas; and the development of selected renewable-energy projects. The company serves retail customers mainly in the Mid-Atlantic, Southeast, Midwest, and parts of the Mountain West, while its generation and infrastructure assets have historically extended beyond its regulated retail territories. The company’s corporate lineage reaches back to transportation, navigation, lighting, and electric-utility enterprises in Virginia. A key predecessor, Virginia Railway & Power Company, was established in 1909 by Frank Jay Gould. It acquired the Virginia Passenger & Power Company and was renamed Virginia Electric and Power Company, or VEPCO, in 1925. VEPCO expanded through mergers and territory acquisitions, including the 1940 combination with Virginia Public Service Company. During the twentieth century it operated electric systems in Virginia and North Carolina, while also owning or operating transit and other infrastructure businesses before concentrating more fully on energy. The holding-company structure was reorganized as Dominion Resources in 1983. The company used the Dominion name across its operating businesses beginning in 2000, when it acquired Consolidated Natural Gas Company and expanded substantially into natural-gas distribution and related activities. It also acquired Louis Dreyfus Natural Gas in 2001. In 2007, Dominion sold most of its exploration-and-production oil and gas portfolio for approximately $14 billion in reported pretax proceeds, refocusing the enterprise on regulated utilities, power generation, energy delivery, transmission, storage, and retail operations. Expansion continued with the acquisition of Questar Corporation in 2016. Questar added gas distribution and related assets in Utah, Wyoming, and nearby western markets. In 2017, Dominion Resources adopted the Dominion Energy name and introduced a revised corporate identity. Dominion completed its acquisition of SCANA Corporation in January 2019, strengthening its electric and gas operations in South Carolina and neighboring markets. Dominion’s portfolio has included a large generation fleet, extensive electric transmission and distribution networks, natural-gas pipelines and storage, and the Cove Point LNG facility on Chesapeake Bay. Its generation mix has included nuclear, natural gas, coal, hydroelectricity, and renewable resources. The company has increasingly emphasized grid modernization, solar and wind development, energy efficiency, and emissions reduction, although its fossil-fuel infrastructure and coal generation have remained subjects of environmental and regulatory debate. In Virginia, Dominion has been a major participant in utility-policy and state political affairs. Its political action committee and lobbying activities have attracted criticism from opponents who argue that the company has exerted excessive influence over regulation and legislation. Major infrastructure controversies have included the Virginia City Hybrid Energy Center, the proposed Atlantic Coast Pipeline, and the expansion and operation of Cove Point. Dominion and Duke Energy canceled the Atlantic Coast Pipeline in 2020 after legal challenges and rising costs. Dominion has also pursued Coastal Virginia Offshore Wind, a large offshore-wind project intended to increase the role of renewable electricity in its Virginia system. Dominion’s business has been reshaped by divestitures as well as acquisitions. In 2020, it announced the sale of its natural-gas transmission and storage assets to Berkshire Hathaway. In 2022, Dominion Energy West Virginia was sold to Hearthstone Utilities and continued under the Hope Gas name. In 2023, Dominion agreed to sell East Ohio Gas, Quest…

History

Dominion Energy’s history combines older Virginia transportation and utility enterprises with the development of a modern regulated energy holding company. In 1787, Virginia established the Appomattox Trustees to promote navigation on the Appomattox River. The Upper Appomattox Company followed in 1795, building dams and other infrastructure for industrial use. These early water-rights and transportation activities later became part of the corporate lineage claimed by Dominion’s predecessors. The closest direct predecessor was Virginia Railway & Power Company, founded by Frank Jay Gould on June 29, 1909. The company acquired Virginia Passenger & Power Company and was renamed Virginia Electric and Power Company in 1925. Commonly known as VEPCO, it operated as a regulated electric monopoly and expanded its service territory through the 1940 merger with Virginia Public Service Company. Transit operations were sold in 1944, allowing the business to concentrate increasingly on electricity. VEPCO began using the Virginia Power name in 1980 and reorganized under Dominion Resources as a holding company in 1983. During the 1980s, the company divided its distribution operations between Virginia Power and North Carolina Power. It expanded in Northern Virginia through the purchase of Potomac Electric Power Company’s Virginia distribution territory in 1986. Some West Virginia distribution assets were later divested, although Dominion retained certain generation interests for a time. During the 1980s and 1990s, Dominion diversified into regulated and nonregulated energy activities and developed expertise in operating nuclear power stations. The acquisition of Consolidated Natural Gas Company in 2000 brought a substantial natural-gas distribution business in Pittsburgh and the Northeast. The 2001 acquisition of Louis Dreyfus Natural Gas added further gas delivery and related assets. Dominion unified its operating brands under the Dominion name in 2000. A major strategic shift occurred in 2007, when Dominion sold most of its Houston-based oil and gas exploration and production business. Assets were sold through transactions involving Loews, XTO Energy, Eni, and Canadian trusts. The sales produced reported pretax proceeds of nearly $14 billion and reflected a decision to prioritize electric generation, regulated energy delivery, transmission, storage, and retail businesses. The company continued to invest in generation and infrastructure. Construction of the Virginia City Hybrid Energy Center, a coal-fired facility in Wise County, Virginia, began in 2008. The plant was designed to co-fire biomass and waste coal but became controversial because of its emissions, mercury controls, ash-disposal arrangements, and connection to mountaintop-removal coal mining. Environmental activists protested the project, while supporters argued that it would create employment, tax revenue, and additional in-state generation. Dominion acquired Questar Corporation in September 2016 and changed its corporate name from Dominion Resources to Dominion Energy in 2017. It completed the acquisition of SCANA Corporation in January 2019. Around the same period, the company promoted grid modernization and renewable development under Virginia’s Grid Transformation and Security Act. Dominion’s renewable strategy included solar, wind, energy efficiency, and the Coastal Virginia Offshore Wind project. The proposed Atlantic Coast Pipeline, developed with Duke Energy, became one of Dominion’s most contentious projects. The approximately 600-mile pipeline encountered legal challenges and opposition from environmental and community groups. The sponsors canceled it in July 2020, citing rising costs and litigation. That same year Dominion agreed to sell its natural-gas transmission and storage assets to Berkshire Hathaway, further narrowing its strategic focus. Portfolio simplification continued with the 2022 sale of Dominion Energy West Virginia to Hearthstone Utilities, which rebranded the operation as Hope Gas. In 2023, Dominion agreed to sell East Ohio Gas, Questar Gas, and Public Service Company of North Carolina to Enbridge. Dominion remains a major U.S. utility whose identity is shaped by regulated electric service, power generation, grid investment, selected gas operations, nuclear assets, and renewable-energy development.

2023
Enbridge agrees to acquire three gas utilities
[1]Dominion Energyen.wikipedia.org
Dominion agreed to sell East Ohio Gas, Questar Gas, and Public Service Company of North Carolina to Enbridge.
2022
West Virginia gas utility is divested
[1]Dominion Energyen.wikipedia.org
Dominion sold Dominion Energy West Virginia to Hearthstone Utilities, which continued the business as Hope Gas.
2020
Atlantic Coast Pipeline is canceled
[1]Dominion Energyen.wikipedia.org
Dominion and Duke Energy abandoned the proposed pipeline after litigation, opposition, delays, and cost escalation.
2019
SCANA acquisition is completed
[1]Dominion Energyen.wikipedia.org
Dominion completed its acquisition of SCANA Corporation, adding utility operations in South Carolina and neighboring areas.
2017
Dominion Energy brand is introduced
[1]Dominion Energyen.wikipedia.org
Dominion Resources adopted the Dominion Energy name and a new logo.
2016
Questar acquisition is completed
[1]Dominion Energyen.wikipedia.org
Dominion expanded its western natural-gas operations through the acquisition of Questar Corporation.
2007
Most exploration-and-production assets are sold
[1]Dominion Energyen.wikipedia.org
Dominion divested most of its oil and gas exploration-and-production portfolio to focus on utilities and energy infrastructure.
2000
Consolidated Natural Gas is acquired
[1]Dominion Energyen.wikipedia.org
The acquisition expanded Dominion’s natural-gas distribution footprint in the Northeast and supported the company-wide Dominion rebrand.
1983
Dominion Resources holding company is created
[1]Dominion Energyen.wikipedia.org
VEPCO reorganized under the Dominion Resources holding-company structure.
1925
VEPCO name is adopted
[1]Dominion Energyen.wikipedia.org
Virginia Railway & Power Company changed its name to Virginia Electric and Power Company.
1909
Virginia Railway & Power Company is founded
[1]Dominion Energyen.wikipedia.org
Frank Jay Gould founded the company that became the closest direct corporate predecessor of Dominion Energy.
1787
Appomattox navigation trustees are established
[1]Dominion Energyen.wikipedia.org
Virginia created the Appomattox Trustees to promote navigation and industrial development along the Appomattox River, forming part of Dominion’s stated corporate lineage.

Products and positioning

A large regulated U.S. energy utility focused on reliable electricity and natural-gas service, grid infrastructure, nuclear and thermal generation, and a gradual expansion into renewable energy and offshore wind.

Electric utility service
Regulated electricity
Dominion supplies regulated electricity to residential, commercial, and industrial customers, particularly in Virginia and North Carolina. Its utility operations include transmission and distribution networks, customer connections, system maintenance, reliability programs, and electricity procurement or generation sufficient to serve regulated demand.
Power generation
Electric power generation
Dominion has operated a diversified generation fleet including nuclear, natural-gas, coal, hydroelectric, and renewable facilities. Generation has served regulated utility customers as well as wholesale markets in parts of the Midwest and Northeast. The company’s portfolio strategy has gradually placed greater emphasis on lower-carbon generation and renewable capacity.
Gas utility service
Natural-gas utility service
Dominion has historically distributed natural gas to customers across several Mid-Atlantic, Appalachian, Southern, and Mountain West states. The company has reduced this business through asset sales, including the divestiture of Dominion Energy West Virginia and the announced sale of several gas utilities to Enbridge.
LNG infrastructure
Cove Point LNG
Cove Point is Dominion’s liquefied-natural-gas facility on Chesapeake Bay. It has operated as a major U.S. LNG import and gas-infrastructure site. Its location near the Calvert Cliffs nuclear facility and concerns about gas quality, safety, and local infrastructure have made it a recurring subject of public debate.
Renewable energy
Coastal Virginia Offshore Wind
Coastal Virginia Offshore Wind is Dominion’s large offshore-wind development off the Virginia coast. The project is designed to add more than 2,600 megawatts of clean-energy capacity through approximately 220 turbines and to supply power for hundreds of thousands of homes. A pilot installation preceded the larger project.

Controversies

2023
Political influence and utility regulation criticism
Dominion has faced sustained criticism over political contributions and lobbying in Virginia. Critics argue that its financial participation in state politics and support for legislation, including rate-adjustment mechanisms, could influence regulatory oversight and improve the company’s ability to recover costs from customers. Dominion’s political activity has included contributions to candidates and political organizations from both major parties.
Source
2021
Dominion Energy asks for political contribution to be returned
After facing backlash over its PAC funding of ads targeting Glenn Youngkin, Dominion Energy said it had asked for its contributions to the Accountability Virginia PAC to be returned.
Source
2020
Atlantic Coast Pipeline opposition and cancellation
The proposed Atlantic Coast Pipeline encountered lawsuits and opposition from environmental and community groups concerned about land rights, ecological impacts, and fossil-fuel dependence. Dominion and Duke Energy canceled the project after delays and rising costs.
Source
2008
Virginia City Hybrid Energy Center environmental controversy
Environmental groups criticized Dominion’s Wise County coal-fired power project over projected carbon dioxide and mercury emissions, coal and biomass fuel use, ash disposal near the Clinch River, and its relationship to mountaintop-removal mining. Activists blockaded the project site in 2008, while supporters emphasized jobs, tax revenue, and reduced dependence on imported electricity.
Source

2018Grid Transformation Program
Virginia
Dominion promoted a grid-modernization program involving renewable generation, smart-grid technology, system security, and energy-efficiency investment. The stated renewable-development target was 3,000 megawatts of new solar and wind capacity by 2022.
Outcome. The program established a framework for expanded grid and renewable investment, although the broader strategy remained subject to regulatory and political debate.
Source

Brand decisions

2023
Sale of three gas utilities to EnbridgeM&A
Background
Dominion continued simplifying its natural-gas portfolio after earlier asset sales and strategic refocusing.
Action taken
Dominion agreed to sell East Ohio Gas, Questar Gas, and Public Service Company of North Carolina to Enbridge.
Aftermath
The agreement further concentrated Dominion on electric utilities, generation, grid infrastructure, and selected energy businesses.
Enterprise value. $14 billion (2023 announcement)
Source
2020
Cancellation of the Atlantic Coast PipelineOther
Background
The proposed pipeline faced legal challenges, environmental opposition, delays, and escalating construction costs.
Action taken
Dominion and Duke Energy canceled the approximately 600-mile project.
Aftermath
The cancellation ended one of the most controversial infrastructure projects associated with Dominion and reflected the increasing difficulty of developing major fossil-fuel infrastructure in contested corridors.
Source
2020
Sale of gas transmission and storage assetsM&A
Background
Dominion sought to simplify its portfolio and place greater emphasis on regulated utility operations.
Action taken
The company announced plans to sell its natural-gas transmission and storage assets to Berkshire Hathaway.
Aftermath
The transaction reduced Dominion’s exposure to interstate gas infrastructure and accelerated its portfolio refocusing.
Estimated transaction value. $10 billion (2020 announcement)
Source
2018
Acquisition of SCANA CorporationM&A
Background
Dominion pursued SCANA as a way to expand its regulated utility presence in South Carolina and surrounding markets.
Action taken
Dominion announced the acquisition in 2018 and completed it in January 2019.
Aftermath
SCANA’s electric and gas operations became part of Dominion’s broader Southeast utility portfolio.
Reported transaction value. $7.9 billion (2018 announcement)
Source
2018
Grid modernization and renewable expansionStrategy
Background
Virginia legislation created a framework for expanded utility investment in grid security, renewable energy, and efficiency programs.
Action taken
Dominion launched a grid-transformation program with a stated target of developing 3,000 megawatts of new solar and wind capacity by 2022.
Aftermath
The program reinforced Dominion’s transition toward smart-grid and renewable-energy investment while remaining politically contested.
Source
2016
Acquisition of Questar CorporationM&A
Background
Dominion sought to expand its natural-gas distribution and western U.S. utility footprint.
Action taken
Dominion announced and completed the acquisition of Questar Corporation in September 2016.
Aftermath
The transaction added gas operations in Utah, Wyoming, and neighboring western markets.
Source
2007
Refocus on utilities and energy infrastructureStrategy
Background
Dominion had built a sizeable oil and natural-gas exploration-and-production business but sought to concentrate capital and management attention on electricity, regulated energy delivery, transmission, storage, and retail operations.
Action taken
The company sold most of its exploration-and-production assets through a series of transactions.
Aftermath
Dominion became more focused on utility and infrastructure activities, while retaining selected production interests in Appalachia.
Reported pretax proceeds. Nearly $14 billion (2007)
Source

Recent events

2021-10-19
Dominion Energy asks for political contribution to be returned[4]Dominion Energy asks for political contribution to be returnedfoxbusiness.com
Reported: 2021-10-19
After facing backlash over its PAC funding of ads targeting Glenn Youngkin, Dominion Energy said it had asked for its contributions to the Accountability Virginia PAC to be returned.
2021-07-08
Westinghouse and Dominion sign Surry modernization contract[5]Westinghouse 与 Dominion 签署 Surry 现代化合同prnewswire.com
Reported: 2021-07-08
Westinghouse Electric Company signed an instrumentation and control contract with Dominion Energy for a digital modernization program at Surry Power Station. The program is subject to regulatory approval and is planned to upgrade 23 systems over nine years.
2021-05-04
Dominion Energy reports first-quarter earnings[6]Dominion Energy公布第一季度业绩naturalgasworld.com
Dominion Energy reported earnings of $1 billion during the first quarter of 2021, compared with a net loss of $270 million in the first quarter of 2020.
2021-03-02
Six US utilities announce Electric Highway Coalition[7]美国六家公用事业公司宣布成立电动公路联盟finance.sina.com.cn
Reported: 2021-03-03
American Electric Power, Dominion Energy, Duke Energy, Entergy, Southern Company and the Tennessee Valley Authority announced a plan to expand electric-vehicle charging stations along major highways across several US regions.
2020-11-03
Berkshire Hathaway Energy completes acquisition of Dominion gas transmission and storage business[8]伯克希尔哈撒韦能源完成收购Dominion天然气输送与储存业务lockhaven.com
Berkshire Hathaway Energy completed its acquisition of Dominion Energy’s Gas Transmission and Storage business in the eastern region. The business became a standalone subsidiary of Berkshire Hathaway Energy’s Pipeline Group.
2020-08-17
Dominion Energy acquires Madison Solar facility[9]Dominion Energy收购Madison Solar发电设施prnewswire.com
Reported: 2020-08-17
Dominion Energy announced that it had acquired the 62.5-megawatt Madison Solar generating facility in Orange County, Virginia, from Cypress Creek Renewables.
2020-07-08
Berkshire Hathaway announces acquisition of Dominion Energy[10]波克夏宣布收购道明尼能源chinatimes.com
Reported: 2020-07-08
Berkshire Hathaway announced its acquisition of Dominion Energy. The article says the transaction would expand Berkshire Hathaway's natural gas business; it does not report that the acquisition has been completed.
2020-07-06
Berkshire Hathaway Energy agrees to acquire Dominion Energy gas assets[11]伯克希尔·哈撒韦能源同意收购道明尼能源天然气资产finance.sina.com.cn
Reported: 2020-07-06
Berkshire Hathaway Energy announced that it had signed a definitive agreement to acquire Dominion Energy's natural gas transmission and storage businesses and specified related interests. The transaction's enterprise value was approximately $9.7 billion.
2020-07-06
Berkshire Hathaway to acquire Dominion Energy gas assets[12]伯克希尔哈撒韦拟收购道明尼能源天然气资产finance.sina.com.cn
Reported: 2020-07-05
Berkshire Hathaway agreed to acquire several Dominion Energy gas transmission and storage assets, including full ownership of several companies and partial stakes in Iroquois and Cove Point LNG.
2020-07-05
Berkshire Hathaway announces acquisition of Dominion Energy natural gas assets[13]伯克希尔哈撒韦宣布收购道明尼能源天然气业务资产finance.sina.com.cn
Reported: 2020-07-06
Berkshire Hathaway announced that Berkshire Hathaway Energy would acquire natural gas business assets from Dominion Energy in a transaction valued at nearly $10 billion, including specified subsidiaries and ownership stakes.

Showing the 10 most recent.

Sources23 sources

Cite this profile: Cite the canonical profile. /brand-wiki/dominion-energy · Editorial policy · How profiles are compiled