Dominion Energy

Dominion Energy

Provides regulated electricity and natural gas services

About Dominion Energy

Simplify's Rating
Why Dominion Energy is rated
B-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consulting

Energy

Company Size

10,001+

Company Stage

IPO

Headquarters

Richmond, Virginia

Founded

1983

Overview

Dominion Energy provides regulated electricity and natural gas services to millions of customers in the southeastern United States. The company supplies electricity to 3.6 million homes and businesses across Virginia, North Carolina, and South Carolina, and offers natural gas services to 500,000 customers in South Carolina. Dominion Energy is also a significant player in renewable energy, focusing on offshore wind and solar power, and is recognized as the largest producer of carbon-free electricity in New England. Unlike many competitors, Dominion Energy emphasizes a commitment to clean energy solutions while ensuring reliable and affordable service. The company's goal is to deliver dependable energy that meets the needs of its customers while increasingly prioritizing sustainability.

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Simplify's Take

What believers are saying

  • $7 billion credit facility boosts Dominion's clean energy transition.
  • Beehives at Black Bear Solar farm enhance biodiversity and public perception.
  • Offshore wind project aligns with U.S. trend towards renewable energy growth.

What critics are saying

  • Long-term energy plan faces legal challenges over fossil fuel reliance.
  • Chesterfield peaker plant project faces community and environmental opposition.
  • Brownfield solar project may encounter logistical and regulatory delays.

What makes Dominion Energy unique

  • Dominion Energy partners with Community Power Group for solar on brownfields.
  • EnergyShare program aids small businesses in South Carolina with utility bills.
  • Coastal Virginia Offshore Wind project highlights Dominion's offshore wind commitment.

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Funding

Total Funding

$7002.7M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

Mountain Media
Apr 24th, 2025
Power struggle: State Corporation Commission weighs Dominion's energy plan

(The Center Square) - Virginia regulators are reviewing Dominion Energy's long-term energy plan, which environmental groups say leans too heavily on fossil fuels and violates state climate law.

Investing.com
Apr 9th, 2025
Dominion Energy secures $7 billion credit facility By Investing.com

Dominion Energy secures $7 billion credit facility

C-Ville
Mar 28th, 2025
Brownfield land in Albemarle should have solar on top by end of 2025

Dominion will partner with Community Power Group, an organization that seeks to place solar panels on brownfields, such as a capped landfill in Washington County, Maryland, where it worked with officials on a 2.5-megawatt installation.

Here Rock Hill
Mar 17th, 2025
Dominion Energy Supports Small Businesses in South Carolina

Dominion Energy has launched the EnergyShare for Small Business program to assist small businesses and nonprofits in South Carolina facing financial hardships with utility bills.

Virginia Business
Mar 14th, 2025
Skanska completes offshore wind staging project at Port of Virginia

Richmond-based Dominion Energy will use the terminal staging port for its $9.8 billion Coastal Virginia Offshore Wind project.

There are no jobs for Dominion Energy right now.

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