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Dominion Energy delivers electricity and natural gas to residential, commercial, and industrial customers across eight states, with a focus on Virginia, North Carolina, and South Carolina, under a regulated utility framework. Its generation mix includes nuclear, solar, coal, natural gas, and hydro, providing a reliable supply while gradually adding cleaner sources. Customers access services online for account management and outage reporting to improve convenience. The company aims to provide dependable energy at reasonable prices while expanding capacity and advancing the transition to cleaner energy.
Industries
Energy
Company Size
10,001+
Company Stage
IPO
Headquarters
Richmond, Virginia
Founded
1983
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$75B
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Troubles arose at SC nuclear plant after workers failed to inspect safety equipment. July 3, 2026 7:00 AM Gift Article For nearly a decade, atomic power plant workers in South Carolina failed to maintain part of a system that is supposed to keep the V.C. Summer nuclear station safe during an emergency. The lack of maintenance, noted in federal inspection records, left V.C. Summer's emergency feedwater pumping system unable to perform the safety features it was designed to provide at the nuclear energy plant northwest of Columbia, records show. Now, Dominion Energy faces increased federal scrutiny for not keeping up with maintenance on the turbine driven emergency feedwater pump, a system that is supposed to keep cool water flowing through the plant during an emergency so that nuclear material won't overheat and release radiation. Because of the problems, the U.S. Nuclear Regulatory Commission has upheld an earlier decision to issue what's known as a "white finding," an inspection grade not often given to atomic power plants by the federal oversight agency. But in V.C. Summer's case, it is at least the fourth white finding handed down by the NRC since 2022 over maintenance issues. A white designation indicates there are problems with a nuclear plant that need to be resolved. The designation is not the worst rating that could be given - two others the NRC can hand out represent bigger safety concerns - but it's more significant than the more routine green findings the agency assesses when it runs across problems during nuclear plant inspections. Dominion had contested a preliminary decision by the NRC to issue the white finding, but the agency turned that appeal down late last month, saying the pump problems constituted more of a safety concern than Dominion contended. At issue are components of the turbine driven emergency feedwater system that records show had not been maintained by Dominion since 2017. The lack of preventive maintenance on part of the feedwater pump caused a key component to degrade - and the component's condition eventually rendered the pump "non-functional," according to a June 29 notice of violation by the NRC against Dominion. Turbine driven emergency feedwater pumps ensure water circulates through nuclear plants in the event of emergencies, such as the loss of power and the failure of generators needed for backup power. It's vital to keep the reactor and spent fuel cool to prevent overheating. The problems at V.C. Summer have been resolved. But in the June 29 letter to Dominion, acting NRC regional administrator Julio Lara said "the notice is considered escalated enforcement action because it is associated with a white finding." The letter went on to say that, depending on how Dominion responds to calls for improvement, the NRC "will also determine whether further enforcement action is necessary to ensure compliance with regulatory requirements." NRC officials typically follow up on violations by increasing the number of inspections at nuclear plants, but in extreme cases, they can issue fines. In a letter to the NRC, a top official with the utility said the problem has been resolved. The company has rebuilt a component known as a "linkage assembly" where the problem occurred, officials said. Dominion "takes this matter seriously and has thoroughly evaluated the condition and are (sic) implementing corrective actions to prevent recurrence," the utility's chief nuclear officer, Eric Carr, said in a May 7 letter. The letter said the energy company believes the problem was less serious than the NRC contends. Company spokesman Matt Long said in an email that Dominion understands the NRC's action. "V.C. Summer has implemented additional preventive maintenance practices to ensure the issue is thoroughly addressed," Long's email said. "There was no danger to the public." As Long indicated, there was no emergency that would have required the use of the turbine driven emergency feedwater pump, but the white finding and recurring maintenance issues caught the attention of one nuclear watchdog. Ed Lyman, the director of nuclear power safety at the Union of Concerned Scientists, said the V.C. Summer findings are worth paying attention to - particularly now. The NRC, he said, has in recent years become more lenient on nuclear plants, changing some white findings to green. There are increasing efforts across the country to bolster the country's nuclear energy capacity to meet future demand. So "when they stand their ground and do issue white findings, it is more significant than it used to be," said Lyman, who wrote a paper last year criticizing changes in the NRC's enforcement efforts. " It means they really do have a concern that can't just be buried." His 2025 report listed V.C. Summer as among 13 nuclear sites in the country with a recent history of violations. The latest issue with Dominion follows disagreements between the power company and the NRC over how it maintains certain safety machinery in the nuclear plant. The NRC hit Dominion with white findings in 2022 and 2023 over what it said was a failure to properly inspect and maintain V.C. Summer's emergency diesel generator system that provides backup power. In one case, the agency initially levied a yellow finding, a category that outlines more serious safety concerns, but dropped that to white after the company protested. The NRC has four color-coded designations to assess nuclear performance: red, which outlines serious problems; yellow, which is considered moderate; white, which is of medium to low safety significance; and green, which is of very low safety significance. Like with the most recent issue involving the pumping system no one was put in danger, but critics said it's vital to keep diesel generators in top shape in case of emergency. The V.C. Summer plant, licensed in 1982, is about 25 miles northwest of Columbia in Fairfield County. It is one of four sites in the state where nuclear reactors produce power for distribution to the public. The others are in Oconee, York and Darlington counties. Plans are now underway to restart construction of two additional reactors at V.C. Summer to help provide demand for energy by power-consuming data centers and by the public. SCE&G, which later was acquired by Dominion, and state owned Santee Cooper walked away from the project in 2017 after spending some $9 billion and watching construction efforts fall years behind schedule... Dominion, a Virginia utility in talks with Next Era about consolidation, is not involved in plans to restart the project, even though it operates the existing reactor. Santee Cooper is spearheading the expansion effort with a private company. Dominion's recent issues over maintenance at V.C. Summer have occurred at the roughly same time that a warning system went down at the nuclear plant. The Everbridge alert system, provided by a third party, was unavailable briefly the weekend of June 26. The system provides a rapid way to notify first responders in the event of an emergency. That system has been restored.
NORTH CAROLINA: Dominion to buy land for North Carolina offshore wind project. Stacy Parker, The Virginian-Pilot June 12, 2026 - Dominion Energy will purchase 32 acres in a Virginia Beach business park for an onshore substation and grid connection point to serve a wind farm project planned off the coast of North Carolina. The land sale in Corporate Landing Business Park was approved at a Development Authority meeting on Tuesday. The authority owns the property and had originally approved Dominion's purchase option in 2019, but the agreement expired last year. The purchase price will be based on a forthcoming appraisal, but the agreement guarantees it will exceed $6 million, or at least $200,000 per acre.
SC nuclear plant didn't maintain key safety equipment for years, feds say. Updated May 1, 2026 6:18 PM Gift Article JENKINSVILLE, SC The V.C. Summer nuclear power plant north of Columbia failed for years to maintain a key piece of safety equipment that could help the plant continue running properly during an emergency, according to federal records and interviews with government inspectors. The equipment is a turbine-driven pump that provides water to help keep things cool if an accident at the nuclear plant occurs. Cool water must be circulated to prevent atomic energy plants from overheating and releasing harmful radiation at the site and into surrounding communities. Records show the pump experienced problems in August 2025 and again in November of that year because Dominion Energy, the nuclear plant's owner, did not schedule and maintain parts of the pumping system, in one case for decades. That led to problems that could have been avoided if regular maintenance had occurred, federal officials said. In one of the cases, maintenance did not occur for 20 years on part of the pump. In the other, maintenance wasn't done for nine years on another part of the pump. In the latter case, problems were found after a fire in a generator control breaker at the V.C. Summer plant, records show. In both cases, maintenance should have been done regularly, federal officials say. The safety equipment is formally known as a turbine driven emergency feedwater pump. Officials with the Nuclear Regulatory Commission discussed the problems during an annual public meeting Thursday night in Jenkinsville to outline how well the plant complied with safety rules in 2025. Overall, the plant operated safely. But the pump problems are issues that Dominion Energy is having to address - and they come just a few years after the NRC noted the company's failure to resolve problems with another part of the plant that also is designed to keep the nuclear reactor cool during an emergency. Problems with the plant's emergency backup diesel generators were flagged by the NRC in 2022 and 2023. In one of the cases, the plant's operators failed for two decades to stop cracks and leaks in V.C. Summer's backup diesel generator system, The State reported in 2023. Like the turbine driven pumps, the diesel generators are part of a backup system to keep the plant cool during emergencies. In each of four cases dating to 2022, the NRC issued a "white" finding, a rare rating that notes safety concerns that need resolution. The most serious finding a nuclear plant can get is a red one, with the least serious a green finding. The second most serious violation is yellow. In the 2023 case, the NRC initially gave V.C. Summer a yellow finding, but later backed off after discussions with Dominion officials. Nuclear safety advocates say the recent pattern of white findings is disturbing, even though the NRC and Dominion say the problems never put anyone in danger. White findings, while less serious than red and yellow findings, are not commonly handed out by the Nuclear Regulatory Commission. Only three were issued nationally last year. They are indicators of problems that need resolution. "There seems to be a common thread - they're not finding and fixing problems quickly enough," said Dave Lochbaum, an environmentalist with years of expertise on atomic energy plant safety. "The NRC doesn't like that. The NRC wants you to find it at the first opportunity and fix it right the first time." NRC inspector Mac Read said one of the 2025 white findings is not final and could be changed to a less significant green rating, depending on what Dominion says. Dominion said in an email that it is working to improve but has operated safely. "The finding the NRC referenced is related to the procedures used to perform maintenance on a pump in V.C. Summer's auxiliary feed water system," the company said in an email Thursday night. "There was no danger to the public. V.C. Summer has revised the procedures and implemented additional preventive maintenance practices to ensure the issue is thoroughly addressed." The NRC does not often fine power companies over issues like the one at V.C. Summer, so it's unlikely the agency would hit Dominion with a financial penalty. But the agency could beef up inspections to ensure the problems are resolved. The V.C. Summer nuclear plant, located on Lake Monticello about 25 miles north-northwest of Columbia, became operational in the early 1980s. It is one of four sites in South Carolina where plants produce atomic power for the electric grid. Two new nuclear reactors were at one time to be built adjacent to the current Summer reactor, but power companies SCE&G and Santee Cooper pulled the plug in 2017 on the partially built project amid delays and unforeseen costs. Some $9 billion had been spent when the project was shuttered. Ratepayers had been charged for the failed effort. Now, leaders in South Carolina are pushing to restart the stalled project to meet future energy needs. Santee Cooper is working with Brookfield Asset Management to complete the project. This story was originally published May 1, 2026 at 4:17 PM.
Dominion Energy has amended its sustainability-linked revolving credit facility and extended its core revolving credit agreement, pushing maturities to 2029 and 2031. The extensions provide enhanced liquidity as the utility company continues developing its Coastal Virginia Offshore Wind project. The credit facility extensions strengthen near-term liquidity but don't materially change key investment factors, including execution and cost control on the offshore wind project, which is approximately 70% complete with full completion targeted for early 2027. The project recently delivered its first power to the grid. Whilst the extended credit lines provide greater financial flexibility, investors remain exposed to potential cost overruns, tariff impacts and regulatory decisions on cost recovery. Dominion Energy's narrative projects $19.6 billion revenue and $3.8 billion earnings by 2029, requiring 5.9% yearly revenue growth.
South Carolinians fret over price tag of proposed gas plant at PSC hearing. As volatile fracked gas prices and energy demand rises, customers worry about paying more for less. COLUMBIA, S.C. - Last night, dozens of South Carolinians testified before the state Public Service Commission at two back-to-back hearings, expressing concerns that the proposed Canadys gas power plant may drive up already skyrocketing energy costs for customers of Santee Cooper and Dominion Energy South Carolina (DESC). Kenni Cummings, a Tenant Organizer and Dominion ratepayer said, "In the summer things are brutal, in the winter things are hard. Folks run their AC and their heat to stay safe. That's a safety reality but the reality is they are choosing between paying their light bill and groceries or prescriptions every month." Originally proposed in August 2024 as a $2.5 billion project, the Canadys gas power plant project has already ballooned to a new price tag of $5 billion, while actual construction could drive this cost even higher. Delays in the supply chain for plant components, macroeconomic factors like tariffs or inflation, or cost overruns with building new pipelines and transmission could all contribute to a much higher price. Once operational, the power plant would be fueled by fracked gas, often called "natural gas," which is seeing historic volatility on global markets. All of these expenses would likely be passed on to DESC and Santee Cooper ratepayers, though the PSC has the power to cap the total cost. "We should not repeat mistakes by investing in costly infrastructure that may not serve our long-term needs. Our region is growing and we need reliable energy, but that does not mean defaulting to outdated solutions. We should be using existing infrastructure where possible, expanding solar paired with battery shortage, and investing in a more resilient modern grid," said Maya Rivera-Vazquez, a Dominion Energy ratepayer. One reason for the proposed scale is because Santee Cooper expects many new data centers to be built. However, experts point out the risks of major investment based on speculative load from operators who have not made any commitments to build data centers in South Carolina. "Santee Cooper and Dominion should not make lasting multi-billion dollar investments based on ifs and maybes from potential data center developers that have not even signed contracts," said Sierra Club's Senior Campaign Organizer for the Carolinas, Paul Black. "It is also very costly and risky for ratepayers - and harmful for public health - if Santee Cooper and Dominion keep three aging coal plants online in addition to building a new large gas plant. Any approval of the Canadys plant should be paired with a commitment by the utilities to retire the polluting Wateree, Williams, and Winyah coal plants. In DESC's recently released 2026 Integrated Resource Plan, the utility stated broader plans to cling to expensive coal power in addition to doubling down on new gas like the Canadys proposal. The preferred portfolio in the IRP lists retirement years for two coal-fired power plants as 2032 and 2034, claiming it will need the Canadys gas plant to be constructed before retirement. However, DESC's plans fall short of actually committing to retire either coal plant. Santee Cooper is also refusing to commit to retire its old, costly Winyah coal plant, even if the Canadys gas plant is operational. About the Sierra Club The Sierra Club is America's largest and most influential grassroots environmental organization, with millions of members and supporters. In addition to protecting every person's right to get outdoors and access the healing power of nature, the Sierra Club works to promote clean energy, safeguard the health of its communities, protect wildlife, and preserve its remaining wild places through grassroots activism, public education, lobbying, and legal action. For more information, visit www.sierraclub.org.
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Industries
Energy
Company Size
10,001+
Company Stage
IPO
Headquarters
Richmond, Virginia
Founded
1983
Find jobs on Simplify and start your career today