Last $70.22 USD
Change Today +0.37 / 0.53%
Volume 1.6M
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

120 Tredegar Street

Richmond, VA 23219

United States

Phone: 804-819-2000

Fax:

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. The company’s portfolio of assets includes approximately 23,600 MW of generating capacity, 6,400 miles of electric transmission lines, 57,000 miles of electric distribution lines, 10,900 miles of natural gas transmission, gathering and storage pipeline and 21,900 miles of gas distribution pipeline, exclusive of service lines. The company’s operations are conducted through various subsidiaries, including Virginia Electric and Power Company (Virginia Power). Virginia Power is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina. In Virginia, Virginia Power conducts business under the name ‘Dominion Virginia Power’ and primarily serves retail customers. In North Carolina, it conducts business under the name ‘Dominion North Carolina Power’ and serves retail customers located in the northeastern region of the state, excluding certain municipalities. In addition, Virginia Power sells electricity at wholesale prices to rural electric cooperatives, municipalities and into wholesale electricity markets. Segments The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. Virginia Power manages its daily operations through two primary operating segments, DVP and Dominion Generation. DVP The DVP segment of Dominion and Virginia Power includes Virginia Power’s regulated electric transmission and distribution (including customer service) operations, which serve approximately 2.5 million residential, commercial, industrial and governmental customers in Virginia and North Carolina. Virginia Power is a member of PJM Interconnection, L.L.C. (PJM), an Regional transmission organization (RTO), and its electric transmission facilities are integrated into PJM wholesale electricity markets. Properties: Virginia Power has approximately 6,400 miles of electric transmission lines of 69 kV or more located in the states of North Carolina, Virginia and West Virginia. While Virginia Power owns and maintains its electric transmission facilities, they are a part of PJM, which coordinates the planning, operation, emergency assistance and exchange of capacity and energy for such facilities. In addition, Virginia Power’s electric distribution network includes approximately 57,000 miles of distribution lines, exclusive of service level lines, in Virginia and North Carolina. DOMINION GENERATION The Dominion Generation segment of Virginia Power includes the generation operations of the Virginia Power regulated electric utility and its related energy supply operations. Virginia Power’s utility generation operations primarily serve the supply requirements for the DVP segment’s utility customers. The Dominion Generation segment of the company includes Virginia Power’s generation facilities and its related energy supply operations, as well as the generation operations of the company’s merchant fleet and energy marketing and price risk management activities for these assets and nonregulated retail energy marketing operations. The company’s retail customer base includes 2.1 million customer accounts and is diversified across three product lines: natural gas, electricity and energy-related products and services. Dominion Generation segment—Dominion and Virginia Power The generation capacity of Virginia Power’s electric utility fleet totals approximately 19,600 MW. The generation mix is diversified and includes coal, nuclear, gas, oil, hydro, renewables, and power purchase agreements. Virginia Power’s generation facilities are located in Virginia, West Virginia and North Carolina and serve load in Virginia and northeastern North Carolina. DOMINION ENERGY Dominion Energy includes the company’s regulated natural gas distribution companies, regulated gas transmission pipeline and storage operations, natural gas gathering and by-products extraction activities, LNG operations and its investment in the Blue Racer joint venture. Producer services uses physical and financial arrangem

 

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