Dominion Energy is an American energy company based in Richmond, Virginia. It provides electricity to areas of Virginia, North Carolina, and South Carolina. The company also supplies natural gas to portions of Utah, Idaho, Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. Additionally, Dominion maintains power generation facilities in Indiana, Illinois, Connecticut, and Rhode Island.
In 1901, the water rights from the Upper Appomattox Company passed to the newly formed Virginia Passenger & Power Company, marking a significant transition in the company's early history.
On June 29, 1909, Frank Jay Gould founded Virginia Railway & Power Company, a direct corporate ancestor of Dominion Energy, which soon acquired Virginia Passenger & Power.
In 1925, Virginia Railway & Power Company changed its name to the Virginia Electric and Power Company (VEPCO), becoming a regulated monopoly.
In 1940, VEPCO doubled its service territory through a merger with the Virginia Public Service Company, expanding its reach.
In 1944, VEPCO sold its transit operations, focusing on its core electric and power business.
In 1980, VEPCO began branding itself as "Virginia Power" in Virginia and "North Carolina Power" in North Carolina, creating distinct regional identities.
In 1985, Dominion split its distribution operations between two companies: Virginia Power, for operations in Virginia and the Greenbrier Valley of West Virginia, and North Carolina Power, for operations in North Carolina.
In 1986, Dominion expanded its territory in Northern Virginia by purchasing the Virginia distribution territory of Potomac Electric Power Company (PEPCO).
In 1987, Dominion sold its West Virginia assets to Utilicorp United, which became West Virginia Power, while retaining ownership of the Mount Storm Power Station in West Virginia.
In 1999, West Virginia Power was sold to Allegheny Energy and integrated into its Monongahela Power subsidiary.
In 2000, Dominion acquired Consolidated Natural Gas Company (CNG) of Pittsburgh, adding natural gas service to its energy delivery network in the Northeastern U.S. markets.
In 2000, Dominion re-branded all of its operations, including Virginia Power, North Carolina Power, and Consolidated Gas, under the unified name "Dominion" to create a more cohesive energy company.
In 2001, Dominion bought Louis Dreyfus Natural Gas Company, further expanding its natural gas delivery network.
In 2001, local residents voiced concerns regarding the reopening of Dominion's Dominion Cove Point LNG subsidiary. Their worries stemmed from the plant's proximity to the Calvert Cliffs Nuclear Power Plant (only 3 miles away) and the potential damage an attack or explosion could cause. Residents felt the Federal Energy Regulatory Commission hadn't adequately considered these risks before allowing the plant to reopen.
In 2002, Dominion was responsible for various toxicant emissions, including 1,110,703 pounds of gastrointestinal or liver toxicants, 1,440,000 pounds of musculoskeletal toxicants, 1,489,763 pounds of suspected respiratory toxicants, and 1,478,383 pounds of suspected skin or sense organ toxicants, among other suspected hazardous emissions.
In 2005, Washington Gas alleged that the natural gas imported by Dominion at the plant was too "hot," implying a lower heavy hydrocarbon content and a higher burning temperature. Washington Gas argued this "hot" gas caused issues for customers and led to numerous main breaks. Dominion refuted these claims, asserting the imported gas wasn't responsible and that expanding the service area wouldn't lead to more leaks in the District of Columbia and Northern Virginia suburbs.
On February 13, 2007, The Washington Post reported that Dominion was planning to change the route of a 500 kV transmission line to appease critics in Northern Virginia.
In December 2007, the United States Environmental Protection Agency (EPA) and Dominion Energy of Brayton Point reached a settlement concerning the company's power generating plant. The settlement required the plant to install new closed cycle cooling towers to protect aquatic organisms in Mount Hope Bay.
In 2007, Dominion sold the majority of its oil and natural gas exploration and production assets to focus on electric generation and energy distribution, transmission, storage, and retail businesses.
In 2007, as part of a refocus on core electric and gas operations, Dominion sold most of its Houston-based natural gas and oil exploration and production business for nearly $14 billion in pre-tax proceeds.
On February 15, 2008, the SCC approved a controversial proposal for a 230 kV Dominion Virginia transmission line along the Washington & Old Dominion Railroad Trail.
On March 4 and March 5, 2008, the Virginia General Assembly unanimously passed emergency legislation ordering the SCC to approve the underground construction of the transmission line along the W&OD trail.
In June 2008, Dominion began constructing a 605 MWe coal-fired power station in Wise County, Virginia, later named the "Virginia City Hybrid Energy Center."
In September 2008, activists from the Rainforest Action Network blockaded the site of the Wise County coal-fired power station.
On October 7, 2008, the State Corporation Commission (SCC) accepted Dominion's proposal for the controversial 500kV transmission line.
In 2008, the Dominion PAC donated $539,038, with 50% going to Republicans and 47% to Democrats.
As of December 2009, construction of the Virginia City Hybrid Energy Center in Wise County, Virginia, had reached the halfway point.
In 2009, the Dominion Political Action Committee (PAC) donated a total of $814,885, with 56% going to Republicans and 41% to Democrats.
In 2010, FirstEnergy acquired Allegheny Energy, including its Monongahela Power subsidiary, which had previously acquired West Virginia Power.
In 2010, the Political Economy Research Institute ranked Dominion Resources 51st among corporations emitting airborne pollutants in the United States.
In 2010, the book "Dominion’s First Century: A Legacy of Service", which details the company's 100-year history, was published.
The Virginia City Hybrid Energy Center, a 605 MWe coal fired power station in Wise County, Virginia, was scheduled to be fully operational in mid-2012.
In September 2016, Dominion Energy acquired Questar Corporation, expanding its operations into the Western United States, specifically parts of Utah and Wyoming.
In September 2016, Dominion Resources completed its acquisition of Questar Corporation, expanding its presence in the Western United States.
In 2016, Dominion selected twelve employees from Ohio, Pennsylvania, Virginia, and West Virginia for the Benjamin J. Lambert, III, Volunteer of the Year Program.
In the 2016 election cycle, the Dominion PAC contributed $1,276,016.17 to various political candidates and committees.
2017 marked the thirty-third year of Dominion's Benjamin J. Lambert, III, Volunteer of the Year Program, which recognizes top company volunteers by paying $1000 to the charity of their choice.
In 2017, Dominion Resources rebranded itself as Dominion Energy, introducing a new logo to reflect the change.
In 2017, Dominion was ranked #238 on the Fortune 500 list, recognizing its financial success and market presence.
In May 2018, ground was broken on the Atlantic Coast Pipeline in Lewis County, West Virginia, a natural gas pipeline project involving Dominion as a partner.
In January 2019, Dominion Energy completed its acquisition of SCANA Corporation, further expanding its energy portfolio.
In July 2020, Dominion and Duke Energy canceled the Atlantic Coast Pipeline project due to cost increases from lawsuits and environmental opposition.
In July 2020, Dominion announced plans to sell its natural gas transmission and storage assets to Berkshire Hathaway in a deal estimated at $10 billion.
In 2020, Dominion responded to the coronavirus pandemic by suspending service disconnections for non-payment, helping disconnected customers reconnect, waiving late and reconnection fees, and directing its charitable foundation to provide $1 million in aid to individuals and organizations fighting COVID-19.
In 2021, lobbyists for Dominion worked to pass West Virginia's Critical Infrastructure Protection Act, creating felony penalties for trespassing offenses targeting oil and gas facilities.
In February 2022, Dominion Energy sold one of its subsidiaries, Dominion Energy West Virginia, to Hearthstone Utilities Inc. for $690 million; the operations in West Virginia continued under the name "Hope Gas".
In 2022, Dominion Energy's "grid transformation program" aimed to build 3,000 megawatts worth of new solar and wind energy.
In 2022, Dominion's electric production came from coal (18%), nuclear power (23%), natural gas (48%), hydroelectricity and other renewables (11%).
In September 2023, Enbridge agreed to acquire East Ohio Gas, Questar Gas, and Public Service Co. of North Carolina from Dominion for an enterprise value of $14 billion.
Dominion expects all the wind turbines for the Coastal Virginia Offshore Wind (CVOW) project to be in place by 2026, adding over 2,600 megawatts of clean energy to their grid.
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