Core Points - Dominion Energy Virginia is promoting energy-saving tips and programs to assist customers in managing their energy bills during winter months [1][2] - The company emphasizes the importance of energy efficiency and offers various programs to help customers save on energy costs and provide bill payment assistance [4][7] Energy-Saving Tips - Customers are advised to manage their thermostat settings, ideally keeping it at 68° or lower for comfort [2] - Regular replacement of air filters is recommended to prevent increased energy usage and maintain air quality [2] - Water heater temperature should be set to 120°, unless otherwise specified by the manufacturer [2] - Attic insulation should be at least 12 inches deep, with R-38 or higher insulation recommended [2] - Sealing drafts around windows and doors is crucial for energy conservation [2] Energy-Saving Programs - Dominion Energy offers Virtual Energy Audits to help customers improve home energy efficiency, along with a free energy savings kit [4] - The Budget Billing program allows customers to avoid seasonal fluctuations in their power bills by averaging their usage over the past 12 months [5] - Energy Usage Alerts can be set up to notify customers when their energy usage exceeds a predetermined threshold, allowing for timely conservation efforts [6] Bill Payment Assistance - The Percentage of Income Payment Plan (PIPP) caps monthly power bills for eligible low-income customers at 6-10% of their income [7] - The EnergyShare program provides up to $600 in bill payment assistance from October 1 to May 31, available to anyone in need [8] - A comprehensive list of customer assistance options is available through Dominion Energy's website or by calling their support line [9]

Core Points - Diane Leopold, executive vice president and chief operating officer of Dominion Energy, will retire on June 1, 2025, after a 36-year career in the energy industry, with 30 years at Dominion Energy [1][2] - Ed Baine will take over utility and contracted energy responsibilities, becoming president-Utility Operations and Dominion Energy Virginia, while Eric Carr will become chief nuclear officer and president-Nuclear Operations and Contracted Energy [1][4] - Baine currently oversees operations for 2.8 million customer accounts in Virginia and northeast North Carolina, and will also manage Dominion Energy South Carolina starting January 1, 2025 [4] - Eric Carr, who joined Dominion Energy in 2023, oversees nuclear operations at four stations and will add responsibility for the Contracted Energy business segment on January 1, 2025 [6][7] - Dominion Energy provides regulated electricity service to 3.6 million homes and businesses across Virginia, North Carolina, and South Carolina, and is a leading developer of offshore wind and solar power [8]

Core Viewpoint - Dominion Energy's shares have increased by 31.9% year to date, outperforming the Zacks Utility – Electric Power industry's growth of 24.1% [1] Investment and Infrastructure - Dominion Energy plans to invest $43 billion through 2029 to enhance its infrastructure and reduce outages [2][11] - The company aims for net-zero carbon and methane emissions from its electric generation and natural gas infrastructure by 2050 [2] Performance and Growth - Dominion Energy's shares are trading above the 50-day and 200-day simple moving averages, indicating a bullish trend [5] - The company is experiencing commercial load growth driven by demand from data centers, connecting 14 new data centers year to date and expecting to connect an additional 16 in 2024 [12] Strategic Initiatives - The company has divested some merchant generation facilities to focus on regulated assets, which will enhance operational stability [7] - Dominion Energy signed a Memorandum of Understanding with Amazon to explore Small Modular Reactor (SMR) nuclear development in Virginia [8][9] Financial Outlook - Dominion Energy expects its 2024 EPS to be in the range of $2.68-$2.83, a significant increase from $1.99 per share in 2023, indicating a year-over-year growth of 38.7% [14] - The current annual dividend is $2.67, with a dividend yield of 4.52%, outperforming the industry's yield of 3.18% [15] Valuation and Returns - Dominion Energy is currently valued at a premium compared to its industry on a forward 12-month P/E basis [16] - The trailing 12-month return on equity (ROE) is 8.35%, lower than the industry average of 10.98%, indicating less efficient utilization of shareholders' funds [18] Summary - The company's systematic investment in clean energy production and grid strengthening is expected to provide reliable service to customers, with rising demand for clean energy acting as a tailwind [20]

Core Insights - Dominion Energy has a high dividend yield of 4.75%, making it one of the top utility companies in the US with market capitalizations over $10 billion, providing a 1.7% dividend premium over a popular utility ETF [1] Company Overview - Dominion Energy is recognized for its strong dividend yield, which is a significant factor for investors seeking income [1] Analyst Background - The analysis is conducted by a financial analyst with over a decade of market experience, including expertise in private equity, real estate, and economic research [1]

Group 1 - The Conservative Income Portfolio targets high-value stocks with significant margins of safety and aims to reduce volatility through well-priced options [1][3] - The Enhanced Equity Income Solutions Portfolio is designed to generate yields of 7-9% while minimizing volatility [1] - Trapping Value offers a Covered Calls Portfolio focused on lower volatility income investing and capital preservation [2][3] Group 2 - The Fixed Income Portfolio emphasizes purchasing securities with high income potential and significant undervaluation compared to peers [2] - Trapping Value consists of a team of analysts with over 40 years of combined experience in generating options income while prioritizing capital preservation [3]

RICHMOND, Va., Nov. 13, 2024 /PRNewswire/ -- Dominion Energy, Inc. (NYSE: D), announced today that it will redeem for cash all outstanding shares of its 4.65% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, without par value (the Series B Preferred Stock), effective Dec. 15, 2024 (the Redemption Date), at a price of $1,000 per share, which is equal to the per-share liquidation preference of the Series B Preferred Stock. Because the Redemption Date is not a business day, the redemp ...

For the quarter ended September 2024, Dominion Energy (D) reported revenue of $3.94 billion, up 3.4% over the same period last year. EPS came in at $0.98, compared to $0.77 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.09 billion, representing a surprise of -3.60%. The company delivered an EPS surprise of +6.52%, with the consensus EPS estimate being $0.92.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Dominion Energy, Inc. (NYSE:D) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants David McFarland - VP, IR and Treasurer Robert Blue - Chair, President and CEO Steven Ridge - EVP and CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Ross Fowler - Bank of America Jeremy Tonet - JPMorgan Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Operator Welcome to the Dominion Energy Third Quarter Earnings Conference Call. At this t ...

Dominion Energy Inc. (D) delivered third-quarter 2024 operating earnings of 98 cents per share, which surpassed the Zacks Consensus Estimate of 92 cents by 6.5%. The metric increased 27.3% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.GAAP earnings were $1.12 per share compared with 16 cents in the year-ago quarter.The difference between GAAP and operating earnings for the period includes gains and losses on nuclear decommissioning trust funds, mark-to-ma ...

Exceeded initial objectives with 78 monopile foundations and 4 offshore substation foundations safely installed since May 22 Second installation season begins May 2025 CVOW is fully permitted by state and federal authorities, remains on-budget and on schedule to complete construction in late 2026RICHMOND, Va., Nov. 1, 2024 /PRNewswire/ -- Dominion Energy announced today that 78 monopile foundations and 4 offshore substation foundations were installed for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVO ...