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Operating Revenue (Tables)

3 Months Ended

Mar. 31, 2023

Regulated And Unregulated Operating Revenue [Abstract]

The Companies’ operating revenue consists of the following:


	Dominion Energy					Virginia Power
Three Months Ended March 31,	2023		2022			2023		2022
(millions)
Regulated electric sales:
Residential	$	1,286	$	1,287		$	1,010	$	1,015
Commercial		1,070		898			866		717
Industrial		220		197			116		103
Government and other retail		244		272			229		258
Wholesale		44		47			29		32
Nonregulated electric sales		257		367			11		14
Regulated gas sales:
Residential		862		769
Commercial		314		273
Other		35		45
Nonregulated gas sales		1		1
Regulated gas transportation and storage		311		297
Other regulated revenues		62		46			74		51
Other nonregulated revenues(1)(2)		50		48			11		6
Total operating revenue from contracts with customers		4,756		4,547			2,346		2,196
Other revenues(1)(3)		496		(268	)		38		(29	)
Total operating revenue	$	5,252	$	4,279		$	2,384	$	2,167

(1)

See Note 19 for amounts attributable to affiliates.

(2)

Includes sales which are considered to be goods transferred at a point in time of $8 million and $11 million for the three months ended March 31, 2023 and 2022, respectively, at Dominion Energy, primarily consisting of sales of commodities related to nonregulated extraction activities and other miscellaneous products. Additionally, sales of renewable energy credits were $5 million and $4 million for the three months ended March 31, 2023 and 2022, respectively, at Dominion Energy and $3 million and less than $1 million for the three months ended March 31, 2023 and 2022, respectively, at Virginia Power.

(3)

Includes alternative revenue of $57 million and $30 million at Dominion Energy and $27 million and $8 million at Virginia Power for the three months ended March 31, 2023 and 2022, respectively.

Schedule of Aggregate Amount of Transaction Price Allocated To Fixed-price Performance Obligations That Unsatisfied At End of Reporting Period And Expected To be Recognized

The table below discloses the aggregate amount of the transaction price allocated to fixed-price performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period and when Dominion Energy expects to recognize this revenue. These revenues relate to contracts containing fixed prices where Dominion Energy will earn the associated revenue over time as it stands ready to perform services provided. This disclosure does not include revenue related to performance obligations that are part of a contract with original durations of one year or less. In addition, this disclosure does not include expected consideration related to performance obligations for which Dominion Energy elects to recognize revenue in the amount it has a right to invoice.


Revenue expected to be recognized on multi-year contracts in place at March 31, 2023	2023		2024		2025		2026		2027		Thereafter		Total
(millions)
Dominion Energy(1)	$	51	$	61	$	54	$	48	$	46	$	402	$	662

(1)

Includes no amounts for Virginia Power.