The Companies’ operating revenue consists of the following:


	Dominion Energy								Virginia Power
Year Ended December 31,	2022			2021			2020		2022			2021		2020
(millions)
Regulated electric sales:
Residential	$	5,261		$	4,509		$	4,833	$	4,039		$	3,366	$	3,677
Commercial		4,480			3,194			3,102		3,647			2,417		2,342
Industrial		901			748			730		472			367		380
Government and other retail		1,235			921			868		1,172			862		804
Wholesale		234			175			128		132			107		90
Nonregulated electric sales		1,249			1,005			822		68			44		19
Regulated gas sales:
Residential		331			322			271
Commercial		188			160			129
Other		168			108			68
Regulated gas transportation and storage		38			35			23
Other regulated revenues		296			248			303		277			234		299
Other nonregulated revenues(1)(2)		178			237			274		61			73		50
Total operating revenue from contracts with customers		14,559			11,662			11,551		9,868			7,470		7,661
Other revenues(1)(3)		(614	)		(242	)		368		(214	)		—		102
Total operating revenue	$	13,945		$	11,420		$	11,919	$	9,654		$	7,470	$	7,763

(1)

See Note 25 for amounts attributable to related parties and affiliates.

(2)

Includes sales of renewable energy credits were $42 million, $33 million and $20 million for the years ended December 31, 2022, 2021 and 2020, respectively, at Dominion Energy and $18 million, $21 million and $11 million for the years ended December 31, 2022, 2021 and 2020, respectively, at Virginia Power.

(3)

Includes alternative revenue of $72 million, $44 million and $84 million at both Dominion Energy and Virginia Power for years ended December 31, 2022, 2021 and 2020, respectively.

Neither Dominion Energy nor Virginia Power have any amounts for revenue to be recognized in the future on multi-year contracts in place at December 31, 2022.

Contract liabilities represent an entity’s obligation to transfer goods or services to a customer for which the entity has received consideration, or the amount that is due, from the customer. At December 31, 2022 and 2021, Dominion Energy’s contract liability balances were $51 million and $47 million, respectively. At December 31, 2022 and 2021, Virginia Power’s contract liability balances were $39 million and $33 million, respectively. The Companies’ contract liabilities are recorded in other current liabilities and other deferred credits and other liabilities in the Consolidated Balance Sheets.

The Companies recognize revenue as they fulfill their obligations to provide service to their customers. During the years ended December 31, 2022 and 2021, Dominion Energy recognized revenue of $42 million and $50 million from the beginning contract liability balance. During the years ended December 31, 2022 and 2021, Virginia Power recognized revenue of $33 million and $36 million, respectively, from the beginning contract liability balance.