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Operating Segments (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting Information [Line Items]  
Schedule of Primary Operating Segments

The Companies are organized primarily on the basis of products and services sold in the U.S. A description of the operations included in the Companies’ primary operating segments effective September 2023 is as follows:

Primary Operating Segment

 

Description of Operations

 

Dominion Energy

 

Virginia Power

Dominion Energy Virginia

 

Regulated electric distribution

 

X

 

X

 

 

Regulated electric transmission

 

X

 

X

 

 

Regulated electric generation fleet(1)

 

X

 

X

Dominion Energy South Carolina

 

Regulated electric distribution

 

X

 

 

 

 

Regulated electric transmission

 

X

 

 

 

 

Regulated electric generation fleet

 

X

 

 

 

 

Regulated gas distribution and storage

 

X

 

 

Contracted Energy(2)

 

Nonregulated electric generation fleet(3)

 

X

 

 

(1)
Includes Virginia Power’s non-jurisdictional solar generation operations.
(2)
Includes renewable natural gas operations.
(3)
Includes solar generation facility development operations.
Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Dominion Energy’s operations:

Year Ended December 31,

 

Dominion Energy Virginia

 

 

Dominion Energy South Carolina

 

 

Contracted Energy

 

 

Corporate
and Other

 

 

Adjustments &
Eliminations

 

 

Consolidated
Total

 

(millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

 

$

9,658

 

 

$

3,323

 

 

$

890

 

 

$

74

 

 

$

 

 

$

13,945

 

Intersegment revenue

 

 

(15

)

 

 

7

 

 

 

18

 

 

 

846

 

 

 

(856

)

 

 

 

Total operating revenue

 

 

9,643

 

 

 

3,330

 

 

 

908

 

 

 

920

 

 

 

(856

)

 

 

13,945

 

Depreciation, depletion and
   amortization

 

 

1,452

 

 

 

507

 

 

 

123

 

 

 

360

 

 

 

 

 

 

2,442

 

Equity in earnings of equity method
   investees

 

 

 

 

 

 

 

 

2

 

 

 

19

 

 

 

 

 

 

21

 

Interest income (expense)

 

 

17

 

 

 

6

 

 

 

75

 

 

 

61

 

 

 

(50

)

 

 

109

 

Interest and related charges (benefit)

 

 

645

 

 

 

220

 

 

 

18

 

 

 

169

 

 

 

(50

)

 

 

1,002

 

Income tax expense (benefit)

 

 

411

 

 

 

132

 

 

 

64

 

 

 

(755

)

 

 

 

 

 

(148

)

Net income from discontinued
   operations

 

 

 

 

 

 

 

 

 

 

 

972

 

 

 

 

 

 

972

 

Net income (loss) attributable to
   Dominion Energy

 

 

2,007

 

 

 

505

 

 

 

173

 

 

 

(1,691

)

 

 

 

 

 

994

 

Investment in equity method
   investees
(1)

 

 

 

 

 

 

 

 

103

 

 

 

192

 

 

 

 

 

 

295

 

Capital expenditures

 

 

5,187

 

 

 

708

 

 

 

683

 

 

 

1,180

 

 

 

 

 

 

7,758

 

Total assets (billions)

 

 

55.3

 

 

 

17.2

 

 

 

7.7

 

 

 

29.5

 

 

 

(5.5

)

 

 

104.2

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

 

$

7,990

 

 

$

2,968

 

 

$

1,018

 

 

$

(616

)

 

$

60

 

 

$

11,420

 

Intersegment revenue

 

 

(14

)

 

 

7

 

 

 

67

 

 

 

837

 

 

 

(897

)

 

 

 

Total operating revenue

 

 

7,976

 

 

 

2,975

 

 

 

1,085

 

 

 

221

 

 

 

(837

)

 

 

11,420

 

Depreciation, depletion and
   amortization

 

 

1,296

 

 

 

486

 

 

 

162

 

 

 

159

 

 

 

 

 

 

2,103

 

Equity in earnings of equity method
   investees

 

 

 

 

 

(3

)

 

 

(2

)

 

 

20

 

 

 

 

 

 

15

 

Interest income (expense)

 

 

11

 

 

 

10

 

 

 

81

 

 

 

12

 

 

 

(19

)

 

 

95

 

Interest and related charges (benefit)

 

 

535

 

 

 

206

 

 

 

42

 

 

 

491

 

 

 

(19

)

 

 

1,255

 

Income tax expense (benefit)

 

 

467

 

 

 

125

 

 

 

49

 

 

 

(402

)

 

 

 

 

 

239

 

Net income from discontinued
   operations

 

 

 

 

 

 

 

 

 

 

 

1,357

 

 

 

 

 

 

1,357

 

Net income attributable to
   Dominion Energy

 

 

1,914

 

 

 

437

 

 

 

232

 

 

 

705

 

 

 

 

 

 

3,288

 

Investment in equity method
   investees
(1)

 

 

 

 

 

 

 

 

74

 

 

 

88

 

 

 

 

 

 

162

 

Capital expenditures

 

 

3,756

 

 

 

694

 

 

 

420

 

 

 

1,191

 

 

 

 

 

 

6,061

 

Total assets (billions)

 

 

50.0

 

 

 

16.4

 

 

 

10.2

 

 

 

26.5

 

 

 

(3.5

)

 

 

99.6

 

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenue from external customers

 

$

7,779

 

 

$

2,782

 

 

$

1,019

 

 

$

322

 

 

$

49

 

 

$

11,951

 

Intersegment revenue

 

 

(16

)

 

 

5

 

 

 

52

 

 

 

869

 

 

 

(942

)

 

 

(32

)

Total operating revenue

 

 

7,763

 

 

 

2,787

 

 

 

1,071

 

 

 

1,191

 

 

 

(893

)

 

 

11,919

 

Depreciation, depletion and
   amortization

 

 

1,245

 

 

 

474

 

 

 

182

 

 

 

90

 

 

 

 

 

 

1,991

 

Equity in earnings of equity method
   investees

 

 

 

 

 

(1

)

 

 

(5

)

 

 

5

 

 

 

 

 

 

(1

)

Interest income (expense)

 

 

11

 

 

 

12

 

 

 

91

 

 

 

34

 

 

 

(47

)

 

 

101

 

Interest and related charges (benefit)

 

 

524

 

 

 

219

 

 

 

75

 

 

 

568

 

 

 

(47

)

 

 

1,339

 

Income tax expense (benefit)

 

 

500

 

 

 

107

 

 

 

(24

)

 

 

(642

)

 

 

 

 

 

(59

)

Net loss from discontinued
   operations

 

 

 

 

 

 

 

 

 

 

 

(1,334

)

 

 

 

 

 

(1,334

)

Net income (loss) attributable to
   Dominion Energy

 

 

1,884

 

 

 

419

 

 

 

202

 

 

 

(2,906

)

 

 

 

 

 

(401

)

Capital expenditures

 

 

3,372

 

 

 

700

 

 

 

730

 

 

 

1,529

 

 

 

 

 

 

6,331

 

 

(1)
Excludes liability to Atlantic Coast Pipeline.
Virginia Electric and Power Company  
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment

The following table presents segment information pertaining to Virginia Power’s operations:

 

Year Ended December 31,

 

Dominion Energy Virginia

 

 

Corporate and Other

 

 

Consolidated
Total

 

(millions)

 

 

 

 

 

 

 

 

 

2022

 

 

 

 

 

 

 

 

 

Operating revenue

 

$

9,643

 

 

$

11

 

 

$

9,654

 

Depreciation and amortization

 

 

1,452

 

 

 

284

 

 

 

1,736

 

Interest income

 

 

17

 

 

 

 

 

 

17

 

Interest and related charges (benefit)

 

 

645

 

 

 

(3

)

 

 

642

 

Income tax expense (benefit)

 

 

411

 

 

 

(220

)

 

 

191

 

Net income (loss)

 

 

2,007

 

 

 

(792

)

 

 

1,215

 

Capital expenditures

 

 

5,187

 

 

 

 

 

 

5,187

 

Total assets (billions)

 

 

53.2

 

 

 

 

 

 

53.2

 

2021

 

 

 

 

 

 

 

 

 

Operating revenue

 

$

7,976

 

 

$

(506

)

 

$

7,470

 

Depreciation and amortization

 

 

1,296

 

 

 

68

 

 

 

1,364

 

Interest income

 

 

11

 

 

 

 

 

 

11

 

Interest and related charges (benefit)

 

 

535

 

 

 

(1

)

 

 

534

 

Income tax expense (benefit)

 

 

467

 

 

 

(70

)

 

 

397

 

Net income (loss)

 

 

1,914

 

 

 

(202

)

 

 

1,712

 

Capital expenditures

 

 

3,756

 

 

 

 

 

 

3,756

 

Total assets (billions)

 

 

47.9

 

 

 

 

 

 

47.9

 

2020

 

 

 

 

 

 

 

 

 

Operating revenue

 

$

7,763

 

 

$

 

 

$

7,763

 

Depreciation and amortization

 

 

1,245

 

 

 

7

 

 

 

1,252

 

Interest income

 

 

11

 

 

 

 

 

 

11

 

Interest and related charges (benefit)

 

 

524

 

 

 

(8

)

 

 

516

 

Income tax expense (benefit)

 

 

500

 

 

 

(271

)

 

 

229

 

Net income (loss)

 

 

1,884

 

 

 

(863

)

 

 

1,021

 

Capital expenditures

 

 

3,372

 

 

 

 

 

 

3,372