Income Taxes

For continuing operations, including noncontrolling interests, the statutory U.S. federal income tax rate reconciles to the Companies' effective income tax rate as follows:



	Dominion				Virginia Power				Dominion Gas
Three Months Ended March 31,	2015		2014		2015		2014		2015		2014
U.S. statutory rate	35.0	%	35.0	%	35.0	%	35.0	%	35.0	%	35.0	%
Increases (reductions) resulting from:
State taxes, net of federal benefit	2.9		2.7		3.8		3.8		4.0		3.4
Investment tax credits	(0.8	)	(3.6	)	—		—		—		—
Production tax credits	(0.8	)	(0.6	)	(0.4	)	(0.8	)	—		—
Other, net	(0.6	)	(0.8	)	(0.7	)	(0.2	)	(0.1	)	0.3
Effective tax rate	35.7	%	32.7	%	37.7	%	37.8	%	38.9	%	38.7	%

As of March 31, 2015, there have been no material changes in the Companies' unrecognized tax benefits or possible changes that could reasonably be expected to occur during the next twelve months. See Note 5 to the Consolidated Financial Statements in the Companies' Annual Report on Form 10-K for the year ended December 31, 2014 for a discussion of these unrecognized tax benefits.