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Variable Interest Entities
9 Months Ended
Sep. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Variable Interest Entities

Note 15. Variable Interest Entities

There have been no significant changes regarding the entities the Companies consider VIEs as described in Note 16 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2021.

 

 

Virginia Power

Virginia Power purchased shared services from DES, an affiliated VIE, of $96 million and $89 million for the three months ended September 30, 2022 and 2021, respectively, and $290 million and $278 million for the nine months ended September 30, 2022 and 2021, respectively. Virginia Power’s Consolidated Balance Sheets include amounts due to DES of $27 million and $20 million at September 30, 2022 and December 31, 2021, respectively, recorded in payables to affiliates.