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Income Taxes
3 Months Ended
Mar. 31, 2016
Income Tax Disclosure [Abstract]  
Income Taxes
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,
2016
2015
2016
2015
2016
2015
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
4.3

2.9

4.2

3.8

3.9

4.0

Investment tax credits
(10.9
)
(0.8
)
(1.3
)



Production tax credits
(0.8
)
(0.8
)
(0.6
)
(0.4
)


Other, net
(2.4
)
(0.6
)
(0.6
)
(0.7
)
(0.1
)
(0.1
)
Effective tax rate
25.2
 %
35.7
 %
36.7
 %
37.7
 %
38.8
 %
38.9
 %


As of March 31, 2016, 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, 2015 for a discussion of these unrecognized tax benefits.