Operating Revenue (Tables)

12 Months Ended

Dec. 31, 2019

Operating Revenue For Revised Guidance of Revenue Recognition From Contracts with Customers

The Companies’ operating revenue, subsequent to the adoption of revised guidance for revenue recognition from contracts with customers, consists of the following:

Year Ended December 31,	2019		2018
(millions)
Dominion Energy
Regulated electric sales:
Residential	$	4,325	$	3,413
Commercial		3,219		2,503
Industrial		683		490
Government and other retail		873		854
Wholesale		176		137
Nonregulated electric sales		926		1,294
Regulated gas sales:
Residential		1,343		818
Commercial		457		221
Other		117		36
Nonregulated gas sales		496		214
Regulated gas transportation and storage:
FERC-regulated		1,057		1,091
State-regulated		742		640
Nonregulated gas transportation and storage		676		442
Other regulated revenues		259		179
Other nonregulated revenues(1)(2)		415		563
Total operating revenue from contracts with customers		15,764		12,895
Other revenues(2)(3)		808		471
Total operating revenue	$	16,572	$	13,366
Virginia Power
Regulated electric sales:
Residential	$	3,657	$	3,413
Commercial		2,712		2,503
Industrial		455		490
Government and other retail		823		854
Wholesale		128		137
Other regulated revenues		190		132
Other nonregulated revenues(1)(2)		71		55
Total operating revenue from contracts with customers		8,036		7,584
Other revenues(1)(3)		72		35
Total operating revenue	$	8,108	$	7,619
Dominion Energy Gas
Regulated gas sales—wholesale	$	9	$	25
Nonregulated gas sales(1)		6		7
Regulated gas transportation and storage		1,300		1,249
Nonregulated gas transportation and storage		676		442
Management service revenue(1)		162		257
Other regulated revenues(1)(2)		7		19
Other nonregulated revenues(1)(2)		5		3
Total operating revenue from contracts with customers		2,165		2,002
Other revenues		4		(6	)
Total operating revenue	$	2,169	$	1,996

(1) See Notes 9 and 25 for amounts attributable to related parties and affiliates.

(2) Amounts above include sales which are considered to be goods transferred at a point in time. For the years ended December 31, 2019 and 2018, such amounts included $171 million and $241 million, respectively, at Dominion Energy and $5 million and $10 million, respectively, at Dominion Energy Gas, primarily consisting of NGL sales. Additionally, amounts above include sales of renewable energy credits. For the years ended December 31, 2019 and 2018, such sales were $24 million and $ 17 million, respectively, at Dominion Energy and $17 million and $11 million, respectively, at Virginia Power.

(3) Includes alternative revenue of $66 million and $52 million for the year ended December 31, 2019 at Dominion Energy and Virginia Power, respectively, and $15 million for year ended December 31, 2018 at both Dominion Energy and Virginia Power.

Schedule of Aggregate Amount of Transaction Price Allocated To Fixed-price Performance Obligations That Unsatisfied At End of Reporting Period And Expected To be Recognized

The table below discloses the aggregate amount of the transaction price allocated to fixed-price performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period and when the Companies expect to recognize this revenue. These revenues relate to contracts containing fixed prices where the Companies will earn the associated revenue over time as they stand ready to perform services provided. This disclosure does not include revenue related to performance obligations that are part of a contract with original durations of one year or less. In addition, this disclosure does not include expected consideration related to performance obligations for which the Companies elect to recognize revenue in the amount they have a right to invoice.

Revenue expected to be recognized on multi-year contracts in place at December 31, 2019	2020		2021		2022		2023		2024		Thereafter		Total
(millions)
Dominion Energy	$	1,569	$	1,470	$	1,363	$	1,216	$	1,104	$	12,519	$	19,241
Virginia Power		3		1		—		—		—		—		4
Dominion Energy Gas		1,723		1,624		1,495		1,325		1,185		12,783		20,135

Subsequent To Adoption of Revised Guidance

Operating Revenue For Revised Guidance of Revenue Recognition From Contracts with Customers

The Companies’ operating revenue, prior to the adoption of revised guidance for revenue recognition from contracts with customers, consisted of the following:

Year Ended December 31	2017
(millions)
Dominion Energy
Electric sales:
Regulated	$	7,383
Nonregulated		1,429
Gas sales:
Regulated		1,067
Nonregulated		457
Gas transportation and storage		1,786
Other		464
Total operating revenue	$	12,586
Virginia Power
Regulated electric sales	$	7,383
Other		173
Total operating revenue	$	7,556
Dominion Energy Gas
Gas sales:
Regulated	$	6
Nonregulated		6
Gas transportation and storage		1,291
Other		220
Total operating revenue	$	1,523