Commitments And Contingencies (Tables)

12 Months Ended

Dec. 31, 2019

The current levels of nuclear property insurance coverage for Dominion Energy and Virginia Power’s nuclear units are as follows:


	Coverage
(billions)
Dominion Energy
Millstone	$	1.70
Kewaunee		0.05
Summer		2.75
Virginia Power (1)
Surry	$	1.70
North Anna		1.70

(1)	Surry and North Anna share a blanket property limit of $200 million.

Schedule Of Subsidiary Guarantees

At December 31, 2019, Dominion Energy had issued the following subsidiary guarantees:


	Maximum Exposure
(millions)
Commodity transactions (1)	$	2,215
Nuclear obligations (2)		182
Cove Point (3)		1,900
Solar (4)		477
Other (5)		377
Total (6)	$	5,151

(1)	Guarantees related to commodity commitments of certain subsidiaries. These guarantees were provided to counterparties in order to facilitate physical and financial transaction related commodities and services.

(2)	Guarantees primarily related to certain DGI subsidiaries’ regarding all aspects of running a nuclear facility.

(3)	Guarantees related to Cove Point, in support of terminal services, transportation and construction. Cove Point has two guarantees that have no maximum limit and, therefore, are not included in this amount.

(4)	Includes guarantees to facilitate the development of solar projects. Also includes guarantees entered into by DGI on behalf of certain subsidiaries to facilitate the acquisition and development of solar projects.

(5)	Guarantees related to other miscellaneous contractual obligations such as leases, environmental obligations, construction projects and insurance programs. Due to the uncertainty of worker’s compensation claims, the parental guarantee has no stated limit.

(6)	Excludes Dominion Energy’s guarantees for the new corporate office properties discussed further within Note 15.

Virginia Electric and Power Company

Long-term Purchase Commitment

At December 31, 2019, Dominion Energy had the following long-term commitments that are noncancelable or are cancelable only under certain conditions, and that a third party has used to secure financing for the facility that will provide the contracted goods or services:


	2020		2021		2022		2023		2024		Thereafter		Total
(millions)

Purchased electric capacity (1)		$45		$44		$44		$44		$44		$494		$715

(1)	Commitments represent estimated amounts payable for energy under power purchase contracts with qualifying facilities which expire at various dates through 2046. Energy payments are generally based on fixed dollar amounts per month and totaled $29 million for the year ended December 31, 2019.