Operating Revenue (Tables)

3 Months Ended

Mar. 31, 2020

Regulated And Unregulated Operating Revenue [Abstract]

The Companies’ operating revenue consists of the following:

	Three Months Ended March 31,
	2020		2019
(millions)
Dominion Energy
Regulated electric sales:
Residential	$	1,158	$	646
Commercial		798		496
Industrial		182		30
Government and other retail		219		200
Wholesale		33		48
Nonregulated electric sales		232		316
Regulated gas sales:
Residential		548		602
Commercial		191		191
Other		28		38
Nonregulated gas sales		83		247
Regulated gas transportation and storage:
FERC-regulated		281		277
State-regulated		232		213
Nonregulated gas transportation and storage		175		174
Other regulated revenues⁽¹⁾		75		58
Other nonregulated revenues⁽¹⁾⁽²⁾		88		95
Total operating revenue from contracts with customers		4,323		3,631
Other revenues⁽³⁾		173		227
Total operating revenue	$	4,496	$	3,858
Virginia Power
Regulated electric sales:
Residential	$	896	$	923
Commercial		614		636
Industrial		97		112
Government and other retail		203		204
Wholesale		24		37
Other regulated revenues⁽²⁾		62		33
Other nonregulated revenues⁽¹⁾⁽²⁾		13		6
Total operating revenue from contracts with customers		1,909		1,951
Other revenues⁽²⁾⁽³⁾		21		14
Total operating revenue	$	1,930	$	1,965
Dominion Energy Gas
Regulated gas sales - wholesale	$	2	$	2
Nonregulated gas sales⁽²⁾		1		2
Regulated gas transportation and storage		344		340
Nonregulated gas transportation and storage		175		174
Management service revenue⁽²⁾		31		44
Other regulated revenues⁽¹⁾⁽²⁾		1		3
Other nonregulated revenues⁽¹⁾⁽²⁾		1		—
Total operating revenue from contracts with customers		555		565
Other revenues		1		1
Total operating revenue	$	556	$	566

Amounts above include sales which are considered to be goods transferred at a point in time. For the three months ended March 31, 2020 and 2019, such amounts included $39 million and $48 million, respectively, at Dominion Energy and $1 million for both the three months ended March 31, 2020 and 2019, at Dominion Energy Gas, consisting of NGL sales. Additionally, amounts above include sales of renewable energy credits. For the three months ended March 31, 2020 and 2019, such sales were $4 million and $3 million, respectively, at Dominion Energy and $3 million and $1 million, respectively, at Virginia Power.

2)	See Notes 10 and 19 for amounts attributable to related parties and affiliates.

3)	Includes alternative revenue. For the three months ended March 31, 2020 and 2019, such amounts included $36 million and $14 million, respectively, at Dominion Energy and $17 million and $8 million, respectively, at 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 March 31, 2020	2020		2021		2022		2023		2024		Thereafter		Total
(millions)
Dominion Energy	$	1,222	$	1,562	$	1,474	$	1,312	$	1,187	$	13,089	$	19,846
Virginia Power		2		1		—		—		—		—		3
Dominion Energy Gas		1,336		1,714		1,581		1,395		1,242		13,270		20,538