Operating Revenue (Tables)

6 Months Ended

Jun. 30, 2022

Regulated And Unregulated Operating Revenue [Abstract]

The Companies’ operating revenue consists of the following:

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
(millions)
Dominion Energy
Regulated electric sales:
Residential	$	1,117		$	1,017		$	2,404		$	2,172
Commercial		1,089			761			1,987			1,480
Industrial		220			175			417			353
Government and other retail		297			223			569			412
Wholesale		68			36			115			79
Nonregulated electric sales		236			229			603			483
Regulated gas sales:
Residential		231			188			1,000			818
Commercial		106			79			379			285
Other		51			23			96			57
Nonregulated gas sales		4			15			5			67
Regulated gas transportation and storage		241			219			538			490
Other regulated revenues		73			74			119			140
Other nonregulated revenues⁽¹⁾		61			45			109			88
Total operating revenue from contracts with customers		3,794			3,084			8,341			6,924
Other revenues⁽²⁾⁽³⁾		(198	)		(46	)		(466	)		(16	)
Total operating revenue	$	3,596		$	3,038		$	7,875		$	6,908
Virginia Power
Regulated electric sales:
Residential	$	816		$	748		$	1,831		$	1,637
Commercial		874			564			1,591			1,111
Industrial		110			83			213			174
Government and other retail		281			208			539			384
Wholesale		31			22			63			48
Nonregulated electric sales		31			9			45			14
Other regulated revenues		80			71			131			128
Other nonregulated revenues⁽¹⁾⁽⁴⁾		16			18			22			34
Total operating revenue from contracts with customers		2,239			1,723			4,435			3,530
Other revenues⁽²⁾⁽⁴⁾		(64	)		18			(93	)		41
Total operating revenue	$	2,175		$	1,741		$	4,342		$	3,571

(1)

Includes sales which are considered to be goods transferred at a point in time of $14 million and $8 million for the three months ended June 30, 2022 and 2021, respectively, and $25 million and $15 million for the six months ended June 30, 2022 and 2021, respectively, at Dominion Energy, primarily consisting of sales of commodities related to nonregulated extraction activities and other miscellaneous products. Additionally, sales of renewable energy credits were $7 million for both the three months ended June 30, 2022 and 2021, and $11 million and $13 million for the six months ended June 30, 2022 and 2021, respectively, at Dominion Energy and less than $1 million and $5 million for the three months ended June 30, 2022 and 2021, respectively, and less than $1 million and $9 million for the six months ended June 30, 2022 and 2021, respectively, at Virginia Power.

(2)

Includes alternative revenue of $40 million and $25 million at Dominion Energy and $19 million and $18 million at Virginia Power for the three months ended June 30, 2022 and 2021, respectively, and $70 million and $47 million at Dominion Energy and $27 million and $38 million at Virginia Power for the six months ended June 30, 2022 and 2021, respectively.

(3)	Includes revenue associated with services provided to discontinued operations of $1 million and $2 million for the three and six months ended June 30, 2021, respectively.

(4)	See Note 19 for amounts attributable to affiliates.

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 Dominion Energy expects to recognize this revenue. These revenues relate to contracts containing fixed prices where Dominion Energy will earn the associated revenue over time as it stands 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 Dominion Energy elects to recognize revenue in the amount it has a right to invoice.

Revenue expected to be recognized on multi-year

contracts in place at June 30, 2022

2022

2023

2024

2025

2026

Thereafter

Total

(millions)

Dominion Energy

451

725