2014 EEI Financial Conference November 11-13, 2014
Todays Agenda 4Q Earnings Guidance Growth Plan Project Highlights Investor and Analyst Meeting Please refer to page 2 for risks and uncertainties related to projections and forward looking statements. 3
4Q14 Earnings Guidance 3.65 YTD Merchant 4Q Normal 0.80 Va Power Margins Oakford Normal weather Millstone Va Power sales 3.35 Farmout weather Outage DD&A Riders growth 2.59 4Q13 EPS* 4Q14 Guidance 0.80 - 0.90 3Q YTD…
Growth Plan Please refer to page 2 for risks and uncertainties related to projections and forward looking statements. 6
Updated Growth Plan Diverse Growth Across All Business Units Whats new: 20.2 - 20.6 billion Atlantic Coast Pipeline DTI Supply Header 3.4 - 3.8 Solar generation Electric substation security 5.1 4.9 Average annual spend of 3.4…
Investment Project Highlights Please refer to page 2 for risks and uncertainties related to projections and forward looking statements. 8
Dominion Generation Warren County 1,329 MW capacity Expect in service in 4Q Brunswick County 1,358 MW capacity Warren County 35% complete Expect in service mid-2016 2019 Combined Cycle Issued RFP Nov. 3 for up to 1,600 MW…
Dominion Generation Current Solar Projects 2013 Azalea, 4Q 2014 4Q 2014 2Q 2015 4Q 2015 Somers & 7 CA Projects 2 TN Projects 2 CA Projects 1 UT Project Indy Solar expected In- expected In- expected In- expected In- entered Service*…
Marcellus and Utica Shale Production Forecast 30 Future pipeline 25 takeaway Utica production* opportunities BCF Per Day 20 19.3 Bcf/d of incremental firm pipeline take away capacity** 15 10 Marcellus production* 5…
Atlantic Coast Pipeline JV OWNERSHIP STRUCTURE: Dominion Resources* 45% Duke Energy 40% Piedmont Natural Gas 10% AGL Resources 5% 550 miles of primarily 42 pipe 1.5 Bcf per day capacity Expandable to 2 Bcf per day Est. cost 4.5…
Supply Header Project Project will increase access to diverse Marcellus and Utica gas supplies for ACP customers and other producers Capacity 1 - 1.5 Bcf per day Binding open season underway ACP DTI Pipeline Expected…
Dominion Energy Blue Racer update 2,000 Utica Well Permitted Berne I processing facility is Status 1,500 expected to begin operations in of Wells the 4th quarter Drilled 1,000 Berne II and another facility will increase…
Dominion Energy Additional Farmout Opportunities Vast acreage rights across Marcellus / Utica Announced and completed multiple Marcellus Farmout agreements covering over 125,000 acres Agreements provide multiple earnings streams:…
Cove Point LNG Export Under Construction FERC Certificate received Sept 29 Engineering is 62% complete Procurement of critical equipment is on schedule Artists rendering of Cove Point facility In-service expected in late…
Dominion Midstream Partners Successfully completed IPO in October Offering price of 21 20,125,000 common units Dominion has retained: 100% ownership of GP and all associated IDRs 68.5% LP ownership 50% subordinated units…
Investor & Analyst Meeting Meeting scheduled for February 9th in NYC Topics for discussion Dominions long-term growth strategy Dominion Midstreams long-term growth strategy Benefits of MLP to Dominion Dominions long-term EPS…
Appendix 19
Dominion Profile Primary Operating Segments Overview Dominion Virginia Power Dominion Energy Dominion Generation Electric Transmission Gas Transmission Utility Generation 6,400 miles of transmission lines Together with Gas…
Dominion Profile Power and Natural Gas Infrastructure Leading provider of energy and energy services in the Midwest, Northeast and Mid-Atlantic regions of the U.S. 23,600 MW of electric generation 6,400 miles of electric…
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