Investor Relations Contact Information Thomas E. Hamlin, CFA Steven Ridge VP Financial Planning & Investor Relations Director, Investor Relations (804) 819-2154 (804) 819-2492 / (801) 324-5430 thomas.e.hamlindominionenergy.com…
Dominion Energy Strategic Advantages Drive Value for Shareholders Significant Scale in Gas & Electric Industry 90% Leading Regulated Dividend Operations Growth* 6-8% EPS Robust CAGR Business 2017-2020 Growth Programs…
Sustainability & Environmental Leadership Reducing our environmental footprint by investing in air quality improvements Reducing Air Emissions Cumulative methane emissions reductions 0% 0.0 Million Cubic Feet of Gas Saved SO…
Dominion Energy Contents Dominion Energy is Delivering Sustainable Annual Growth and Best-in-Class Shareholder Returns Major Project Updates Sustainable Growth: Highlights Across Each Business Fixed Income Capital Growth…
Dominion Energy Shareholder Return Last Ten Years: Total Return* Dominion Energys Track Record of Strong Shareholder Returns D +170% DJIA +121% S&P 500 +109% UTY +96% As of 10/30/2017. * Note: Reflects share price…
Major Project Updates Greensville Power Station Cove Point Liquefaction Atlantic Coast Pipeline and Supply Header 2017 Investor Meetings 8
Greensville County Power Station On-time & On-budget The Greensville 3x1 CC will be the largest, most efficient single combined-cycle plant in the U.S. Charlottesville Richmond 1,588 MW Gas Fired Combined Cycle plant in…
Cove Point Liquefaction Construction is On-time & On-budget All of the projects systems are in commissioning phase DOE approved exporting of commissioning cargoes FERC approved introduction of hydrocarbons to generate LNG…
Atlantic Coast Pipeline and Supply Header ACP OWNERSHIP STRUCTURE: Received FERC Certificate on Dominion Energy* 48% Supply Header receipt points Duke Energy 47% October 13th Southern Company 5% SUPPLY HEADER OWNERSHIP:…
Sustainable Growth: Highlights Across Each Business Power Generation Power Delivery Gas Infrastructure 2017 Investor Meetings 12
Power Generation 2017 Investor Meetings 13
Nuclear Relicensing Eligible for Rate Rider Recovery* Nuclear life extension from 60 years to 80 years License extension requires NRC approval Up to 4 NRC has issued final guidance on application requirements billion of Expect to…
VA Pumped Storage Eligible for Rate Rider Recovery* Virginia legislation supports renewable integration through pumped storage Largest, most efficient utility-scale battery Progress made toward site selection in Southwestern…
Coastal Virginia Offshore Wind 12 MW Demonstration Project Two 6-MW wind turbines Located 27 miles off Virginia Beach Estimated cost of 300 million Rider eligible* Major Milestones Signed agreement and strategic partnership…
Future Generation IRP Identified Sustainable, Non-Carbon & Low Carbon Generation* 3,280 MW (240 MW/ year) of solar generation potential in support of VA and NC customers 2019 2032 CC CT CT CT 2,970 MW of complementary,…
Power Delivery 2017 Investor Meetings 18
Sustainable Electric Transmission Growth Eligible for Rate Rider Recovery* Optimizing Operational Reliability and Integrating Renewables 500 kV Rebuild 400 mile loop is the backbone of reliability for DomZone (40% complete) 500…
Strategic Undergrounding Program Eligible for Rate Rider Recovery* Represents 2 billion of rate base additions over duration of 12-year program A capex plan designed to ramp to 175 million per year Legislation provided clear…
Grid Modernization Program Actively Developing Plan for Transformational Grid Modernization Effort Grid Modernization Initiatives: Smart meters Intelligent grid devices Automated control systems Communications network Grid…
VA Sales Growth Trends Achieved Industry Leading Sales Growth 2017 YTD Virginia boasts an excellent business environment Virginias 3.7% unemployment Strong data center demand rate continues to be well below the national average of…
Gas Infrastructure 2017 Investor Meetings 23
Gas Distribution Infrastructure Programs Regulatory frameworks allow for immediate return on investments Pipeline Infrastructure Replacement Programs Accelerate the replacement of aging infrastructure with pre-approved recovery of…
Demand Driven Pipeline Expansions Economics & carbon reduction driving gas demand Progress on additional pipeline Dominion Energy Virginia Virginia Natural 1.5 GW** growth projects Gas 775 million investment to move Duke Energy…
Western Gas Distribution Projects New Investments in Reliability and Capacity Customer growth over 2.0% per year Northern Utah On-System LNG Facility* Ensures system reliability during critical peak- need periods for growing…
Gas Infrastructure Regulatory Initiatives Dominion Energy Transmission Modernization Program* Revenue Preparing to file a DETI rate case mid-2018 Base system rates have not been reset since 1994 Incremental Contracts Recovery of…
Dominion Energy Future Capital Growth Reliability, Demand Driven Programs Provide Sustainable Growth Scale in Gas and Sustainable Annual Growth Electric Infrastructure Programs Capital* Power - Nuclear Life Extension Gen. - Pumped…
Dominion Energy Midstream Partners Benefits to Dominion Energy Uses of 7 - 8 billion in DM Cash Contributions 2016-2020* Strengthen DEI Balance Sheet Through Debt Reduction Dominion Energy Grow the Dividend Unique MLP 10% Per…
Dominion Energy EPS Growth Sustainable Earnings Drivers Beyond 2020 6-8% EPS CAGR 2017 2020 Net Plant Growth 6-7% Per Year VA Power Sales Growth Post 2020 Regulatory Strategy Annual EPS Control Expense Growth Growth of At Least…
Dominion Energy Dividend Growth Best-in-Class Dividend Growth 10% Annual Dividend Growth Over Next Three Years Beginning in Q4 2017** 10% 8% 5% Annual Dividend Annual Growth Rate Dividend (2017 - 2020) UTY Peer Growth…
Dominion Energy Value Proposition Delivering Strong Shareholder Returns Sustainable core business growth and Core Business Growth (EPS CAGR 6-8% 2017 2020) consistent execution on-time and on- (Post 2020 annual EPS growth at least…
Dominion Energy Fixed Income 2017 Investor Meetings 34
Financing Structure with Operating Segments DEI* Dominion Energy Dominion Energy VEPCO* Midstream Gas Holdings* Utility Dominion Merchant Atlantic Coast Dominion Generation Energy Generation Pipeline**(48.0%) Energy Carolina…
Long-term Financing Activities 2017 Financing Plan ( millions) Financing Entity Financing plan Status DEI DRIP Equity 300 In progress DEI Debt* 2,0002,300 Complete 2014 MC Jr Debt DEI 1,000 Complete Remarketing** VEPCO…
Dominion Energy TopCo DEI Not Only a Traditional Utility HoldCo DEI Level Assets/Operations Dominion Energy Merchant Cove Point Midstream GP/LP Distributions Generation Atlantic Coast Regulated Gas Contracted Solar Pipeline…
DEI TopCo Level Debt Maturity Profile of Existing Parent Level Debt 3,500 Parent level maturities have in part been structured to 3,150 accommodate anticipated proceeds from asset drops into DM 3,000 2,500 2,150 2,050…
Dominion Energy Liquidity Backstop Liquidity Shared Across Financing Entities 5.5 billion Credit Facilities1 3.0B sublimit DEI 1.5B (CP Issuer) sublimit 0.75B Intercompany sublimit note 0.25B VEPCO sublimit (CP Issuer)…
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