Dominion Energy Investment themes Delivering exceptional value to our customers, communities, employees, and shareholders 95% 26B 15th Regulated + 20192023 Consecutive quarter like operating growth capital at or above guidance…
Operating earnings per share Actual versus guidance ( per share) Third quarter 2019 1.18 1.20 1.13 1.00 Favorable weather impact on utility earnings: +0.05 Actual Weather-normalized Guidance See pages 22, 28 and 30 of…
Select updates Summary Effective date: October 1, 2019 Millstone Terms: 9 million MWh (55% of annual output) for 10 years; fixed price of 49.99 contract Positive outcome for Connecticut and region North Carolina (electric) partial…
Select updates Transitioning to updated reporting segments later this year Dominion Energy Dominion Energy Dominion Energy Dominion Energy Dominion Energy Gas Transmission Contracted Virginia Gas Distribution South Carolina &…
Select updates Summary 2.1B equity recapitalization 25% passive investment by an affiliate of Brookfield Cove Point Rationale: Redeployment of capital from low-growth to robust regulated growth equity Export project…
Operating earnings per share Prior year actual versus guidance ( per share) Fourth quarter Full-year 2019 1.25 1.25 4.30 1.10 4.15 1.10 3.05 0.89 Millstone refueling 0.88 Regulated investment 4Q18 Southeast Energy Grp. 2019…
Business updates One of countrys most sustainable + innovative energy brands 2018 Sustainability and Electric school buses Renewable Natural Gas Corporate initiative (RNG) Responsibility Report Renewable Natural Most…
Business updates Virginia Summary Key approvals received for 12MW pilot project; in-service late 2020 Announced largest U.S. offshore wind development totaling 2.6GW; Offshore embraces Governor Northams executive order 43 challenge…
Business updates Virginia GTSA-related investment summary Virginia Strategic Grid Environmental Utility solar off-shore wind undergrounding transformation upgrades Approved: 0.4B Approved: 0.1B Approved: 0.5B Status Approved: 0.3B…
Business updates Gas distribution operations South Carolina Strong customer growth Successful integration efforts with focus on operational excellence Executing on 2 billion, 5-year rider investment programs incl. pipeline…
Business updates Atlantic Coast Pipeline Appalachian Trail crossing Biological Opinion Milestone Est. timing Milestone Est. timing SCOTUS grants cert Court order (Oct 4) (July 26) No later than Winter of Final SCOTUS decision…
Business updates Leadership as of December 1, 2019 Thomas F. Farrell, II Chairman, President and Chief Executive Officer Robert M. Blue James R. Chapman Diane Leopold Carter M. Reid Co-COO; Executive Vice Co-COO; Chief of…
Summary On-track to achieve full-year safety results that are consistent with the record-setting performance of recent years Taking industry-leading steps to demonstrate leadership on ESG matters Achieved weather-normalized…
Appendix Please refer to page 2 for risks and uncertainties related to projections and forward looking statements. 16
Appendix Track-record of successful execution Weather normalized EPS vs. guidance Upper end guidance Guidance midpoint Lower end guidance 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 1Q16…
Appendix Operating EBIT: Actual versus guidance (M) Third quarter 2019 Operating Guidance range segment (midpoint) Actual / Select driver(s) 285M320M Power Delivery 305M (303M) 625M680M Weather Power Generation 692M…
Appendix Atlantic Coast Pipeline Reflects judicial solution to Appalachian Trail crossing Assumed Permit/authorization Agency Current status resolution (timing) U.S. Fish & Wildlife Service Vacated Reissuance Biological Opinion…
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