Update topics Summary COVID-19 Health, safety and well-being of employees and communities is first priority Early directives limiting travel, instituting work-from-home protocols, expanding health and PTO benefits for employees,…
Dominion Energy Virginia electric demand Dom Zone weather-normalized aggregate daily load through March 25, 2020 2020 Avg. 2017-19 Too early to tell on electric demand trends May see incremental residential load and…
Sales commentary % of 2020E Impact on 2020E operating EPS Commentary operating EPS of 1% guidance change in sales2 Rider programs with annual true-ups for over/under- Residential: 1.5 cents Dominion Energy recovery (40% of rate…
Liquidity As of March 26, 2020 Liquidity Commentary 6.0 No draws on 6B master RCF 0.9 5.5 Access to long-term debt market March 17: DEI HoldCo notes 0.8 400M 3.3% due 2025 350M 3.6% due 2027 3.8 March 20: PSNC private-placement…
Long-term fixed-income financings As of March 26, 2020 2020 long-term debt maturities Rest-of-year long-term debt plan 2.0 2.2 Issuance Required Segment range timing DEV 0.81.0B 92% of 2H 2020; maturities However, GT&S…
Pension Consolidated funded status as of year-end1 Commentary 92% Funded status Re-measured only at year-end Current estimates of pension discount rates, based on basket of long-term 85% corporate bond yields, have actually gone…
Virginia legislative session Awaiting Governor review and action Establishes robust zero-carbon electric generation targets 100% zero-carbon by 2046 via renewable energy portfolio standard (RPS) Provides direction for deployment of…
Virginia legislative session (contd) Awaiting Governor review and action Maintains triennial review framework and timing First triennial: 2017 through 2020 performance with 2021 regulatory review Second triennial: 2021 through 2023…
Highlighted emission reduction technologies Solar & Onshore Offshore wind Energy Storage Wind Required Yes Yes Yes 5.2GW by 16.1GW by 2.7GW by 2035 incl. up 2036 incl. 2036 incl. Target(s) to 3GW by 6GW by 800MW 2028 2028…
Appendix Select bill references Topic Bill number and link SB 851 Virginia Clean Economy Act HB 1526 SB 1027 Regional Greenhouse Gas Initiative (RGGI) HB 981 Period expense treatment HB 528 Please refer to page 2 for…