Dominion Energy Virginia 2025 biennial review
PUR-2025-00058 · Opened Mar 31, 2025
Closed
complete
Virginia Electric and Power Company
VA · electric
| Effective date | Proceeding | ROE | Common equity | Rate base |
|---|---|---|---|---|
| Current | Current electric profile Electric · Latest supported values | — | — | $14.5B Company projection · Dec 31, 2025 |
| Nov 25, 2025 | Dominion Energy Virginia 2025 biennial review PUR-2025-00058 · Electric Compare stagesROE Utility request 10.4% → Authorized 9.8% | 9.8% Authorized · Nov 25, 2025 | 52.04% Authorized · Nov 25, 2025 | — |
| Metric | Date | Stage | Value | Scope |
|---|---|---|---|---|
| Large Load Credit Collateral | Jan 1, 2027 | mechanism authorized | Up to 60% of minimum charges over the contract term The obligation applies to new customers without sufficient credit that contract for service on or after January 1, 2027. | Dominion Energy Virginia GS-5 rate class |
| Large Load Eligibility Threshold | Jan 1, 2027 | mechanism authorized | 25 MW or more | Dominion Energy Virginia GS-5 rate class |
| Large Load Exit Fee | Jan 1, 2027 | mechanism authorized | Not identified in SCC summaries | Dominion Energy Virginia GS-5 rate class |
| Large Load Generation Resource Costs | Jan 1, 2027 | mechanism authorized | Not identified in SCC summaries | Dominion Energy Virginia GS-5 rate class |
| Large Load Infrastructure Cost Responsibility | Jan 1, 2027 | mechanism authorized | Separate cost allocation and interconnection review The SCC required separate GS-5 rates and further review of Dominion's large-load interconnection process and cost-allocation proposals. | Dominion Energy Virginia GS-5 rate class |
| Large Load Minimum Contract Term | Jan 1, 2027 | mechanism authorized | At least 14 years | Dominion Energy Virginia GS-5 rate class |
| Large Load Minimum Payment | Jan 1, 2027 | mechanism authorized | 85% T&D · 60% generation demand | Dominion Energy Virginia GS-5 rate class |
| Annual revenue change | Nov 25, 2025 | authorized | $565.7M/year | Prior authorized observation |
| Annual revenue change | Mar 31, 2025 | utility request | $822M/year | Prior authorized observation |
| Common equity ratio | Nov 25, 2025 | authorized | 52.04% | Prior authorized observation |
| Return on equity | Nov 25, 2025 | authorized | 9.8% | Prior authorized observation |
| Return on equity | Mar 31, 2025 | utility request | 10.4% | Prior authorized observation |
| Rate base | Dec 31, 2025 | company projected | $14.5B | Virginia base-rate jurisdiction only; excludes separately disclosed transmission and rider rate base. |