dominion energy passes milestone in plan to add new ...€¦ · dominion energy virginia’s...

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INVESTOR CONNECTION Chesterfield Facility Celebrates 75th Birthday In late July, Chesterfield Power Station, a fossil fuel-fired power facility in Chester, Va., celebrated its 75th year of producing safe, reliable power. It entered service near the end of World War II, and was authorized to help the stateside war effort by producing electricity nearly 100 miles inland from major coastal military bases. The facility long has been a technological and environmental pioneer, but Chesterfield’s employees have been the stars — whether volunteering their time for Meals on Wheels or Habitat for Humanity, or serving children at their local elementary school. Since 2000, carbon emissions reductions at the plant have accounted for about one-fourth of the state’s carbon emissions decline. Sign up for Dominion Energy financial updates DominionEnergy.com/MyD Dominion Energy Passes Milestone in Plan To Add New Renewables to Virginia Grid fall 2019 A newsletter for investors of Dominion Energy About 675 megawatts of solar and wind already has been announced in Virginia. Electricity produced at the facilities will power homes and businesses throughout Dominion Energy Virginia’s service area. With the acquisition of two solar facilities under development in Suffolk, Va., and near Emporia, Va., Dominion Energy is now one-fifth of the way to meeting its goal of having 3,000 megawatts of solar and wind energy in operation or under development by the end of 2022. That’s enough electric generating capacity to serve at least 750,000 customers in Virginia when the sun is shining and the wind is blowing. Your company announced this goal after the passage of the Grid Transformation and Security Act by the General Assembly of Virginia. The legislation noted that adding 5,000 megawatts of such renewable energy in the Commonwealth was in the public interest. Since that time, Dominion Energy has begun developing, signed offtake contracts for, or filed with the State Corporation Commission of Virginia for permission to build other solar facilities in the Virginia counties of Gloucester, Greensville, Halifax, Mecklenburg, Surry and Westmoreland. Earlier this summer, the company began constructing two 6-megawatt wind turbines off the coast of Virginia Beach. By The Numbers

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Page 1: Dominion Energy Passes Milestone in Plan To Add New ...€¦ · Dominion Energy Virginia’s service area. With the acquisition of two solar facilities under development in Suffolk,

INVESTOR CONNECTION

Chesterfield FacilityCelebrates 75th BirthdayIn late July, Chesterfield Power Station, a fossil fuel-fired power facility in Chester, Va., celebrated its 75th year of producing safe, reliable power. It entered service near the end of World War II, and was authorized to help the stateside war effort by producing electricity nearly 100 miles inland from major coastal military bases.

The facility long has been a technological and environmental pioneer, but Chesterfield’s employees have been the stars — whether volunteering their time for Meals on Wheels or Habitat for Humanity, or serving children at their local elementary school.

Since 2000, carbon emissions reductions at the plant have accounted for about one-fourth of the state’s carbon emissions decline.

Sign up for Dominion Energyfinancial updates

DominionEnergy.com/MyD

Dominion Energy Passes Milestone in Plan To Add New Renewables to Virginia Grid

fall 2019 A newsletter for investors of Dominion Energy

About 675 megawatts of solar and wind already has been announced

in Virginia. Electricity produced at the facilities

will power homes and businesses throughout

Dominion Energy Virginia’s service area.

With the acquisition of two solar facilities under development in Suffolk, Va., and near Emporia, Va.,Dominion Energy is now one-fifth of the way to meeting its goal of having 3,000 megawatts of solar and wind energy in operation or under development by the end of 2022.

That’s enough electric generating capacity to serve at least 750,000 customers in Virginia when the sun is shining and the wind is blowing.

Your company announced this goal after the passage of the Grid Transformation and Security Act by the General Assembly of Virginia. The legislation noted that adding 5,000 megawatts of such renewable energy in the Commonwealth was in the public interest.

Since that time, Dominion Energy has begun developing, signed offtake contracts for, or filed with the State

Corporation Commission of Virginia for permission to build other solar facilities in the Virginia counties of Gloucester, Greensville, Halifax, Mecklenburg, Surry and Westmoreland. Earlier this

summer, the company began constructing two 6-megawatt wind turbines off the coast of Virginia Beach.

By

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Page 2: Dominion Energy Passes Milestone in Plan To Add New ...€¦ · Dominion Energy Virginia’s service area. With the acquisition of two solar facilities under development in Suffolk,

Keep in Touch – Don’t Lose Your Stock! Unclaimed property—sometimes called abandoned property—refers to accounts in financial institutions and companies that have had no activity generated or contact for a period of a year or longer.

Acting in the best interests of consumers, each state has enacted an unclaimed property

statute that protects your funds from reverting to the company should contact be lost. These laws instruct companies to turn forgotten funds over to a state official who makes a diligent effort to find you or your heirs. Most states hold lost funds until you are

found, returning them to you at no cost or for a nominal handling fee upon filing a claim form and verification of your identity.

Because it is impossible to store and maintain all of the contents that are turned over from safe-deposit boxes, most states hold periodic auctions and hold the funds obtained from the sale of the items for the owner. Some states also sell stocks and bonds and return the proceeds to the owner in the same manner.

DON’T LOSE YOUR DOMINION ENERGY STOCK. KEEP IN TOUCH!

Mail: Dominion Energy Shareholder Services

c/o Broadridge Corporate Issuer Solutions, Inc. P.O. Box 1342 Brentwood, NY 11717

Phone: 1-800-552-4034 (toll-free)

Fax: 1-215-553-5402

Email: [email protected]

Your Company Is Committed ...

To Helping Rural Communities

Thanks to legislation passed by the General Assembly of Virginia, your company has begun a pilot program to improve access to broadband in parts of the Commonwealth of Virginia currently unserved by this critical resource. Broadband access promotes economic development, public health, public safety and education in the communities where it is available.

The company has initiated a Request for Information to identify where the needs are and how it can help. This would be as a “middle mile” provider, filling a void that often exists between the largest data connections and homes and businesses. Dominion Energy’s telecommunications network might be able to bridge the gap by making its broadband capacity available to Internet service providers in unserved communities.

To Supporting History, Culture

This summer, Dominion Energy announced that it will contribute $2.5 million to the International African American Museum (IAAM) in Charleston, S.C. The museum is dedicated to presenting unvarnished history and culture, commemorating, and celebrating the role that Africans and their descendants have played in the making of the U.S.

In addition to the $2.5 million donation, Dominion Energy has pledged $25,000 to provide 1,000 charter memberships to the museum for individuals and families served by the Charleston Promise Neighborhood, which provides educational programming to underserved students.

“We are fortunate to have Dominion Energy as a leader here in Charleston and across South Carolina,” said Joseph P. Riley, Jr., IAAM board member and former Charleston mayor.

This newsletter contains forward-looking statements that are subject to various risks and uncertainties. Discussion of factors that could cause actual results to differ materially from management’s projections, forecasts and estimates are detailed in the company’s most recent Securities and Exchange Commission filings on Forms 10-Q and 10-K.

For more information, please write:Dominion Energy

P.O. Box 26532

Richmond, VA 23261

Or for general inquires, e-mail us at: ShareholderRelations@

DominionEnergy.com

Visit us online at: DominionEnergy.com

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Growth Plan Update

$26Billion

The amount the company expects to spend

on growth programs through 2023.