Cover and table of contents
33K characters. Original on sec.gov · Markdown
Cover and table of contents
10-K 1 d662998d10k.htm 10-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
| ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the fiscal year ended December 31, 2018
OR
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
For the transition period from to
| Commission File Number | Exact name of registrants as specified in their charters | I.R.S. Employer Identification Number | ||
| 001-08489 | DOMINION ENERGY, INC. | 54-1229715 | ||
| 000-55337 | VIRGINIA ELECTRIC AND POWER COMPANY | 54-0418825 | ||
| 001-37591 | DOMINION ENERGY GAS HOLDINGS, LLC | 46-3639580 | ||
| VIRGINIA (State or other jurisdiction of incorporation or organization) | ||||
| 120 TREDEGAR STREET RICHMOND, VIRGINIA (Address of principal executive offices) | 23219 (Zip Code) | |||
| (804) 819-2000 (Registrants’ telephone number) |
Securities registered pursuant to Section 12(b) of the Act:
| Registrant | Title of Each Class | Name of Each Exchange on Which Registered | ||
| DOMINION ENERGY, INC. | Common Stock, no par value | New York Stock Exchange | ||
| 2016 Series A 6.75% Corporate Units | New York Stock Exchange | |||
| 2016 Series A 5.25% Enhanced Junior Subordinated Notes | New York Stock Exchange | |||
| DOMINION ENERGY GAS HOLDINGS, LLC | 2014 Series C 4.6% Senior Notes | New York Stock Exchange |
Securities registered pursuant to Section 12(g) of the Act:
VIRGINIA ELECTRIC AND POWER COMPANY
Common Stock, no par value
DOMINION ENERGY GAS HOLDINGS, LLC
Limited Liability Company Membership Interests
Indicate by check mark whether the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act.
Dominion Energy, Inc. Yes ☒ No ☐ Virginia Electric and Power Company Yes ☒ No ☐ Dominion Energy Gas Holdings, LLC Yes ☒ No ☐
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
Dominion Energy, Inc. Yes ☐ No ☒ Virginia Electric and Power Company Yes ☐ No ☒ Dominion Energy Gas Holdings, LLC Yes ☐ No ☒
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Dominion Energy, Inc. Yes ☒ No ☐ Virginia Electric and Power Company Yes ☒ No ☐ Dominion Energy Gas Holdings, LLC Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Dominion Energy, Inc. Yes ☒ No ☐ Virginia Electric and Power Company Yes ☒ No ☐ Dominion Energy Gas Holdings, LLC Yes ☒ No ☐
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
Dominion Energy, Inc. ☒ Virginia Electric and Power Company ☒ Dominion Energy Gas Holdings, LLC ☒
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Dominion Energy, Inc.
| Large accelerated filer ☒ | Accelerated filer ☐ | Non-accelerated filer ☐ | Smaller reporting company ☐ | |||
| Emerging growth company ☐ |
Virginia Electric and Power Company
| Large accelerated filer ☐ | Accelerated filer ☐ | Non-accelerated filer ☒ | Smaller reporting company ☐ | |||
| Emerging growth company ☐ |
Dominion Energy Gas Holdings, LLC
| Large accelerated filer ☐ | Accelerated filer ☐ | Non-accelerated filer ☒ | Smaller reporting company ☐ | |||
| Emerging growth company ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Act).
Dominion Energy, Inc. Yes ☐ No ☒ Virginia Electric and Power Company Yes ☐ No ☒ Dominion Energy Gas Holdings, LLC Yes ☐ No ☒
The aggregate market value of Dominion Energy, Inc. common stock held by non-affiliates of Dominion Energy was approximately $44.4 billion based on the closing price of Dominion Energy’s common stock as reported on the New York Stock Exchange as of the last day of Dominion Energy’s most recently completed second fiscal quarter. Dominion Energy is the sole holder of Virginia Electric and Power Company common stock. At February 15, 2019, Dominion Energy had 799,314,079 shares of common stock outstanding and Virginia Power had 274,723 shares of common stock outstanding. Dominion Energy, Inc. holds all of the membership interests of Dominion Energy Gas Holdings, LLC.
DOCUMENT INCORPORATED BY REFERENCE.
Portions of Dominion Energy’s 2019 Proxy Statement are incorporated by reference in Part III.
This combined Form 10-K represents separate filings by Dominion Energy, Inc., Virginia Electric and Power Company and Dominion Energy Gas Holdings, LLC. Information contained herein relating to an individual registrant is filed by that registrant on its own behalf. Virginia Electric and Power Company and Dominion Energy Gas Holdings, LLC make no representations as to the information relating to Dominion Energy, Inc.’s other operations.
VIRGINIA ELECTRIC AND POWER COMPANY AND DOMINION ENERGY GAS HOLDINGS, LLC MEET THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION I(1)(a) AND (b) OF FORM 10-K AND ARE FILING THIS FORM 10-K UNDER THE REDUCED DISCLOSURE FORMAT.
Dominion Energy, Inc., Virginia Electric and
Power Company and Dominion Energy Gas Holdings, LLC
| 2 |
Glossary of Terms
The following abbreviations or acronyms used in this Form 10-K are defined below:
| Abbreviation or Acronym | Definition | |
| 2013 Equity Units | Dominion Energy’s 2013 Series A Equity Units and 2013 Series B Equity Units issued in June 2013 | |
| 2014 Equity Units | Dominion Energy’s 2014 Series A Equity Units issued in July 2014 | |
| 2016 Equity Units | Dominion Energy’s 2016 Series A Equity Units issued in August 2016 | |
| 2017 Tax Reform Act | An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 (previously known as The Tax Cuts and Jobs Act) enacted on December 22, 2017 | |
| 2019 Proxy Statement | Dominion Energy 2019 Proxy Statement, File No. 001-08489 | |
| ABO | Accumulated benefit obligation | |
| AFUDC | Allowance for funds used during construction | |
| Align RNG | Align RNG, LLC, a joint venture between Dominion Energy and Smithfield Foods, Inc. | |
| AMI | Advanced Metering Infrastructure | |
| AMR | Automated meter reading program deployed by East Ohio | |
| AOCI | Accumulated other comprehensive income (loss) | |
| ARO | Asset retirement obligation | |
| Atlantic Coast Pipeline | Atlantic Coast Pipeline, LLC, a limited liability company owned by Dominion Energy, Duke and Southern Company Gas | |
| Atlantic Coast Pipeline Project | The approximately 600-mile natural gas pipeline running from West Virginia through Virginia to North Carolina which will be owned by Dominion Energy, Duke and Southern Company Gas and constructed and operated by DETI | |
| BACT | Best available control technology | |
| Bankruptcy Court | U.S. Bankruptcy Court for the Southern District of New York | |
| bcf | Billion cubic feet | |
| bcfe | Billion cubic feet equivalent | |
| Bear Garden | A 590 MW combined-cycle, natural gas-fired power station in Buckingham County, Virginia | |
| BGEPA Blue Racer | Bald and Golden Eagle Protection Act Blue Racer Midstream, LLC, a joint venture between Caiman and FR BR Holdings, LLC effective December 2018 | |
| BP | BP Wind Energy North America Inc. | |
| Brunswick County | A 1,376 MW combined-cycle, natural gas-fired power station in Brunswick County, Virginia | |
| CAA | Clean Air Act | |
| Caiman | Caiman Energy II, LLC | |
| CAISO | California ISO | |
| CAO | Chief Accounting Officer | |
| CCR | Coal combustion residual | |
| CEA | Commodity Exchange Act | |
| CEO | Chief Executive Officer | |
| CERCLA | Comprehensive Environmental Response, Compensation and Liability Act of 1980, also known as Superfund | |
| CFO | Chief Financial Officer | |
| CGN Committee | Compensation, Governance and Nominating Committee of Dominion Energy’s Board of Directors | |
| Clean Power Plan | Regulations issued by the EPA in August 2015 for states to follow in developing plans to reduce CO2 emissions from existing fossil fuel-fired electric generating units, stayed by the U.S. Supreme Court in February 2016 pending resolution of court challenges by certain states | |
| CNG | Consolidated Natural Gas Company | |
| CO2 | Carbon dioxide | |
| Colonial Trail West | An approximately 142 MW proposed utility-scale solar power station located in Surry County, Virginia | |
| Companies | Dominion Energy, Virginia Power and Dominion Energy Gas, collectively | |
| Cooling degree days | Units measuring the extent to which the average daily temperature is greater than 65 degrees Fahrenheit, calculated as the difference between 65 degrees and the average temperature for that day | |
| Corporate Unit | A stock purchase contract and 1/20 or 1/40 interest in a RSN issued by Dominion Energy | |
| Cove Point | Dominion Energy Cove Point LNG, LP | |
| Cove Point Holdings | Cove Point GP Holding Company, LLC | |
| Cove Point LNG Facility | An LNG terminalling and storage facility located on the Chesapeake Bay in Lusby, Maryland owned by Cove Point | |
| Cove Point Pipeline | A 136-mile natural gas pipeline owned by Cove Point that connects the Cove Point LNG Facility to interstate natural gas pipelines | |
| CPCN | Certificate of Public Convenience and Necessity | |
| CWA | Clean Water Act | |
| DECG | Dominion Energy Carolina Gas Transmission, LLC | |
| DES | Dominion Energy Services, Inc. | |
| DETI | Dominion Energy Transmission, Inc. | |
| DGI | Dominion Generation, Inc. |
| 3 |
| Abbreviation or Acronym | Definition | |
| DGP | Dominion Gathering and Processing, Inc. | |
| Dodd-Frank Act | The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 | |
| DOE | U.S. Department of Energy | |
| Dominion Energy | The legal entity, Dominion Energy, Inc., one or more of its consolidated subsidiaries (other than Virginia Power and Dominion Energy Gas) or operating segments, or the entirety of Dominion Energy, Inc. and its consolidated subsidiaries | |
| Dominion Energy Direct® | A dividend reinvestment and open enrollment direct stock purchase plan | |
| Dominion Energy Gas | The legal entity, Dominion Energy Gas Holdings, LLC, one or more of its consolidated subsidiaries or operating segment, or the entirety of Dominion Energy Gas Holdings, LLC and its consolidated subsidiaries | |
| Dominion Energy Midstream | The legal entity, Dominion Energy Midstream Partners, LP, one or more of its consolidated subsidiaries, Cove Point Holdings, Iroquois GP Holding Company, LLC, DECG and Dominion Energy Questar Pipeline (beginning December 1, 2016), or the entirety of Dominion Energy Midstream Partners, LP and its consolidated subsidiaries | |
| Dominion Energy Questar | The legal entity, Dominion Energy Questar Corporation, one or more of its consolidated subsidiaries, or the entirety of Dominion Energy Questar Corporation and its consolidated subsidiaries | |
| Dominion Energy Questar Combination | Dominion Energy’s acquisition of Dominion Energy Questar completed on September 16, 2016 pursuant to the terms of the agreement and plan of merger entered on January 31, 2016 | |
| Dominion Energy Questar Pipeline | Dominion Energy Questar Pipeline, LLC, one or more of its consolidated subsidiaries, or the entirety of Dominion Energy Questar Pipeline, LLC and its consolidated subsidiaries | |
| Dominion Iroquois | Dominion Iroquois, Inc., which, effective May 2016, holds a 24.07% noncontrolling partnership interest in Iroquois | |
| DSM | Demand-side management | |
| Dth | Dekatherm | |
| Duke | The legal entity, Duke Energy Corporation, one or more of its consolidated subsidiaries or operating segments, or the entirety of Duke Energy Corporation and its consolidated subsidiaries | |
| Eagle Solar | Eagle Solar, LLC, a wholly-owned subsidiary of DGI | |
| East Ohio | The East Ohio Gas Company, doing business as Dominion Energy Ohio | |
| Eastern Market Access Project | Project to provide 294,000 Dths/day of transportation service to help meet demand for natural gas for Washington Gas Light Company, a local gas utility serving customers in D.C., Virginia and Maryland, and Mattawoman Energy, LLC for its new electric power generation facility to be built in Maryland | |
| Energy Choice | Program authorized by the Ohio Commission which provides energy customers with the ability to shop for energy options from a group of suppliers certified by the Ohio Commission | |
| EPA | U.S. Environmental Protection Agency | |
| EPACT | Energy Policy Act of 2005 | |
| EPS | Earnings per share | |
| ERISA | Employee Retirement Income Security Act of 1974 | |
| ERO | Electric Reliability Organization | |
| ESA Excess Tax Benefits | Endangered Species Act Benefits of tax deductions in excess of the compensation cost recognized for stock-based compensation | |
| Fairless | Fairless power station | |
| FASB | Financial Accounting Standards Board | |
| FERC | Federal Energy Regulatory Commission | |
| FILOT | Fee in lieu of taxes | |
| Fitch | Fitch Ratings Ltd. | |
| Four Brothers | Four Brothers Solar, LLC, a limited liability company owned by Dominion Energy and Four Brothers Holdings, LLC, a subsidiary of GIP effective August 2018 | |
| Fowler Ridge | Fowler I Holdings LLC, a wind-turbine facility joint venture with BP in Benton County, Indiana | |
| FTRs | Financial transmission rights | |
| GAAP | U.S. generally accepted accounting principles | |
| Gal | Gallon | |
| Gas Infrastructure | Gas Infrastructure Group operating segment | |
| GENCO | South Carolina Generating Company, Inc. | |
| GHG | Greenhouse gas | |
| GIP | The legal entity, Global Infrastructure Partners, one or more of its consolidated subsidiaries (including, effective August 2018, Four Brothers Holdings, LLC, Granite Mountain Renewables, LLC, and Iron Springs Renewables, LLC) or operating segments, or the entirety of Global Infrastructure Partners and its consolidated subsidiaries | |
| Granite Mountain | Granite Mountain Holdings, LLC, a limited liability company owned by Dominion Energy and Granite Mountain Renewables, LLC, a subsidiary of GIP effective August 2018 | |
| Green Mountain | Green Mountain Power Corporation | |
| GreenHat | GreenHat Energy, LLC |
| 4 |
| Abbreviation or Acronym | Definition | |
| Greensville County | A 1,588 MW combined-cycle, natural gas-fired power station in Greensville County, Virginia | |
| GTSA | Virginia Grid Transformation and Security Act of 2018 | |
| Hastings | A natural gas processing and fractionation facility located near Pine Grove, West Virginia | |
| Heating degree days | Units measuring the extent to which the average daily temperature is less than 65 degrees Fahrenheit, calculated as the difference between 65 degrees and the average temperature for that day | |
| Hope | Hope Gas, Inc., doing business as Dominion Energy West Virginia | |
| Idaho Commission | Idaho Public Utilities Commission | |
| IRCA | Intercompany revolving credit agreement | |
| Iron Springs | Iron Springs Holdings, LLC, a limited liability company owned by Dominion Energy and Iron Springs Renewables, LLC, a subsidiary of GIP effective August 2018 | |
| Iroquois | Iroquois Gas Transmission System, L.P. | |
| IRS | Internal Revenue Service | |
| ISO | Independent system operator | |
| ISO-NE | ISO New England | |
| July 2016 hybrids | Dominion Energy’s 2016 Series A Enhanced Junior Subordinated Notes due 2076 | |
| June 2006 hybrids | Dominion Energy’s 2006 Series A Enhanced Junior Subordinated Notes due 2066 | |
| Kewaunee | Kewaunee nuclear power station | |
| kV | Kilovolt | |
| Liability Management Exercise | Dominion Energy exercise in 2014 to redeem certain debt and preferred securities | |
| LIBOR | London Interbank Offered Rate | |
| LIFO | Last-in-first-out inventory method | |
| Liquefaction Project | A natural gas export/liquefaction facility at Cove Point | |
| LNG | Liquefied natural gas | |
| Local 50 | International Brotherhood of Electrical Workers Local 50 | |
| Local 69 | Local 69, Utility Workers Union of America, United Gas Workers | |
| LTIP | Long-term incentive program | |
| Manchester | Manchester power station | |
| Massachusetts Municipal | Massachusetts Municipal Wholesale Electric Company | |
| MATS | Utility Mercury and Air Toxics Standard Rule | |
| MBTA mcf | Migratory Bird Treaty Act of 1918 Thousand cubic feet | |
| mcfe | Thousand cubic feet equivalent | |
| MD&A | Management’s Discussion and Analysis of Financial Condition and Results of Operations | |
| MGD | Million gallons a day | |
| Millstone | Millstone nuclear power station | |
| Moody’s | Moody’s Investors Service | |
| Mtpa | Million metric tons per annum | |
| MW | Megawatt | |
| MWh | Megawatt hour | |
| Natural Gas Rate Stabilization Act | Legislation effective February 16, 2005 designed to improve and maintain natural gas service infrastructure to meet the needs of customers in South Carolina | |
| NAV | Net asset value | |
| NedPower | NedPower Mount Storm LLC, a wind-turbine facility joint venture between Dominion Energy and Shell in Grant County, West Virginia | |
| NEIL | Nuclear Electric Insurance Limited | |
| NERC | North American Electric Reliability Corporation | |
| NG | Collectively, North East Transmission Co., Inc. and National Grid IGTS Corp. | |
| NGL | Natural gas liquid | |
| NJNR | NJNR Pipeline Company | |
| NND Project | V.C. Summer units 2 and 3 new nuclear development project under which SCANA and Santee Cooper undertook to construct two Westinghouse AP1000 Advanced Passive Safety nuclear units in Jenkinsville, South Carolina | |
| North Anna | North Anna nuclear power station | |
| North Carolina Commission | North Carolina Utilities Commission | |
| Northern System | Collection of 131 miles of various diameter natural gas pipelines in Ohio | |
| NOX | Nitrogen oxide | |
| NRC | U.S. Nuclear Regulatory Commission | |
| NRG | The legal entity, NRG Energy, Inc., one or more of its consolidated subsidiaries (including, effective November 2016 through August 2018, Four Brothers Holdings, LLC, Granite Mountain Renewables, LLC and Iron Springs Renewables, LLC) or operating segments, or the entirety of NRG Energy, Inc. and its consolidated subsidiaries |
| 5 |
| Abbreviation or Acronym | Definition | |
| NSPS | New Source Performance Standards | |
| NYSE | New York Stock Exchange | |
| October 2014 hybrids | Dominion Energy’s 2014 Series A Enhanced Junior Subordinated Notes due 2054 | |
| ODEC | Old Dominion Electric Cooperative | |
| Ohio Commission | Public Utilities Commission of Ohio | |
| Order 1000 | Order issued by FERC adopting new requirements for electric transmission planning, cost allocation and development | |
| Philadelphia Utility Index | Philadelphia Stock Exchange Utility Index | |
| PHMSA | Pipeline and Hazardous Materials Safety Administration | |
| PIPP | Percentage of Income Payment Plan deployed by East Ohio | |
| PIR | Pipeline Infrastructure Replacement program deployed by East Ohio | |
| PJM | PJM Interconnection, L.L.C. | |
| Power Delivery | Power Delivery Group operating segment | |
| Power Generation | Power Generation Group operating segment | |
| ppb | Parts-per-billion | |
| PREP | Pipeline Replacement and Expansion Program, a program of replacing, upgrading and expanding natural gas utility infrastructure deployed by Hope | |
| PSD | Prevention of significant deterioration | |
| PSNC | Public Service Company of North Carolina, Incorporated | |
| Questar Gas | Questar Gas Company, doing business as Dominion Energy Utah, Dominion Energy Wyoming and Dominion Energy Idaho | |
| RCC | Replacement Capital Covenant | |
| Regulation Act | Legislation effective July 1, 2007, that amended the Virginia Electric Utility Restructuring Act and fuel factor statute, which legislation is also known as the Virginia Electric Utility Regulation Act, as amended in 2015 and 2018 | |
| RGGI | Regional Greenhouse Gas Initiative | |
| RICO | Racketeer Influenced and Corrupt Organizations Act | |
| Rider B | A rate adjustment clause associated with the recovery of costs related to the conversion of three of Virginia Power’s coal-fired power stations to biomass | |
| Rider BW | A rate adjustment clause associated with the recovery of costs related to Brunswick County | |
| Rider E | A rate adjustment clause associated with the recovery of costs related to certain capital projects at Virginia Power’s electric generating stations to comply with federal and state environmental laws and regulations | |
| Rider GV | A rate adjustment clause associated with the recovery of costs related to Greensville County | |
| Rider R | A rate adjustment clause associated with the recovery of costs related to Bear Garden | |
| Rider S | A rate adjustment clause associated with the recovery of costs related to the Virginia City Hybrid Energy Center | |
| Rider T1 | A rate adjustment clause to recover the difference between revenues produced from transmission rates included in base rates, and the new total revenue requirement developed annually for the rate years effective September 1 | |
| Rider U | A rate adjustment clause associated with the recovery of costs of new underground distribution facilities | |
| Rider US-2 | A rate adjustment clause associated with the recovery of costs related to Woodland, Scott Solar and Whitehouse | |
| Rider US-3 | A rate adjustment clause associated with the recovery of costs related to Colonial Trail West and Spring Grove 1 | |
| Rider W | A rate adjustment clause associated with the recovery of costs related to Warren County | |
| Riders C1A and C2A | Rate adjustment clauses associated with the recovery of costs related to certain DSM programs approved in DSM cases | |
| ROE | Return on equity | |
| ROIC | Return on invested capital | |
| RSN | Remarketable subordinated note | |
| RTEP | Regional transmission expansion plan | |
| RTO | Regional transmission organization | |
| SAFSTOR | A method of nuclear decommissioning, as defined by the NRC, in which a nuclear facility is placed and maintained in a condition that allows the facility to be safely stored and subsequently decontaminated to levels that permit release for unrestricted use | |
| SAIDI | System Average Interruption Duration Index, metric used to measure electric service reliability | |
| SBL Holdco | SBL Holdco, LLC, a wholly-owned subsidiary of DGI | |
| Santee Cooper | South Carolina Public Service Authority | |
| SCANA | The legal entity, SCANA Corporation, one or more of its consolidated subsidiaries or operating segments, or the entirety of SCANA Corporation and its consolidated subsidiaries |
| 6 |
| Abbreviation or Acronym | Definition | |
| SCANA Combination | Dominion Energy’s acquisition of SCANA completed on January 1, 2019 pursuant to the terms of the SCANA Merger Agreement | |
| SCANA Merger Agreement | Agreement and plan of merger entered on January 2, 2018 between Dominion Energy and SCANA | |
| SCANA Merger Approval Order | Final order issued by the South Carolina Commission on December 21, 2018 setting forth its approval of the SCANA Combination | |
| SCDHEC | South Carolina Department of Health and Environmental Control | |
| SCDOR | South Carolina Department of Revenue | |
| SCE&G | The legal entity, South Carolina Electric & Gas Company, its consolidated subsidiaries or operating segments, or the entirety of South Carolina Electric & Gas Company and its consolidated subsidiaries | |
| Scott Solar | A 17 MW utility-scale solar power station in Powhatan County, VA | |
| SEC | U.S. Securities and Exchange Commission | |
| SEMI | SCANA Energy Marketing, Inc. | |
| September 2006 hybrids | Dominion Energy’s 2006 Series B Enhanced Junior Subordinated Notes due 2066 | |
| SERC | Southeast Electric Reliability Council | |
| Shell | Shell WindEnergy, Inc. | |
| SO2 | Sulfur dioxide | |
| Southeast Energy | Southeast Energy Group operating segment | |
| South Carolina Commission | South Carolina Public Service Commission | |
| Spring Grove 1 | An approximately 98 MW proposed utility-scale solar power station located in Surry County, Virginia | |
| Standard & Poor’s | Standard & Poor’s Ratings Services, a division of the McGraw-Hill Companies, Inc. | |
| Summer | V.C. Summer nuclear power station | |
| SunEdison | The legal entity, SunEdison, Inc., one or more of its consolidated subsidiaries (including, through November 2016, Four Brothers Holdings, LLC, Granite Mountain Renewables, LLC and Iron Springs Renewables, LLC) or operating segments, or the entirety of SunEdison, Inc. and its consolidated subsidiaries | |
| Surry | Surry nuclear power station | |
| Terra Nova Renewable Partners | A partnership comprised primarily of institutional investors advised by J.P. Morgan Asset Management—Global Real Assets | |
| Three Cedars | Granite Mountain and Iron Springs, collectively | |
| TransCanada | The legal entity, TransCanada Corporation, one or more of its consolidated subsidiaries or operating segments, or the entirety of TransCanada Corporation and its consolidated subsidiaries | |
| Transco | Transcontinental Gas Pipe Line Company, LLC | |
| TSR | Total shareholder return | |
| UEX Rider | Uncollectible Expense Rider deployed by East Ohio | |
| Utah Commission | Public Service Commission of Utah | |
| VDEQ | Virginia Department of Environmental Quality | |
| VEBA | Voluntary Employees’ Beneficiary Association | |
| VIE | Variable interest entity | |
| Virginia City Hybrid Energy Center | A 610 MW baseload carbon-capture compatible, clean coal powered electric generation facility in Wise County, Virginia | |
| Virginia Commission | Virginia State Corporation Commission | |
| Virginia Power | The legal entity, Virginia Electric and Power Company, one or more of its consolidated subsidiaries or operating segments, or the entirety of Virginia Electric and Power Company and its consolidated subsidiaries | |
| VOC | Volatile organic compounds | |
| Warren County | A 1,350 MW combined-cycle, natural gas-fired power station in Warren County, Virginia | |
| WECTEC | WECTEC Global Project Services, Inc. (formerly known as Stone & Webster, Inc.), a wholly-owned subsidiary of Westinghouse | |
| West Virginia Commission | Public Service Commission of West Virginia | |
| Western System | Collection of 212 miles of various diameter natural gas pipelines and three compressor stations in Ohio | |
| Westinghouse | Westinghouse Electric Company LLC | |
| Wexpro | The legal entity, Wexpro Company, one or more of its consolidated subsidiaries, or the entirety of Wexpro Company and its consolidated subsidiaries | |
| Wexpro Agreement | An agreement effective August 1981, which sets forth the rights of Questar Gas to receive certain benefits from Wexpro’s operations, including cost-of-service gas | |
| Wexpro II Agreement | An agreement with the states of Utah and Wyoming modeled after the Wexpro Agreement that allows for the addition of properties under the cost-of-service methodology for the benefit of Questar Gas customers | |
| Whitehouse | A 20 MW utility-scale solar power station in Louisa County, VA | |
| White River Hub | White River Hub, LLC | |
| Woodland | A 19 MW utility-scale solar power station in Isle of Wight County, VA | |
| Wyoming Commission | Wyoming Public Service Commission |
| 7 |
Part I