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 NumberExact name of registrants as specified in their chartersI.R.S. Employer Identification Number
001-08489DOMINION ENERGY, INC.54-1229715
000-55337VIRGINIA ELECTRIC AND POWER COMPANY54-0418825
001-37591DOMINION ENERGY GAS HOLDINGS, LLC46-3639580
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:

RegistrantTitle of Each ClassName of Each Exchange on Which Registered
DOMINION ENERGY, INC.Common Stock, no par valueNew York Stock Exchange
2016 Series A 6.75% Corporate UnitsNew York Stock Exchange
2016 Series A 5.25% Enhanced Junior Subordinated NotesNew York Stock Exchange
DOMINION ENERGY GAS HOLDINGS, LLC2014 Series C 4.6% Senior NotesNew 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

Item NumberPage Number
Glossary of Terms3
Part I
1.Business8
1A.Risk Factors29
1B.Unresolved Staff Comments37
2.Properties38
3.Legal Proceedings43
4.Mine Safety Disclosures43
Executive Officers of Dominion Energy44
Part II
5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities45
6.Selected Financial Data46
7.Management’s Discussion and Analysis of Financial Condition and Results of Operations47
7A.Quantitative and Qualitative Disclosures About Market Risk66
8.Financial Statements and Supplementary Data69
9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure192
9A.Controls and Procedures192
9B.Other Information195
Part III
10.Directors, Executive Officers and Corporate Governance196
11.Executive Compensation196
12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters196
13.Certain Relationships and Related Transactions, and Director Independence196
14.Principal Accountant Fees and Services197
Part IV
15.Exhibits and Financial Statement Schedules198
16.Form 10-K Summary205
2

Glossary of Terms

The following abbreviations or acronyms used in this Form 10-K are defined below:

Abbreviation or AcronymDefinition
2013 Equity UnitsDominion Energy’s 2013 Series A Equity Units and 2013 Series B Equity Units issued in June 2013
2014 Equity UnitsDominion Energy’s 2014 Series A Equity Units issued in July 2014
2016 Equity UnitsDominion Energy’s 2016 Series A Equity Units issued in August 2016
2017 Tax Reform ActAn 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 StatementDominion Energy 2019 Proxy Statement, File No. 001-08489
ABOAccumulated benefit obligation
AFUDCAllowance for funds used during construction
Align RNGAlign RNG, LLC, a joint venture between Dominion Energy and Smithfield Foods, Inc.
AMIAdvanced Metering Infrastructure
AMRAutomated meter reading program deployed by East Ohio
AOCIAccumulated other comprehensive income (loss)
AROAsset retirement obligation
Atlantic Coast PipelineAtlantic Coast Pipeline, LLC, a limited liability company owned by Dominion Energy, Duke and Southern Company Gas
Atlantic Coast Pipeline ProjectThe 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
BACTBest available control technology
Bankruptcy CourtU.S. Bankruptcy Court for the Southern District of New York
bcfBillion cubic feet
bcfeBillion cubic feet equivalent
Bear GardenA 590 MW combined-cycle, natural gas-fired power station in Buckingham County, Virginia
BGEPA Blue RacerBald and Golden Eagle Protection Act Blue Racer Midstream, LLC, a joint venture between Caiman and FR BR Holdings, LLC effective December 2018
BPBP Wind Energy North America Inc.
Brunswick CountyA 1,376 MW combined-cycle, natural gas-fired power station in Brunswick County, Virginia
CAAClean Air Act
CaimanCaiman Energy II, LLC
CAISOCalifornia ISO
CAOChief Accounting Officer
CCRCoal combustion residual
CEACommodity Exchange Act
CEOChief Executive Officer
CERCLAComprehensive Environmental Response, Compensation and Liability Act of 1980, also known as Superfund
CFOChief Financial Officer
CGN CommitteeCompensation, Governance and Nominating Committee of Dominion Energy’s Board of Directors
Clean Power PlanRegulations 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
CNGConsolidated Natural Gas Company
CO2Carbon dioxide
Colonial Trail WestAn approximately 142 MW proposed utility-scale solar power station located in Surry County, Virginia
CompaniesDominion Energy, Virginia Power and Dominion Energy Gas, collectively
Cooling degree daysUnits 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 UnitA stock purchase contract and 1/20 or 1/40 interest in a RSN issued by Dominion Energy
Cove PointDominion Energy Cove Point LNG, LP
Cove Point HoldingsCove Point GP Holding Company, LLC
Cove Point LNG FacilityAn LNG terminalling and storage facility located on the Chesapeake Bay in Lusby, Maryland owned by Cove Point
Cove Point PipelineA 136-mile natural gas pipeline owned by Cove Point that connects the Cove Point LNG Facility to interstate natural gas pipelines
CPCNCertificate of Public Convenience and Necessity
CWAClean Water Act
DECGDominion Energy Carolina Gas Transmission, LLC
DESDominion Energy Services, Inc.
DETIDominion Energy Transmission, Inc.
DGIDominion Generation, Inc.
3
Abbreviation or AcronymDefinition
DGPDominion Gathering and Processing, Inc.
Dodd-Frank ActThe Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
DOEU.S. Department of Energy
Dominion EnergyThe 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 GasThe 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 MidstreamThe 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 QuestarThe 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 CombinationDominion 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 PipelineDominion 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 IroquoisDominion Iroquois, Inc., which, effective May 2016, holds a 24.07% noncontrolling partnership interest in Iroquois
DSMDemand-side management
DthDekatherm
DukeThe 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 SolarEagle Solar, LLC, a wholly-owned subsidiary of DGI
East OhioThe East Ohio Gas Company, doing business as Dominion Energy Ohio
Eastern Market Access ProjectProject 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 ChoiceProgram 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
EPAU.S. Environmental Protection Agency
EPACTEnergy Policy Act of 2005
EPSEarnings per share
ERISAEmployee Retirement Income Security Act of 1974
EROElectric Reliability Organization
ESA Excess Tax BenefitsEndangered Species Act Benefits of tax deductions in excess of the compensation cost recognized for stock-based compensation
FairlessFairless power station
FASBFinancial Accounting Standards Board
FERCFederal Energy Regulatory Commission
FILOTFee in lieu of taxes
FitchFitch Ratings Ltd.
Four BrothersFour Brothers Solar, LLC, a limited liability company owned by Dominion Energy and Four Brothers Holdings, LLC, a subsidiary of GIP effective August 2018
Fowler RidgeFowler I Holdings LLC, a wind-turbine facility joint venture with BP in Benton County, Indiana
FTRsFinancial transmission rights
GAAPU.S. generally accepted accounting principles
GalGallon
Gas InfrastructureGas Infrastructure Group operating segment
GENCOSouth Carolina Generating Company, Inc.
GHGGreenhouse gas
GIPThe 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 MountainGranite Mountain Holdings, LLC, a limited liability company owned by Dominion Energy and Granite Mountain Renewables, LLC, a subsidiary of GIP effective August 2018
Green MountainGreen Mountain Power Corporation
GreenHatGreenHat Energy, LLC
4
Abbreviation or AcronymDefinition
Greensville CountyA 1,588 MW combined-cycle, natural gas-fired power station in Greensville County, Virginia
GTSAVirginia Grid Transformation and Security Act of 2018
HastingsA natural gas processing and fractionation facility located near Pine Grove, West Virginia
Heating degree daysUnits 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
HopeHope Gas, Inc., doing business as Dominion Energy West Virginia
Idaho CommissionIdaho Public Utilities Commission
IRCAIntercompany revolving credit agreement
Iron SpringsIron Springs Holdings, LLC, a limited liability company owned by Dominion Energy and Iron Springs Renewables, LLC, a subsidiary of GIP effective August 2018
IroquoisIroquois Gas Transmission System, L.P.
IRSInternal Revenue Service
ISOIndependent system operator
ISO-NEISO New England
July 2016 hybridsDominion Energy’s 2016 Series A Enhanced Junior Subordinated Notes due 2076
June 2006 hybridsDominion Energy’s 2006 Series A Enhanced Junior Subordinated Notes due 2066
KewauneeKewaunee nuclear power station
kVKilovolt
Liability Management ExerciseDominion Energy exercise in 2014 to redeem certain debt and preferred securities
LIBORLondon Interbank Offered Rate
LIFOLast-in-first-out inventory method
Liquefaction ProjectA natural gas export/liquefaction facility at Cove Point
LNGLiquefied natural gas
Local 50International Brotherhood of Electrical Workers Local 50
Local 69Local 69, Utility Workers Union of America, United Gas Workers
LTIPLong-term incentive program
ManchesterManchester power station
Massachusetts MunicipalMassachusetts Municipal Wholesale Electric Company
MATSUtility Mercury and Air Toxics Standard Rule
MBTA mcfMigratory Bird Treaty Act of 1918 Thousand cubic feet
mcfeThousand cubic feet equivalent
MD&AManagement’s Discussion and Analysis of Financial Condition and Results of Operations
MGDMillion gallons a day
MillstoneMillstone nuclear power station
Moody’sMoody’s Investors Service
MtpaMillion metric tons per annum
MWMegawatt
MWhMegawatt hour
Natural Gas Rate Stabilization ActLegislation effective February 16, 2005 designed to improve and maintain natural gas service infrastructure to meet the needs of customers in South Carolina
NAVNet asset value
NedPowerNedPower Mount Storm LLC, a wind-turbine facility joint venture between Dominion Energy and Shell in Grant County, West Virginia
NEILNuclear Electric Insurance Limited
NERCNorth American Electric Reliability Corporation
NGCollectively, North East Transmission Co., Inc. and National Grid IGTS Corp.
NGLNatural gas liquid
NJNRNJNR Pipeline Company
NND ProjectV.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 AnnaNorth Anna nuclear power station
North Carolina CommissionNorth Carolina Utilities Commission
Northern SystemCollection of 131 miles of various diameter natural gas pipelines in Ohio
NOXNitrogen oxide
NRCU.S. Nuclear Regulatory Commission
NRGThe 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 AcronymDefinition
NSPSNew Source Performance Standards
NYSENew York Stock Exchange
October 2014 hybridsDominion Energy’s 2014 Series A Enhanced Junior Subordinated Notes due 2054
ODECOld Dominion Electric Cooperative
Ohio CommissionPublic Utilities Commission of Ohio
Order 1000Order issued by FERC adopting new requirements for electric transmission planning, cost allocation and development
Philadelphia Utility IndexPhiladelphia Stock Exchange Utility Index
PHMSAPipeline and Hazardous Materials Safety Administration
PIPPPercentage of Income Payment Plan deployed by East Ohio
PIRPipeline Infrastructure Replacement program deployed by East Ohio
PJMPJM Interconnection, L.L.C.
Power DeliveryPower Delivery Group operating segment
Power GenerationPower Generation Group operating segment
ppbParts-per-billion
PREPPipeline Replacement and Expansion Program, a program of replacing, upgrading and expanding natural gas utility infrastructure deployed by Hope
PSDPrevention of significant deterioration
PSNCPublic Service Company of North Carolina, Incorporated
Questar GasQuestar Gas Company, doing business as Dominion Energy Utah, Dominion Energy Wyoming and Dominion Energy Idaho
RCCReplacement Capital Covenant
Regulation ActLegislation 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
RGGIRegional Greenhouse Gas Initiative
RICORacketeer Influenced and Corrupt Organizations Act
Rider BA 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 BWA rate adjustment clause associated with the recovery of costs related to Brunswick County
Rider EA 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 GVA rate adjustment clause associated with the recovery of costs related to Greensville County
Rider RA rate adjustment clause associated with the recovery of costs related to Bear Garden
Rider SA rate adjustment clause associated with the recovery of costs related to the Virginia City Hybrid Energy Center
Rider T1A 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 UA rate adjustment clause associated with the recovery of costs of new underground distribution facilities
Rider US-2A rate adjustment clause associated with the recovery of costs related to Woodland, Scott Solar and Whitehouse
Rider US-3A rate adjustment clause associated with the recovery of costs related to Colonial Trail West and Spring Grove 1
Rider WA rate adjustment clause associated with the recovery of costs related to Warren County
Riders C1A and C2ARate adjustment clauses associated with the recovery of costs related to certain DSM programs approved in DSM cases
ROEReturn on equity
ROICReturn on invested capital
RSNRemarketable subordinated note
RTEPRegional transmission expansion plan
RTORegional transmission organization
SAFSTORA 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
SAIDISystem Average Interruption Duration Index, metric used to measure electric service reliability
SBL HoldcoSBL Holdco, LLC, a wholly-owned subsidiary of DGI
Santee CooperSouth Carolina Public Service Authority
SCANAThe 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 AcronymDefinition
SCANA CombinationDominion Energy’s acquisition of SCANA completed on January 1, 2019 pursuant to the terms of the SCANA Merger Agreement
SCANA Merger AgreementAgreement and plan of merger entered on January 2, 2018 between Dominion Energy and SCANA
SCANA Merger Approval OrderFinal order issued by the South Carolina Commission on December 21, 2018 setting forth its approval of the SCANA Combination
SCDHECSouth Carolina Department of Health and Environmental Control
SCDORSouth Carolina Department of Revenue
SCE&GThe 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 SolarA 17 MW utility-scale solar power station in Powhatan County, VA
SECU.S. Securities and Exchange Commission
SEMISCANA Energy Marketing, Inc.
September 2006 hybridsDominion Energy’s 2006 Series B Enhanced Junior Subordinated Notes due 2066
SERCSoutheast Electric Reliability Council
ShellShell WindEnergy, Inc.
SO2Sulfur dioxide
Southeast EnergySoutheast Energy Group operating segment
South Carolina CommissionSouth Carolina Public Service Commission
Spring Grove 1An approximately 98 MW proposed utility-scale solar power station located in Surry County, Virginia
Standard & Poor’sStandard & Poor’s Ratings Services, a division of the McGraw-Hill Companies, Inc.
SummerV.C. Summer nuclear power station
SunEdisonThe 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
SurrySurry nuclear power station
Terra Nova Renewable PartnersA partnership comprised primarily of institutional investors advised by J.P. Morgan Asset Management—Global Real Assets
Three CedarsGranite Mountain and Iron Springs, collectively
TransCanadaThe legal entity, TransCanada Corporation, one or more of its consolidated subsidiaries or operating segments, or the entirety of TransCanada Corporation and its consolidated subsidiaries
TranscoTranscontinental Gas Pipe Line Company, LLC
TSRTotal shareholder return
UEX RiderUncollectible Expense Rider deployed by East Ohio
Utah CommissionPublic Service Commission of Utah
VDEQVirginia Department of Environmental Quality
VEBAVoluntary Employees’ Beneficiary Association
VIEVariable interest entity
Virginia City Hybrid Energy CenterA 610 MW baseload carbon-capture compatible, clean coal powered electric generation facility in Wise County, Virginia
Virginia CommissionVirginia State Corporation Commission
Virginia PowerThe 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
VOCVolatile organic compounds
Warren CountyA 1,350 MW combined-cycle, natural gas-fired power station in Warren County, Virginia
WECTECWECTEC Global Project Services, Inc. (formerly known as Stone & Webster, Inc.), a wholly-owned subsidiary of Westinghouse
West Virginia CommissionPublic Service Commission of West Virginia
Western SystemCollection of 212 miles of various diameter natural gas pipelines and three compressor stations in Ohio
WestinghouseWestinghouse Electric Company LLC
WexproThe legal entity, Wexpro Company, one or more of its consolidated subsidiaries, or the entirety of Wexpro Company and its consolidated subsidiaries
Wexpro AgreementAn 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 AgreementAn 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
WhitehouseA 20 MW utility-scale solar power station in Louisa County, VA
White River HubWhite River Hub, LLC
WoodlandA 19 MW utility-scale solar power station in Isle of Wight County, VA
Wyoming CommissionWyoming Public Service Commission
7

Part I

Next: Item 1. Business