July 24, 2017 2:55 AM ET

Electric Utilities

Company Overview of Virginia Electric and Power Company

Company Overview

Virginia Electric and Power Company, a regulated public utility, generates, transmits, and distributes electricity for sale in Virginia and North Carolina. It operates in two segments, Dominion Virginia Power (DVP) and Dominion Generation. The DVP segment engages in the regulated electric transmission and distribution operations, including customer service. It has approximately 6,600 miles of electric transmission lines of 69 kilovolt located in the states of North Carolina, Virginia, and West Virginia. This segment serves approximately 2.6 million customers. The Dominion Generation segment is involved in the generation operations of regulated electric utility, as well as its related energy ...

120 Tredegar Street

Richmond, VA 23219

United States

Founded in 1909

6,800 Employees



Key Executives for Virginia Electric and Power Company

Chief Executive Officer, President and Director
Age: 49
President and Chief Operating Officer
Age: 57
President and Chief Operating Officer
Age: 62
Age: 59
Chief Financial Officer, Executive Vice President and Director
Age: 59
Compensation as of Fiscal Year 2017.

Virginia Electric and Power Company Key Developments

Dominion North Carolina Power will Change its Name to Dominion Energy North Carolina

Effective May 12, 2017, Dominion North Carolina Power will change its name to Dominion Energy North Carolina.

Dominion Virginia Power will Change its Name to Dominion Energy Virginia

Effective May 12, 2017, Dominion Virginia Power will change its name to Dominion Energy Virginia.

Dominion Virginia Power Plans to Build 230-kV Transmission Line and New Substation in Northern Virginia

The Virginia State Corporation Commission approved Dominion Virginia Power's plan to build a 230-kV transmission line and a new substation in northern Virginia. The commission found this route to be the preferable route for the 5.1-mile overhead line because it has less impact on local residences, noting that the route does not impact any homes within 200 feet of the centerline. "Moreover, the heavily wooded area along this route will provide screening, aiding to minimize remaining visual impacts of the line". Regulators also said they believe the project will support overall growth in the area and is needed to help Dominion comply with mandatory reliability standards.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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