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May 05, 2015 4:58 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, DVP and Dominion Generation. The Dominion Virginia Power segment is engaged in regulated electric transmission and distribution operations, including customer service. It has approximately 6,400 miles of electric transmission lines of approximately 69 kilovolt located in the states of North Carolina, Virginia, and West Virginia. This segment serves approximately 2.5 million customers. The Dominion Generation segment is involved in the generation operations of regulated electric utility; and its related energy s...

120 Tredegar Street

Richmond, VA 23219

United States

Founded in 1909

6,800 Employees



Key Executives for Virginia Electric and Power Company

Chairman, Chief Executive Officer, Member of Audit Committee, Chairman of Dominion Resources, Inc, Chief Executive Officer of Dominion Resources, Inc and President of Dominion Resources, Inc
Age: 60
President and Chief Operating Officer
Age: 54
President and Chief Operating Officer
Age: 59
President and Chief Nuclear Officer
Age: 56
President and Director
Age: 46
Compensation as of Fiscal Year 2014.

Virginia Electric and Power Company Key Developments

Dominion Virginia Power to Build its New Greensville County Power Station

Fluor Corporation announced that it was awarded an engineering, procurement, construction and commissioning (EPCC) contract by Dominion Virginia Power to build its new Greensville County Power Station, a combined-cycle, natural gas-fired power station in Greensville County, Va. The project investment will exceed $1 billion. Based on the current limited notice-to-proceed, Fluor will book a portion of its scope into backlog in the first quarter of 2015 with the remainder to be booked in 2016 after Dominion receives final permits and approvals. The new 1,600-megawatt Greensville County Power Station is expected to be completed by 2019 and will produce enough electricity to power 400,000 homes at peak demand. Fluor will design the plant at its engineering office in Charlotte, and it is anticipated that about 1,000 craft workers will be onsite during the peak construction period. The Greensville County Power Station will be located on a 1,143-acre site on the Greensville and Brunswick County line in southern Virginia. New power output from the Greensville County facility will fulfill the need for additional generation resources to serve Dominion’s projected customer demand.

Dominion Virginia Power Names Scott Miller as Vice President-Electric Transmission

Dominion East Ohio announced the appointment of Scott Miller as vice president-Electric Transmission for Dominion Virginia Power in Richmond. Miller joined Dominion in 1997 as a financial analyst in Corporate Planning & Analysis. In 1999, he was promoted to senior financial analyst and became manager-Mergers & Acquisitions in 2001. He was named director-Financial Analysis for Dominion Generation in 2004, and was promoted to vice president-Financial Management, Dominion Energy, in October 2007. He became vice president-Financial Management, Dominion Virginia Power, in June 2009. He was named vice president Budgeting, Business Planning & Market Analysis in January 2011.

Dominion Virginia Power Plans to Construct Natural Gas-Fuelled Power Station of Around 1600-Megawatts in Greensville County, Virginia

Dominion Virginia Power is planning to construct a natural gas-fuelled power station of around 1600-megawatts, in Greensville County, Virginia, USA. The project requires an investment of more than USD 1 billion and is likely to be a combined-cycle facility consisting of three gas-fired combustion turbines and a steam turbine designed to generate enough power for 400,000 typical homes at peak demand. The facility requires regulatory approval and is to create more than 1,000 jobs at the peak of construction and be operational in 2019 to meet projected demand growth. When the power station starts operations, it will have around 45 full-time employees.

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