UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark one)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

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, address of principal executive offices and registrants’ telephone number	I.R.S. Employer Identification Number
001-08489	DOMINION ENERGY, INC.	54-1229715
000-55337	VIRGINIA ELECTRIC AND POWER COMPANY	54-0418825
	600 East Canal Street Richmond, Virginia 23219 (804) 819-2284

State or other jurisdiction of incorporation or organization of the registrants: Virginia

Securities registered pursuant to Section 12(b) of the Act:

Registrant	Trading Symbol	Title of Each Class	Name of Each Exchange on Which Registered
DOMINION ENERGY, INC.	D	Common Stock, no par value	New York Stock Exchange

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 ☐

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 ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-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	☐	Emerging growth company	☐
Non-accelerated filer	☐	Smaller reporting 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. ☐

Virginia Electric and Power Company

Large accelerated filer	☐	Accelerated filer	☐	Emerging growth company	☐
Non-accelerated filer	☒	Smaller reporting 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 in Rule 12b-2 of the Exchange Act).

Dominion Energy, Inc. Yes ☐ No ☒ Virginia Electric and Power Company Yes ☐ No ☒

At July 24, 2026, the latest practicable date for determination, Dominion Energy, Inc. had 879,525,949 shares of common stock outstanding and Virginia Electric and Power Company had 379,927 shares of common stock outstanding. Dominion Energy, Inc. is the sole holder of Virginia Electric and Power Company’s common stock.

This combined Form 10-Q represents separate filings by Dominion Energy, Inc. and Virginia Electric and Power Company. Information contained herein relating to an individual registrant is filed by that registrant on its own behalf. Virginia Electric and Power Company makes no representation as to the information relating to Dominion Energy, Inc.’s other operations.

VIRGINIA ELECTRIC AND POWER COMPANY MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION H(1)(a) AND (b) OF FORM 10-Q AND IS FILING THIS FORM 10-Q UNDER THE REDUCED DISCLOSURE FORMAT.

1

COMBINED INDEX

		Page Number
	Glossary of Terms	3
	PART I. Financial Information
Item 1.	Financial Statements	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	62
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	76
Item 4.	Controls and Procedures	77
	PART II. Other Information
Item 1.	Legal Proceedings	78
Item 1A.	Risk Factors	78
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	82
Item 5.	Other Information	82
Item 6.	Exhibits	83

2

GLOSSARY OF TERMS

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

Abbreviation or Acronym	Definition
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
2025 Biennial Review	Virginia Commission review of Virginia Power’s earned return on base rate generation and distribution services for the two successive 12-month test periods beginning January 1, 2023 and ending December 31, 2024 and prospective rate base setting for the succeeding annual periods beginning January 1, 2026 and ending December 31, 2027
2026 Series A JSNs	Dominion Energy’s 2026 Series A Junior Subordinated Notes due 2056
2026 Series B JSNs	Dominion Energy’s 2026 Series B Junior Subordinated Notes due 2056
2027 Biennial Review	Future Virginia Commission review of Virginia Power’s earned return on base rate generation and distribution services for the two successive 12-month test periods beginning January 1, 2025 and ending December 31, 2026 and prospective rate base setting for the succeeding annual periods beginning January 1, 2028 and ending December 31, 2029
AEP	The legal entity American Electric Power Company, Inc., one or more of its consolidated subsidiaries, or the entirety of American Electric Power Company, Inc. and its consolidated subsidiaries
AFUDC	Allowance for funds used during construction
Altavista	Altavista biomass power station
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 and Duke Energy
Atlantic Coast Pipeline Project	A previously proposed approximately 600-mile natural gas pipeline running from West Virginia through Virginia to North Carolina which would have been owned by Dominion Energy and Duke Energy
bcf	Billion cubic feet
Bedford	A 70 MW solar generation facility in Chesapeake, Virginia
BOEM	Bureau of Ocean Energy Management
Brunswick County	A 1,376 MW combined-cycle, natural gas-fired power station in Brunswick County, Virginia
CAA	Clean Air Act
Canadys Station	A proposed 2.2 GW advanced class combined cycle natural gas-fired power station in Colleton County, South Carolina, to be jointly owned by DESC and Santee Cooper
CCR	Coal combustion residual
CEO	Chief Executive Officer
CERCLA	Comprehensive Environmental Response, Compensation and Liability Act of 1980, also known as Superfund
CFO	Chief Financial Officer
Chesterfield Energy Reliability Center	A proposed 944 MW simple-cycle, natural gas-fired power station in Chesterfield County, Virginia
CO2	Carbon dioxide
CODM	Chief Operating Decision Maker
Companies	Dominion Energy and Virginia Power, collectively
Contracted Energy	Contracted Energy operating segment
Cooling degree days	Units measuring the extent to which the average daily temperature is greater than 65 degrees Fahrenheit, or 75 degrees Fahrenheit in DESC’s service territory, calculated as the difference between 65 or 75 degrees, as applicable, and the average temperature for that day
Cove Point	Cove Point LNG, LP (formerly known as Dominion Energy Cove Point LNG, LP)
CPCN	Certificate of Public Convenience and Necessity
CVOW Commercial Project	A proposed 2.6 GW wind generation facility 27 miles off the coast of Virginia Beach, Virginia in federal waters adjacent to the CVOW Pilot Project and associated interconnection facilities in and around Virginia Beach, Virginia
CVOW Pilot Project	A 12 MW wind generation facility 27 miles off the coast of Virginia Beach, Virginia in federal waters
CWA	Clean Water Act

3

DES	Dominion Energy Services, Inc.
DESC	The legal entity, Dominion Energy South Carolina, Inc., one or more of its consolidated entities or operating segment, or the entirety of Dominion Energy South Carolina, Inc. and its consolidated entities
DGI	Dominion Generation, Inc.
Dominion Energy	The legal entity, Dominion Energy, Inc., one or more of its consolidated subsidiaries (other than Virginia Power) 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 South Carolina	Dominion Energy South Carolina operating segment
Dominion Energy Virginia	Dominion Energy Virginia operating segment
Dominion Privatization	The legal entity Dominion Utility Privatization Holdings, LLC (a joint venture between Dominion Energy and Patriot), one or more of its consolidated subsidiaries, or the entirety of Dominion Utility Privatization Holdings, LLC and its consolidated subsidiaries
DSM	Demand-side management
Dth	Dekatherm
Duke Energy	The legal entity, Duke Energy Corporation, one or more of its consolidated subsidiaries, or the entirety of Duke Energy Corporation and its consolidated subsidiaries
Enel	The legal entity Enel S.p.A, one or more of its consolidated subsidiaries (including Enel Green Power S.p.A), or the entirety of Enel S.p.A and its consolidated subsidiaries
EPA	U.S. Environmental Protection Agency
EPS	Earnings per common share
FERC	Federal Energy Regulatory Commission
FirstEnergy	The legal entity FirstEnergy Corp., one or more of its consolidated subsidiaries, or the entirety of FirstEnergy Corp. and its consolidated subsidiaries
First NextEra Energy Merger	The transaction whereby Merger Sub Corp will merge with and into Dominion Energy with Dominion Energy continuing as the surviving entity pursuant to the terms and subject to the conditions in the NextEra Energy Merger Agreement and the related plan of merger
FTRs	Financial transmission rights
GAAP	U.S. generally accepted accounting principles
GHG	Greenhouse gas
Greensville County	A 1,605 MW combined-cycle, natural gas-fired power station in Greensville County, Virginia
GTSA	Virginia Grid Transformation and Security Act of 2018
GW	Gigawatt
Heating degree days	Units measuring the extent to which the average daily temperature is less than 65 degrees Fahrenheit, or 60 degrees Fahrenheit in DESC’s service territory, calculated as the difference between 65 or 60 degrees, as applicable, and the average temperature for that day
Hopewell	Polyester biomass power station
HSR	Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended
IRA	An Act to Provide for Reconciliation Pursuant to Title II of Senate Concurrent Resolution 14 of the 117th Congress (also known as the Inflation Reduction Act of 2022) enacted on August 16, 2022
ISO	Independent system operator
Jones Act	The Coastwise Merchandise Statute (commonly known as the Jones Act) 46 U.S.C. §55102 regulating U.S. maritime commerce
kV	Kilovolt
kVA	Kilovolt-ampere
LLC Sub	CS Holdco, LLC, a wholly-owned subsidiary of NextEra Energy
MD&A	Management’s Discussion and Analysis of Financial Condition and Results of Operations
Merger Sub Corp	WG Development Corp., a wholly-owned subsidiary of NextEra Energy
MGD	Million gallons per day
Millstone	Millstone nuclear power station
MMBtu	Metric Million British thermal unit
Moody’s	Moody’s Investors Service
MW	Megawatt
MWh	Megawatt hour
Natural Gas Rate Stabilization Act	Legislation effective February 2005 designed to improve and maintain natural gas service infrastructure to meet the needs of customers in South Carolina

4

NAV	Net asset value
NextEra Energy	NextEra Energy, Inc., one or more of its consolidated subsidiaries (including Merger Sub Corp and LLC Sub) or operating segments, or the entirety of NextEra Energy, Inc. and its consolidated subsidiaries
NextEra Energy Merger	The First NextEra Energy Merger or First NextEra Energy Merger together with the Second NextEra Energy Merger, as applicable
NextEra Energy Merger Agreement	Agreement and Plan of Merger, dated as of May 15, 2026, by and among NextEra Energy and Dominion Energy
NND Project	V.C. Summer Units 2 and 3 nuclear development project under which DESC 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
NOX	Nitrogen oxide
NRC	U.S. Nuclear Regulatory Commission
NYSE	New York Stock Exchange
Order 1000	Order issued by FERC adopting requirements for electric transmission planning, cost allocation and development
OSWP	OSW Project LLC, a limited liability company owned by Virginia Power and Stonepeak
ozone season	The period May 1 through September 30, as determined on a federal level
Patriot	Patriot Utility Privatizations, LLC, a joint venture between Foundation Infrastructure Partners, LLC and John Hancock Life Insurance Company (U.S.A.) and affiliates
PJM	PJM Interconnection, LLC
PSD	Prevention of significant deterioration
Pumpkinseed	A 60 MW solar generation facility in Emporia, Virginia
RGGI	Regional Greenhouse Gas Initiative
Rider CCR	A rate adjustment clause associated with the recovery of costs related to the removal of CCR at certain power stations
Rider CE	A rate adjustment clause associated with the recovery of costs related to certain renewable generation, energy storage and related transmission facilities in Virginia, certain small-scale distributed generation projects and related transmission facilities and, beginning May 2024, power purchase agreements for the energy, capacity, ancillary services and renewable energy credits owned by third parties
Rider CERC	A rate adjustment clause associated with the recovery of costs related to the Chesterfield Energy Reliability Center
Rider DIST	A rate adjustment clause associated with the recovery of costs related to electric distribution grid transformation projects that the Virginia Commission has approved as authorized by the GTSA, costs of new underground distribution facilities and, effective June 2026, rural broadband capacity projects
Rider GEN	A rate adjustment clause associated with the recovery of costs related to Altavista, Hopewell, Southampton, Brunswick County, Greensville County, certain solar facilities and the Virginia LNG Storage Facility
Rider OSW	A rate adjustment clause associated with costs incurred to construct, own and operate the CVOW Commercial Project
Rider RGGI	A rate adjustment clause associated with the recovery of costs related to the purchase of allowances through the RGGI market-based trading program for CO2
Rider SNA	A rate adjustment clause associated with costs relating to the preparation of the applications for subsequent license renewal to the NRC to extend the operating licenses of Surry and North Anna and related projects
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
ROE	Return on equity
RTO	Regional transmission organization
Santee Cooper	South Carolina Public Service Authority
SCANA	The legal entity, SCANA Corporation, one or more of its consolidated subsidiaries, or the entirety of SCANA Corporation and its consolidated subsidiaries

5

SCANA Combination	Dominion Energy’s acquisition of SCANA completed on January 1, 2019 pursuant to the terms of the 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
SEC	U.S. Securities and Exchange Commission
Second NextEra Energy Merger	The transaction whereby Dominion Energy will, immediately following the First NextEra Energy Merger, merge with and into LLC Sub with LLC Sub continuing as the surviving entity pursuant to the terms and subject to the conditions in the NextEra Energy Merger Agreement and the related plan of merger
Section 232	Section 232 of the Trade Expansion Act of 1962
Series C Preferred Stock	Dominion Energy’s 4.35% Series C Fixed-Rate Cumulative Redeemable Perpetual Preferred Stock, without par value, with a liquidation preference of $1,000 per share
South Carolina Commission	Public Service Commission of South Carolina
Southampton	Southampton biomass power station
Standard & Poor’s	Standard & Poor’s Ratings Services, a division of S&P Global Inc.
Stonepeak	The legal entity Stonepeak Partners, LLC, one or more of its affiliated investment vehicles (including Dunedin Member LLC) or the entirety of Stonepeak Partners, LLC and its affiliated investment vehicles
Summer	V.C. Summer nuclear power station
Surry	Surry nuclear power station
Valley Link	Valley Link Transmission Company, LLC, a limited liability company owned by Dominion Energy, AEP and FirstEnergy, one or more of its consolidated subsidiaries or the entirety of Valley Link Transmission Company, LLC and its consolidated subsidiaries
VCEA	Virginia Clean Economy Act of March 2020
VEBA	Voluntary Employees’ Beneficiary Association
VIE	Variable interest entity
Virginia Commission	Virginia State Corporation Commission
Virginia LNG Storage Facility	A proposed LNG storage facility in Brunswick and Greensville Counties, Virginia
Virginia Power	The legal entity, Virginia Electric and Power Company, one or more of its consolidated subsidiaries or operating segment, or the entirety of Virginia Electric and Power Company and its consolidated subsidiaries
VPFS	Virginia Power Fuel Securitization, LLC

6

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

DOMINION ENERGY, INC.

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three Months Ended June 30,					Six Months Ended June 30,
	2026			2025		2026			2025
(millions, except per share amounts)
Operating Revenue	$	4,480		$	3,810	$	9,499		$	7,886
Operating Expenses
Electric fuel and other energy-related purchases		1,315			946		2,921			1,908
Purchased electric capacity		80			18		149			27
Purchased gas		53			43		196			190
Other operations and maintenance		984			883		1,969			1,781
Depreciation and amortization		615			580		1,246			1,162
Other taxes		210			194		438			403
Impairment of assets and other charges (benefits)		894			50		859			96
Total operating expenses		4,151			2,714		7,778			5,567
Income from operations		329			1,096		1,721			2,319
Other income (expense)		678			442		681			452
Interest and related charges		555			505		1,116			986
Income from continuing operations including noncontrolling interests before income     tax expense		452			1,033		1,286			1,785
Income tax expense		122			220		170			260
Net Income From Continuing Operations Including Noncontrolling Interests		330			813		1,116			1,525
Net Income (Loss) From Discontinued Operations Including Noncontrolling     Interests(1)		(1	)		1		(2	)		—
Net Income Including Noncontrolling Interests		329			814		1,114			1,525
Noncontrolling Interests		(11	)		54		153			100
Net Income Attributable to Dominion Energy	$	340		$	760	$	961		$	1,425
Amounts Attributable to Dominion Energy
Net income from continuing operations	$	341		$	759	$	963		$	1,425
Net income (loss) from discontinued operations		(1	)		1		(2	)		—
Net income attributable to Dominion Energy	$	340		$	760	$	961		$	1,425
EPS - Basic
Net income from continuing operations	$	0.37		$	0.88	$	1.07		$	1.65
Net income (loss) from discontinued operations		—			—		—			—
Net income attributable to Dominion Energy	$	0.37		$	0.88	$	1.07		$	1.65
EPS - Diluted
Net income from continuing operations	$	0.37		$	0.88	$	1.07		$	1.65
Net income (loss) from discontinued operations		—			—		—			—
Net income attributable to Dominion Energy	$	0.37		$	0.88	$	1.07		$	1.65

(1)Includes income tax expense (benefit) of $— million and $(3) million for the three months ended June 30, 2026 and 2025, respectively, and $— million and $(3) million for six months ended June 30, 2026 and 2025 respectively.

The accompanying notes are an integral part of Dominion Energy’s Consolidated Financial Statements.

7

DOMINION ENERGY, INC.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
(millions)
Net income including noncontrolling interests	$	329		$	814		$	1,114		$	1,525
Other comprehensive income (loss), net of taxes:
Net deferred gains (losses) on derivatives-hedging activities(1)		12			—			9			(16	)
Changes in unrealized net gains (losses) on investment securities(2)		(1	)		(2	)		(1	)		9
Changes in net unrecognized pension and other postretirement benefit costs     (credits)(3)		—			—			—			—
Amounts reclassified to net income (loss):
Net derivative (gains) losses-hedging activities(4)		7			7			13			15
Net realized (gains) losses on investment securities(5)		—			2			—			4
Net pension and other postretirement benefit costs (credits)(6)		(2	)		(2	)		(3	)		(5	)
Total other comprehensive income (loss)		16			5			18			7
Comprehensive income including noncontrolling interests		345			819			1,132			1,532
Comprehensive income (loss) attributable to noncontrolling interests		(11	)		54			153			100
Comprehensive income attributable to Dominion Energy	$	356		$	765		$	979		$	1,432

(1) Net of $(4) million and $— million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $(3) million and $5 million tax for the six months ended June 30, 2026 and 2025, respectively.

(2) Net of $— million and $(1) million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $— million and $(8) million tax for the six months ended June 30, 2026 and 2025, respectively.

(3) Net of $— million and $— million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $— million and $— million tax for the six months ended June 30, 2026 and 2025, respectively.

(4) Net of $(2) million and $(3) million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $(4) million and $(5) million tax for the six months ended June 30, 2026 and 2025, respectively.

(5) Net of $— million and $(1) million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $— million and $(1) million tax for the six months ended June 30, 2026 and 2025, respectively.

(6) Net of $1 million and $1 million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $2 million and $1 million tax for the six months ended June 30, 2026 and 2025, respectively.

The accompanying notes are an integral part of Dominion Energy’s Consolidated Financial Statements.

8

DOMINION ENERGY, INC.

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	June 30, 2026			December 31, 2025(1)
(millions)
ASSETS
Current Assets
Cash and cash equivalents(2)	$	296		$	250
Customer receivables (less allowance for doubtful accounts of $26 and $31)		2,773			2,531
Tax receivables		434			434
Other receivables (less allowance for doubtful accounts of $3 at both dates)(2)(3)		301			446
Inventories		2,007			1,957
Regulatory assets(2)		2,125			1,380
Derivative assets		490			335
Prepayments(2)		539			377
Other(2)		482			361
Assets held for sale		265			—
Total current assets		9,712			8,071
Investments
Nuclear decommissioning trust funds		9,907			9,166
Investment in equity method affiliates		127			132
Other(2)		390			378
Total investments		10,424			9,676
Property, Plant and Equipment
Property, plant and equipment(2)		109,913			106,315
Accumulated depreciation and amortization(2)		(28,175	)		(27,348	)
Total property, plant and equipment, net		81,738			78,967
Deferred Charges and Other Assets
Goodwill		4,143			4,143
Regulatory assets(2)		8,465			8,276
Other(2)		7,409			6,724
Total deferred charges and other assets		20,017			19,143
Total assets	$	121,891		$	115,857

(1) Dominion Energy’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.

(2) See Note 14 for amounts attributable to VIEs.

(3) See Note 9 for amounts attributable to related parties.

The accompanying notes are an integral part of Dominion Energy’s Consolidated Financial Statements.

9

DOMINION ENERGY, INC.

CONSOLIDATED BALANCE SHEETS—(Continued)

(Unaudited)

	June 30, 2026			December 31, 2025(1)
(millions)
LIABILITIES AND EQUITY
Current Liabilities
Securities due within one year(2)	$	4,043		$	2,409
Supplemental credit facility borrowings		200		—
Short-term debt		2,462			2,457
Accounts payable(2)		1,242			1,338
Accrued interest, payroll and taxes(2)		1,099			1,244
Regulatory liabilities		609			542
Other(2)(3)		2,219			2,454
Liabilities held for sale		132			—
Total current liabilities		12,006			10,444
Long-Term Debt
Long-term debt		38,032			36,778
Securitization bonds(2)		794			883
Junior subordinated notes		7,462			5,978
Supplemental credit facility borrowings		—			—
Other		431			436
Total long-term debt		46,719			44,075
Deferred Credits and Other Liabilities
Deferred income taxes		8,336			7,885
Deferred investment tax credits		1,500			1,591
Regulatory liabilities		9,422			9,072
Other		10,297			9,373
Total deferred credits and other liabilities		29,555			27,921
Total liabilities		88,280			82,440
Commitments and Contingencies (see Note 16)
Equity
Preferred stock (see Note 15)		991			991
Common stock – no par(4)		25,947			25,892
Retained earnings		2,084			2,318
Accumulated other comprehensive loss		(100	)		(118	)
Shareholders’ equity		28,922			29,083
Noncontrolling interests		4,689			4,334
Total equity		33,611			33,417
Total liabilities and equity	$	121,891		$	115,857

(1) Dominion Energy’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.

(2) See Note 14 for amounts attributable to VIEs.

(3) See Note 9 for amounts attributable to related parties.

(4) 1.8 billion shares authorized; 880 million shares and 879 million shares outstanding at June 30, 2026 and December 31, 2025, respectively.

The accompanying notes are an integral part of Dominion Energy’s Consolidated Financial Statements.

10

DOMINION ENERGY, INC.

CONSOLIDATED STATEMENTS OF EQUITY

(Unaudited)

QUARTER-TO-DATE

	Preferred Stock				Common Stock
	Shares		Amount		Shares		Amount			Retained Earnings			AOCI			Shareholders’ Equity			Noncontrolling Interests			Total Equity
(millions, except per share amounts)
March 31, 2025		1	$	991		853	$	24,424		$	1,727		$	(150	)	$	26,992		$	3,357		$	30,349
Net income including noncontrolling interests											760						760			54			814
Issuance of stock						—		35									35						35
Stock awards (net of change in unearned    compensation)						—		10									10						10
Sale of noncontrolling interest in OSWP								(7	)								(7	)					(7	)
Contributions from Stonepeak to OSWP																				324			324
Distributions from OSWP to Stonepeak																				(78	)		(78	)
Preferred stock dividends (see Note 15)											(11	)					(11	)					(11	)
Common stock dividends ($0.6675    per common share) and distributions											(569	)					(569	)					(569	)
Other comprehensive income (loss), net of tax														5			5						5
Other								1			(1	)				—						—
June 30, 2025		1	$	991		853	$	24,463		$	1,906		$	(145	)	$	27,215		$	3,657		$	30,872
March 31, 2026		1	$	991		879	$	25,931		$	2,341		$	(116	)	$	29,147		$	4,561		$	33,708
Net income including noncontrolling interests											340						340			(11	)		329
Issuance of stock						1		5									5						5
Stock awards (net of change in unearned    compensation)						—		11									11						11
Contributions from Stonepeak to OSWP																				234			234
Distributions from OSWP to Stonepeak																				(95	)		(95	)
Preferred stock dividends (see Note 15)											(11	)					(11	)					(11	)
Common stock dividends ($0.6675    per common share) and distributions											(587	)					(587	)					(587	)
Other comprehensive income (loss), net of tax														16			16						16
Other											1						1						1
June 30, 2026		1	$	991		880	$	25,947		$	2,084		$	(100	)	$	28,922		$	4,689		$	33,611

11

DOMINION ENERGY, INC.

CONSOLIDATED STATEMENTS OF EQUITY

(Unaudited)

YEAR-TO-DATE

	Preferred Stock				Common Stock
	Shares		Amount		Shares		Amount			Retained Earnings			AOCI			Shareholders’ Equity			Noncontrolling Interests			Total Equity
(millions, except per share amounts)
December 31, 2024		1	$	991		852	$	24,383		$	1,641		$	(152	)	$	26,863		$	2,939		$	29,802
Net income including noncontrolling    interests											1,425						1,425			100			1,525
Issuance of stock						1		70									70						70
Stock awards (net of change in    unearned compensation)						—		16									16						16
Sale of noncontrolling interest in OSWP								(7	)								(7	)					(7	)
Contributions from Stonepeak to OSWP																				724			724
Distributions from OSWP to Stonepeak																				(106	)		(106	)
Preferred stock dividends (see    Note 15)											(22	)					(22	)					(22	)
Common stock dividends ($1.335    per common share) and    distributions											(1,138	)					(1,138	)					(1,138	)
Other comprehensive income (loss), net of    tax														7			7						7
Other								1									1						1
June 30, 2025		1	$	991		853	$	24,463		$	1,906		$	(145	)	$	27,215		$	3,657		$	30,872
December 31, 2025		1	$	991		879	$	25,892		$	2,318		$	(118	)	$	29,083		$	4,334		$	33,417
Net income including noncontrolling    interests											961						961			153			1,114
Issuance of stock						1		38									38						38
Stock awards (net of change in    unearned compensation)						—		17									17						17
Contributions from Stonepeak to OSWP																				370			370
Distributions from OSWP to Stonepeak																				(168	)		(168	)
Preferred stock dividends (see    Note 15)											(22	)					(22	)					(22	)
Common stock dividends ($1.335    per common share) and    distributions											(1,174	)					(1,174	)					(1,174	)
Other comprehensive income (loss), net of    tax														18			18						18
Other											1						1						1
June 30, 2026		1	$	991		880	$	25,947		$	2,084		$	(100	)	$	28,922		$	4,689		$	33,611

The accompanying notes are an integral part of Dominion Energy’s Consolidated Financial Statements.

12

DOMINION ENERGY, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 30,	2026			2025
(millions)
Operating Activities
Net income including noncontrolling interests	$	1,114		$	1,525
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization (including nuclear fuel)		1,394			1,316
Deferred income taxes		316			192
Deferred investment tax credits (benefits)		(14	)		(19	)
Impairment of assets and other charges (benefits)		856			97
Net (gains) losses on nuclear decommissioning trust funds and other investments		(350	)		(173	)
Other adjustments		(53	)		(12	)
Changes in:
Accounts receivable		44			(8	)
Inventories		(44	)		(56	)
Deferred fuel and purchased gas costs, net		(804	)		(553	)
Prepayments and deposits, net		(339	)		(99	)
Accounts payable		33			14
Accrued interest, payroll and taxes		(144	)		(89	)
Net realized and unrealized changes related to derivative activities		348			481
Pension and other postretirement benefits		(113	)		(141	)
Other operating assets and liabilities		213			(46	)
Net cash provided by operating activities		2,457			2,429
Investing Activities
Plant construction and other property additions (including nuclear fuel)		(5,799	)		(6,216	)
Acquisition of solar development projects		(8	)		(10	)
Proceeds from sales of securities		2,308			1,694
Purchases of securities		(2,394	)		(1,748	)
Contributions to equity method affiliates		(3	)		(17	)
Other		(95	)		(88	)
Net cash used in investing activities		(5,991	)		(6,385	)
Financing Activities
Issuance (repayment) of short-term debt, net		5			1,275
364-day term loan facility borrowings		1,250			—
Issuance of long-term debt		4,475			4,200
Repayment of long-term debt		(1,313	)		(750	)
Repayment of securitization bonds		(85	)		(80	)
Supplemental credit facility borrowings		1,000			—
Supplemental credit facility repayments		(800	)		—
Proceeds from sale of noncontrolling interest in OSWP		—			(88	)
Contributions from Stonepeak to OSWP		370			724
Distributions from OSWP to Stonepeak		(168	)		(106	)
Issuance of common stock		38			70
Common dividend payments		(1,174	)		(1,138	)
Other		(40	)		(103	)
Net cash provided by financing activities		3,558			4,004
Increase (decrease) in cash, restricted cash and equivalents		24			48
Cash, restricted cash and equivalents at beginning of period		343			365
Cash, restricted cash and equivalents at end of period	$	367		$	413

See Note 2 for disclosure of supplemental cash flow information.

The accompanying notes are an integral part of Dominion Energy’s Consolidated Financial Statements.

13

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

	Three Months Ended June 30,					Six Months Ended June 30,
	2026			2025		2026		2025
(millions)
Operating Revenue(1)	$	3,421		$	2,712	$	7,117	$	5,477
Operating Expenses
Electric fuel and other energy-related purchases(1)		1,071			729		2,443		1,498
Purchased electric capacity		78			17		143		24
Other operations and maintenance:
Affiliated suppliers		143			125		301		259
Other		473			428		994		904
Depreciation and amortization		415			396		838		794
Other taxes		98			92		205		189
Impairment of assets and other charges (benefits)		268			50		154		96
Total operating expenses		2,546			1,837		5,078		3,764
Income from operations		875			875		2,039		1,713
Other income (expense)		127			80		154		106
Interest and related charges(1)		262			251		521		494
Income before income tax expense		740			704		1,672		1,325
Income tax expense		154			115		299		205
Net Income Including Noncontrolling Interests		586			589		1,373		1,120
Noncontrolling Interests		(11	)		54		153		100
Net Income Attributable to Virginia Power	$	597		$	535	$	1,220	$	1,020

(1)See Note 18 for amounts attributable to affiliates.

The accompanying notes are an integral part of Virginia Power’s Consolidated Financial Statements.

14

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
(millions)
Net income including noncontrolling interests	$	586		$	589		$	1,373		$	1,120
Other comprehensive income (loss), net of taxes:
Net deferred gains (losses) on derivatives-hedging activities(1)		1			2			(1	)		(5	)
Changes in unrealized net gains (losses) on investment securities(2)		—			(2	)		—			—
Amounts reclassified to net income:
Net derivative (gains) losses-hedging activities(3)		—			—			(1	)		—
Total other comprehensive income (loss)		1			—			(2	)		(5	)
Comprehensive income including noncontrolling interests		587			589			1,371			1,115
Comprehensive income (loss) attributable to noncontrolling interests		(11	)		54			153			100
Comprehensive income attributable to Virginia Power	$	598		$	535		$	1,218		$	1,015

(1)Net of $— million and $— million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $1 million and $2 million tax for the six months ended June 30, 2026 and 2025, respectively.

(2)Net of $— million and $— million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $— million and $— million tax for the six months ended June 30, 2026 and 2025, respectively.

(3)Net of $— million and $— million tax for the three months ended June 30, 2026 and 2025, respectively, and net of $— million and $— million tax for the six months ended June 30, 2026 and 2025, respectively.

The accompanying notes are an integral part of Virginia Power’s Consolidated Financial Statements.

15

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED BALANCE SHEETS

(Unaudited)

	June 30, 2026			December 31, 2025(1)
(millions)
ASSETS
Current Assets
Cash and cash equivalents(2)	$	193		$	170
Customer receivables (less allowance for doubtful accounts of $19 and $25)		2,193			1,930
Other receivables (less allowance for doubtful accounts of $3 at both dates)(2)		193			252
Affiliated receivables		132			35
Inventories (average cost method)		1,291			1,250
Derivative assets(3)		310			212
Regulatory assets(2)		1,670			1,110
Other(2)(3)		153			166
Total current assets		6,135			5,125
Investments
Nuclear decommissioning trust funds		5,273			4,864
Other(2)		6			4
Total investments		5,279			4,868
Property, Plant and Equipment
Property, plant and equipment(2)		84,120			80,121
Accumulated depreciation and amortization(2)		(19,763	)		(19,157	)
Total property, plant and equipment, net		64,357			60,964
Deferred Charges and Other Assets
Regulatory assets(2)		4,583			4,526
Other(2)(3)		4,197			3,760
Total deferred charges and other assets		8,780			8,286
Total assets	$	84,551		$	79,243

(1)Virginia Power’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.

(2)See Note 14 for amounts attributable to VIEs.

(3)See Note 18 for amounts attributable to affiliates.

The accompanying notes are an integral part of Virginia Power’s Consolidated Financial Statements.

16

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED BALANCE SHEETS—(Continued)

(Unaudited)

	June 30, 2026		December 31, 2025(1)
(millions)
LIABILITIES AND EQUITY
Current Liabilities
Securities due within one year(2)	$	1,967	$	1,366
Short-term debt		992		675
Accounts payable(2)		824		821
Payables to affiliates		162		216
Affiliated current borrowings		1,398		1,173
Accrued interest, payroll and taxes(2)		483		450
Regulatory liabilities		439		374
Other(2)(3)		1,705		1,900
Total current liabilities		7,970		6,975
Long-Term Debt
Long-term debt		21,430		20,651
Securitization bonds(2)		794		883
Other		201		194
Total long-term debt		22,425		21,728
Deferred Credits and Other Liabilities
Deferred income taxes		5,343		4,921
Deferred investment tax credits		611		616
Regulatory liabilities		6,863		6,530
Other(3)		7,777		6,934
Total deferred credits and other liabilities		20,594		19,001
Total liabilities		50,989		47,704
Commitments and Contingencies (see Note 16)
Equity
Common stock – no par(4)		12,937		12,487
Other paid-in capital		999		999
Retained earnings		14,907		13,687
Accumulated other comprehensive income		30		32
Shareholder’s equity		28,873		27,205
Noncontrolling interests		4,689		4,334
Total equity		33,562		31,539
Total liabilities and equity	$	84,551	$	79,243

(1)Virginia Power’s Consolidated Balance Sheet at December 31, 2025 has been derived from the audited Consolidated Balance Sheet at that date.

(2)See Note 14 for amounts attributable to VIEs.

(3)See Note 18 for amounts attributable to affiliates.

(4)500,000 shares authorized; 379,927 and 373,881 shares outstanding at June 30, 2026 and December 31, 2025, respectively.

The accompanying notes are an integral part of Virginia Power’s Consolidated Financial Statements.

17

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED STATEMENTS OF EQUITY

(Unaudited)

QUARTER-TO-DATE

	Common Stock
	Shares		Amount		Other Paid-In Capital			Retained Earnings			AOCI		Shareholder's Equity			Noncontrolling  Interests			Total Equity
(millions, except for shares)	(thousands)
March 31, 2025		324	$	8,987	$	1,006		$	12,622		$	23	$	22,638		$	3,357		$	25,995
Net income including     noncontrolling interests									535					535			54			589
Issuance of stock to     Dominion Energy	30			2,100										2,100						2,100
Sale of noncontrolling     interest in OSWP						(7	)							(7	)					(7	)
Contributions from     Stonepeak to OSWP																	324			324
Distributions from     OSWP to Stonepeak																	(78	)		(78	)
Other comprehensive     income (loss), net of tax												—		—						—
Other									(1	)				(1	)					(1	)
June 30, 2025		354	$	11,087	$	999		$	13,156		$	23	$	25,265		$	3,657		$	28,922
March 31, 2026		374	$	12,487	$	999		$	14,310		$	29	$	27,825		$	4,561		$	32,386
Net income including     noncontrolling interests									597					597			(11	)		586
Issuance of stock to     Dominion Energy		6		450										450						450
Contributions from     Stonepeak to OSWP																	234			234
Distributions from     OSWP to Stonepeak																	(95	)		(95	)
Other comprehensive     income (loss), net of tax												1		1						1
June 30, 2026		380	$	12,937	$	999		$	14,907		$	30	$	28,873		$	4,689		$	33,562

18

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED STATEMENTS OF EQUITY

(Unaudited)

YEAR-TO-DATE

	Common Stock
	Shares		Amount		Other Paid-In Capital			Retained Earnings		AOCI			Shareholder's Equity			Noncontrolling Interests			Total Equity
(millions, except for shares)	(thousands)
December 31, 2024		324	$	8,987	$	1,006		$	12,136	$	28		$	22,157		$	2,939		$	25,096
Net income including     noncontrolling interests									1,020					1,020			100			1,120
Issuance of stock to     Dominion Energy	30			2,100										2,100						2,100
Sale of noncontrolling     interest in OSWP						(7	)							(7	)					(7	)
Contributions from     Stonepeak to OSWP																	724			724
Distributions from     OSWP to Stonepeak																	(106	)		(106	)
Other comprehensive     income (loss), net of tax											(5	)		(5	)					(5	)
June 30, 2025		354	$	11,087	$	999		$	13,156	$	23		$	25,265		$	3,657		$	28,922
December 31, 2025		374	$	12,487	$	999		$	13,687	$	32		$	27,205		$	4,334		$	31,539
Net income including     noncontrolling interests									1,220					1,220			153			1,373
Issuance of stock to     Dominion Energy	6			450										450						450
Contributions from     Stonepeak to OSWP																	370			370
Distributions from     OSWP to Stonepeak																	(168	)		(168	)
Other comprehensive     income (loss), net of tax											(2	)		(2	)					(2	)
June 30, 2026		380	$	12,937	$	999		$	14,907	$	30		$	28,873		$	4,689		$	33,562

The accompanying notes are an integral part of Virginia Power’s Consolidated Financial Statements.

19

VIRGINIA ELECTRIC AND POWER COMPANY

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 30,	2026			2025
(millions)
Operating Activities
Net income including noncontrolling interests	$	1,373		$	1,120
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:
Depreciation and amortization (including nuclear fuel)		921			879
Deferred income taxes		303			176
Deferred investment tax credits (benefits)		(5	)		(12	)
Impairment of assets and other charges (benefits)		152			97
Net (gains) losses on nuclear decommissioning trust funds and other investments		(48	)		(24	)
Other adjustments		(60	)		(45	)
Changes in:
Accounts receivable		(83	)		(57	)
Affiliated receivables and payables		(151	)		(103	)
Inventories		(36	)		(44	)
Prepayments and deposits, net		—			(53	)
Deferred fuel expenses, net		(649	)		(502	)
Accounts payable		106			113
Accrued interest, payroll and taxes		33			53
Net realized and unrealized changes related to derivative activities		189			93
Other operating assets and liabilities		336			143
Net cash provided by operating activities		2,381			1,834
Investing Activities
Plant construction and other property additions		(4,769	)		(5,103	)
Purchases of nuclear fuel		(63	)		(120	)
Acquisition of solar development projects		(7	)		(10	)
Proceeds from sales of securities		1,583			923
Purchases of securities		(1,652	)		(966	)
Other		(46	)		(39	)
Net cash used in investing activities		(4,954	)		(5,315	)
Financing Activities
Issuance (repayment) of short-term debt, net		317			795
Issuance (repayment) of affiliated current borrowings, net		225			(323	)
Issuance of long-term debt		2,150			1,250
Repayment of long-term debt		(750	)		(350	)
Repayment of securitization bonds		(85	)		(80	)
Proceeds from sale of noncontrolling interest in OSWP		—			(88	)
Contributions from Stonepeak to OSWP		370			724
Distributions from OSWP to Stonepeak		(168	)		(106	)
Issuance of common stock		450			2,100
Common dividend payments to parent		—			(407	)
Other		86			(22	)
Net cash provided by financing activities		2,595			3,493
Increase in cash, restricted cash and equivalents		22			12
Cash, restricted cash and equivalents at beginning of period		231			206
Cash, restricted cash and equivalents at end of period	$	253		$	218

See Note 2 for disclosure of supplemental cash flow information.

The accompanying notes are an integral part of Virginia Power’s Consolidated Financial Statements.

20

COMBINED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

Note 1. Nature of Operations

Dominion Energy, headquartered in Richmond, Virginia, provides primarily regulated electricity service in Virginia, North Carolina and South Carolina through its subsidiaries, Virginia Power and DESC, and is one of the nation’s leading developers and operators of regulated offshore wind and solar power and the largest producer of carbon-free electricity in New England. Dominion Energy also has nonregulated operations that include long-term contracted electric generation operations.

Virginia Power is a regulated public utility that generates, transmits and distributes electricity for sale in Virginia and North Carolina. Virginia Power is a member of PJM, an RTO, and its electric transmission facilities are integrated into PJM. All of Virginia Power’s stock is owned by Dominion Energy.

Dominion Energy manages its daily operations through three primary operating segments: Dominion Energy Virginia, Dominion Energy South Carolina and Contracted Energy. Virginia Power manages its daily operations through one primary operating segment: Dominion Energy Virginia. The Companies each also report a Corporate and Other segment. See Note 20 for further discussion on the Companies’ operating segments.

Proposed Merger

In May 2026, Dominion Energy entered into the NextEra Energy Merger Agreement pursuant to which the Companies will become wholly-owned subsidiaries of NextEra Energy upon closing of the NextEra Energy Merger, which is expected in the second half of 2027, contingent upon receipt of regulatory approvals and the satisfaction of other closing conditions as discussed below. Under the terms of the NextEra Energy Merger Agreement, at closing each outstanding share of Dominion Energy common stock, other than shares to be cancelled as described in the NextEra Energy Merger Agreement, will be converted into the right to receive (i) its pro rata share of an aggregate amount equal to $360 million in cash, without interest, and (ii) 0.8138 shares of NextEra Energy common stock. The terms of the NextEra Energy Merger Agreement require Dominion Energy to redeem any outstanding Series C Preferred Stock, assuming closing occurs after January 2027, and call for redemption any outstanding variable denomination floating rate demand notes, also referred to as Dominion Energy Reliability InvestmentSM. In addition, Dominion Energy expects to settle any outstanding forward sales contracts under its at-the-market program prior to closing. The NextEra Energy Merger Agreement requires the Companies to obtain the consent of NextEra Energy, which consent cannot be unreasonably withheld, for certain activities, such as the payment by Dominion Energy of dividends in excess of $0.6675 per share each quarter, the issuance of debt or equity securities in excess of a specific amount and certain acquisitions or dispositions.

The completion of the NextEra Energy Merger is subject to customary closing conditions, including, among others, approval by the holders of Dominion Energy common stock of the NextEra Energy Merger Agreement and the applicable plan of merger, approval by NextEra Energy shareholders of the issuance of NextEra Energy common stock in connection with the NextEra Energy Merger, expiration or termination of the applicable waiting period under the HSR, receipt of specified regulatory approvals, including the obtaining by Dominion Energy and NextEra Energy of consents and approvals required from the (i) FERC, (ii) NRC (iii) Virginia Commission, (iv) North Carolina Commission and (v) South Carolina Commission, approval for listing on the NYSE of the NextEra Energy common stock to be issued in the NextEra Energy Merger, continued effectiveness of the registration statement on Form S-4 filed by NextEra Energy in connection with the NextEra Energy Merger, accuracy of the parties’ representations and warranties, compliance with covenants, and the absence of a material adverse effect on either Dominion Energy or NextEra Energy. In July 2026, Dominion Energy and NextEra Energy filed for review and approval with FERC, the NRC and the Virginia, North Carolina and South Carolina Commissions. The filings with the Virginia, North Carolina and South Carolina Commissions included proposals for an aggregate amount of $2.25 billion of customer rate credits, including approximately $1.78 billion to customers in Virginia, for utility customers allocated based on usage and payable over two years following closing along with an aggregate increase in charitable commitments of $10 million per year for five years following closing with such amounts to be funded by NextEra Energy.

The NextEra Energy Merger Agreement contains customary termination rights for each of Dominion Energy and NextEra Energy, including if the NextEra Energy Merger has not been consummated by November 2027, subject to extension to August 2028 in certain circumstances, if either of the required shareholder approvals is not obtained, or due to certain breaches of the NextEra Energy Merger Agreement. In certain circumstances in connection with or following termination of the NextEra Energy Merger Agreement, Dominion Energy will be required to pay NextEra Energy a termination fee of $2.24 billion. In comparable circumstances, NextEra Energy will be required to pay Dominion Energy a termination fee of $6.52 billion. In other specified circumstances where the NextEra Energy Merger Agreement is terminated due to the failure of one or more specified conditions relating to or involving certain regulatory matters, NextEra Energy will be required to pay Dominion Energy a termination fee of $4.83 billion.

Note 2. Significant Accounting Policies

As permitted by the rules and regulations of the SEC, the Companies’ accompanying unaudited Consolidated Financial Statements contain certain condensed financial information and exclude certain footnote disclosures normally included in annual audited consolidated financial statements prepared in accordance with GAAP. These unaudited Consolidated

21

Financial Statements should be read in conjunction with the Consolidated Financial Statements and Notes in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2025.

In the Companies’ opinion, the accompanying unaudited Consolidated Financial Statements contain all adjustments necessary to present fairly their financial position at June 30, 2026, their results of operations and changes in equity for the three and six months ended June 30, 2026 and 2025 and their cash flows for the six months ended June 30, 2026 and 2025. Such adjustments are normal and recurring in nature unless otherwise noted.

The Companies make certain estimates and assumptions in preparing their Consolidated Financial Statements in accordance with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues, expenses and cash flows for the periods presented. Actual results may differ from those estimates.

The Companies’ accompanying unaudited Consolidated Financial Statements include, after eliminating intercompany transactions and balances, their accounts, those of their respective majority-owned subsidiaries and non-wholly-owned entities in which they have a controlling financial interest. For certain partnership structures, income is allocated based on the liquidation value of the underlying contractual arrangements. Stonepeak’s 50% ownership interest in OSWP is reflected as noncontrolling interest in the Companies’ Consolidated Financial Statements.

The results of operations for interim periods are not necessarily indicative of the results expected for the full year. Information for quarterly periods is affected by seasonal variations in sales, rate changes, electric fuel and other energy-related purchases, purchased gas expenses and other factors.

Certain amounts in the Companies’ 2025 Consolidated Financial Statements have been reclassified to conform to the 2026 presentation for comparative purposes; however, such reclassifications did not affect the Companies’ net income, total assets, liabilities, equity or cash flows.

Amounts disclosed for Dominion Energy are inclusive of Virginia Power, where applicable. There have been no significant changes from Note 2 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2025, with the exception of the items described below.

Cash, Restricted Cash and Equivalents

Restricted Cash and Equivalents

The following table provides a reconciliation of the total cash, restricted cash and equivalents reported within the Companies’ Consolidated Balance Sheets to the corresponding amounts reported within the Companies’ Consolidated Statements of Cash Flows for the six months ended June 30, 2026 and 2025:

	Cash, Restricted Cash and Equivalents at End of Period				Cash, Restricted Cash and Equivalents at Beginning of Period
	June 30, 2026		June 30, 2025		December 31, 2025		December 31, 2024
(millions)
Dominion Energy
Cash and cash     equivalents	$	296	$	344	$	250	$	310
Restricted cash and    equivalents(1)(2)		71		69		93		55
Cash, restricted    cash and    equivalents    shown in the    Consolidated    Statements of    Cash Flows	$	367	$	413	$	343	$	365
Virginia Power
Cash and cash     equivalents	$	193	$	157	$	170	$	160
Restricted cash and    equivalents(1)(2)		60		61		61		46
Cash, restricted    cash and    equivalents    shown in the    Consolidated    Statements of    Cash Flows	$	253	$	218	$	231	$	206

(1)Includes $45 million, $51 million, $51 million and $41 million at VPFS attributable to VIEs at June 30, 2026, June 30, 2025, December 31, 2025 and December 31, 2024, respectively.

(2)Restricted cash and equivalents balances are presented within other current assets in the Companies’ Consolidated Balance Sheets.

Supplemental Cash Flow Information

The following table provides supplemental disclosure of cash flow information related to Dominion Energy:

Six Months Ended June 30,	2026		2025
(millions)
Significant noncash investing    and financing activities:
Accrued capital expenditures	$	1,175	$	871
Leases(1)		340		37

(1)Includes $41 million and $25 million of financing leases entered in during the six months ended June 30, 2026 and 2025, respectively, and $299 million and $12 million of operating leases entered in during the six months ended June 30, 2026 and 2025, respectively.

The following table provides supplemental disclosure of cash flow information related to Virginia Power:

Six Months Ended June 30,	2026		2025
(millions)
Significant noncash investing    and financing activities:
Accrued capital expenditures	$	1,032	$	685
Leases(1)		426		29

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(1)Includes $35 million and $22 million of financing leases entered in during the six months ended June 30, 2026 and 2025, respectively, $297 million and $7 million of operating leases entered in during the six months ended June 30, 2026 and 2025, respectively, and $94 million for modifications of operating leases during the six months ended June 30, 2026.

Asset Retirement Obligations

In the second quarter of 2026, Dominion Energy revised its estimated cash flow projections associated with the recovery of spent nuclear fuel costs for its AROs associated with the decommissioning of Millstone, which resulted in a decrease of $208 million. Dominion Energy recorded a benefit associated with Millstone Unit 1 of $195 million ($142 million after-tax) within impairment of assets and other charges (benefits) in its Consolidated Statements of Income (reflected in the Corporate and Other segment) for both the three and six months ended June 30, 2026.

Also in the second quarter of 2026, Dominion Energy revised its estimated cash flow projections for its AROs to reflect updated information concerning two facilities related to CCR remediation. As a result, Dominion Energy recorded a $203 million increase to its AROs with a corresponding increase to regulatory assets.

Note 3. Operating Revenue

The Companies’ operating revenue consists of the following:

	Dominion Energy									Virginia Power
	Quarter-to-Date				Year-to-Date					Quarter-to-Date				Year-to-Date
Period Ended June 30,	2026		2025		2026			2025		2026		2025		2026		2025
(millions)
Regulated electric sales:
Residential	$	1,523	$	1,347	$	3,370		$	2,916	$	1,164	$	991	$	2,656	$	2,215
Commercial		983		956		2,163			1,842		732		719		1,686		1,394
High load(1)		814		422		1,450			805		814		422		1,450		805
Industrial		199		178		384			341		83		68		160		134
Government and other retail		318		302		717			610		302		285		683		576
Wholesale		46		38		114			81		34		29		93		66
Nonregulated electric sales		255		238		692			610		43		42		75		65
Regulated gas sales:
Residential		50		45		234			217
Commercial		32		28		84			81
Other		8		5		16			32
Regulated gas transportation and storage		10		10		21			16
Other regulated revenue		136		99		136			143		131		95		126		134
Other nonregulated revenues(2)(3)(4)		82		50		166			109		23		9		45		22
Total operating revenue from     contracts with customers		4,456		3,718		9,547			7,803		3,326		2,660		6,974		5,411
Other revenues(2)(5)		24		92		(48	)		83		95		52		143		66
Total operating revenue	$	4,480	$	3,810	$	9,499		$	7,886	$	3,421	$	2,712	$	7,117	$	5,477

(1)Represents customers in Virginia, including certain data centers, with actual or anticipated forecast demand of 25 MW or higher and annual load factor of 75% or higher.

(2)See Note 18 for amounts attributable to affiliates.

(3)Includes sales of renewable energy credits of $27 million and $5 million for the three months ended June 30, 2026 and 2025, respectively, and $50 million and $15 million for the six months ended June 30, 2026 and 2025, respectively, at Dominion Energy and $6 million and $2 million for the three months ended June 30, 2026 and 2025, respectively, and $11 million and $6 million for the six months ended June 30, 2026 and 2025, respectively, at Virginia Power.

(4)Includes revenue from transition services agreements of $21 million and $24 million for the three months ended June 30, 2026 and 2025, respectively, and $48 million and $51 million for the six months ended June 30, 2026 and 2025, respectively, at Dominion Energy.

(5)Includes alternative revenue of $90 million and $60 million for the three months ended June 30, 2026 and 2025, respectively, and $136 million and $82 million for the six months ended June 30, 2026 and 2025, respectively, at both Dominion Energy and Virginia Power.

Neither Dominion Energy nor Virginia Power have any amounts for revenue to be recognized in the future on multi-year contracts in place at June 30, 2026.

At June 30, 2026 and December 31, 2025, Dominion Energy’s contract liability balances were $38 million and $45 million, respectively. At June 30, 2026 and December 31, 2025, Virginia Power’s contract liability balances were $32 million and $38 million, respectively. The Companies’ contract liabilities are recorded in other current liabilities and other deferred credits and other liabilities in the Consolidated Balance Sheets.

The Companies recognize revenue as they fulfill their obligations to provide service to their customers. During the six months ended June 30, 2026 and 2025, Dominion Energy recognized revenue of $45 million and $50 million, respectively, from the beginning contract liability balances. During the six months ended June 30, 2026 and 2025, Virginia Power recognized $38 million and $46 million, respectively, from the beginning contract liability balances.

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Note 4. Income Taxes

Other than the following matters, there have been no significant developments regarding the Companies’ provision for income taxes, tax-related assets and liabilities and/or unrecognized tax benefits disclosed in Note 5 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2025.

For continuing operations including noncontrolling interests for the six months ended June 30, 2026, the statutory U.S. federal income tax rate reconciles to the Companies’ effective income tax rate as follows:

	Dominion Energy							Virginia Power
(millions, except percentages)	Amount			Rate				Amount			Rate
U.S. federal statutory tax	$	270			21.0		%	$	351			21.0		%
State and local income taxes, net of federal income tax effect(1)		53			4.1				66			4.0
Tax credits:
Production tax credits(2)		(91	)		(7.1	)			(34	)		(2.0	)
Investment tax credit amortization		(44	)		(3.4	)			(23	)		(1.4	)
Nontaxable or nondeductible items:
Regulatory deferrals:
Reversal of excess deferred income taxes		(33	)		(2.6	)			(23	)		(1.4	)
AFUDC—equity		(15	)		(1.2	)			(16	)		(1.0	)
Absence of tax on noncontrolling interest		(29	)		(2.1	)			(29	)		(1.8	)
Other adjustments:
Qualified nuclear decommissioning trust net gains (losses)		61			4.8				10			0.6
Other		(2	)		(0.3	)			(3	)		(0.1	)
Effective tax(3)	$	170			13.2		%	$	299			17.9		%

(1)State taxes in Virginia make up the majority (greater than 50%) of the tax effect in this category.

(2)Dominion Energy production tax credits include a $50 million income tax benefit for the clean energy fuel production tax credit.

(3)The Companies had no adjustments related to the following disclosure categories: foreign tax effects, effects of changes in tax law or rates enacted in the current period and effects of cross-border tax laws.

For continuing operations, including noncontrolling interests for the six months ended June 30, 2025, the statutory U.S. federal income tax rate reconciles to the Companies’ effective income tax rate as follows:

	Dominion Energy			Virginia Power
U.S. federal statutory tax rate	21.0%			21.0%
Increases (reductions) resulting from:
State taxes, net of federal benefit		4.7			4.4
Investment tax credits		(2.5	)		(0.8	)
Production tax credits(1)		(4.9	)		(4.1	)
Reversal of excess deferred income taxes		(1.7	)		(1.7	)
Qualified nuclear decommissioning trust net gains (losses)		2.0			—
Remeasurements and settlements of uncertain tax positions		(1.6	)		—
AFUDC—equity		(0.8	)		(1.0	)
Absence of tax on noncontrolling interest		(1.6	)		(2.3	)
Other, net		(0.1	)		(0.1	)
Effective tax rate		14.5	%		15.4	%

(1)Dominion Energy and Virginia Power production tax credits include a $40 million income tax benefit for the nuclear production tax credit. Dominion Energy production tax credits also include a $27 million income tax benefit for the clean fuel production tax credit.

During the second quarter of 2026, Dominion Energy determined that it is expected to be subject to the corporate alternative minimum tax in 2026 and recorded a corporate alternative minimum tax liability of $21 million, net of tax credit utilization, along with corresponding deferred tax assets related to corporate alternative minimum tax credit carryforwards, which management expects to fully utilize in future periods. The ultimate impact of the corporate alternative minimum tax remains subject to pending guidance and interpretations, which could materially impact the Companies’ results of operations, financial condition and/or cash flows.

During the second quarter of 2026, Dominion Energy entered into an agreement with a third party and completed the transfer of tax credits generated in 2025 for which it received cash proceeds of $45 million. In July 2026, Dominion Energy entered into a separate agreement with a third party and completed the transfer of tax credits generated in 2025 for which it received cash proceeds of $21 million.

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Note 5. Earnings Per Share

The following table presents the calculation of Dominion Energy’s basic and diluted EPS:

	Quarter-to-Date						Year-to-Date
Period Ended June 30,	2026			2025			2026			2025
(millions, except EPS)
Net income attributable to Dominion Energy from continuing operations	$	341		$	759		$	963		$	1,425
Preferred stock dividends (see Note 15)		(11	)		(11	)		(22	)		(22	)
Net income attributable to Dominion Energy from continuing operations - Basic & Diluted		330			748			941			1,403
Net income (loss) attributable to Dominion Energy from discontinued operations - Basic &    Diluted	$	(1	)	$	1		$	(2	)	$	—
Average shares of common stock outstanding - Basic		879.5			852.9			879.2			852.5
Net effect of dilutive securities(1)		2.6			0.3			1.9			0.2
Average shares of common stock outstanding - Diluted		882.1			853.2			881.1			852.7
EPS from continuing operations - Basic	$	0.37		$	0.88		$	1.07		$	1.65
EPS from discontinued operations - Basic		—			—			—			—
EPS attributable to Dominion Energy - Basic	$	0.37		$	0.88		$	1.07		$	1.65
EPS from continuing operations - Diluted	$	0.37		$	0.88		$	1.07		$	1.65
EPS from discontinued operations - Diluted		—			—			—			—
EPS attributable to Dominion Energy - Diluted	$	0.37		$	0.88		$	1.07		$	1.65

(1)Dilutive securities for three months ended June 30, 2026, consists of forward sales agreements entered into in the second and third quarters of 2025 and first and second quarters of 2026 (applying the treasury stock method). Dilutive securities for six months ended June 30, 2026, consists of forward sales agreements entered into in the second and third quarters of 2025 and the second quarter of 2026 and certain forward sales agreements entered into the first quarter of 2026 (applying the treasury stock method). Additionally, dilutive securities for 2025 consists of forward sales agreements entered into in the first and second quarters of 2025 and certain forward sales agreements entered into in the fourth quarter of 2024 (applying the treasury stock method).

Certain of the forward sales agreements entered into in the first quarter of 2026 were potentially dilutive securities but were excluded from the calculation of diluted EPS from continuing operations for the six months ended June 30, 2026, as the dilutive stock price threshold was not met. The forward sales agreements entered into in the third quarter of 2024 and certain of the forward sales agreements entered into in the fourth quarter of 2024 were potentially dilutive securities but were excluded from the calculation of diluted EPS from continuing operations for the three and six months ended June 30, 2025, as the dilutive stock price threshold was not met.

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Note 6. Accumulated Other Comprehensive Income (Loss)

Dominion Energy

The following tables present Dominion Energy’s changes in AOCI (net of tax) and reclassifications out of AOCI by component:

	Total Derivative-Hedging Activities(1)			Investment Securities			Pension and other postretirement benefit costs(2)			Total
(millions)
Three Months Ended June 30, 2026
Beginning balance	$	(179	)	$	—		$	24		$	(155	)
Beginning balance, tax		45			—			(6	)		39
Beginning balance, net of tax		(134	)		—			18			(116	)
Other comprehensive income (loss) before     reclassifications: gains (losses)		12			(1	)		—			11
Amounts reclassified from AOCI: (gains) losses
Interest and related charges		9									9
Other income (expense)					—			(3	)		(3	)
Total		9			—			(3	)		6
Income tax expense (benefit)		(2	)		—			1			(1	)
Total, net of tax		7			—			(2	)		5
Net current period other comprehensive income (loss)		19			(1	)		(2	)		16
Ending balance, net of tax		(115	)		(1	)		16			(100	)
Ending balance, tax		39			—			(5	)		34
Ending balance	$	(154	)	$	(1	)	$	21		$	(134	)
Three Months Ended June 30, 2025
Beginning balance	$	(240	)	$	1		$	35		$	(204	)
Beginning balance, tax		61			2			(9	)		54
Beginning balance, net of tax		(179	)		3			26			(150	)
Other comprehensive income (loss) before     reclassifications: gains (losses)		—			(2	)		—			(2	)
Amounts reclassified from AOCI: (gains) losses
Interest and related charges		10									10
Other income (expense)					3			(3	)
Total		10			3			(3	)		10
Income tax expense (benefit)		(3	)		(1	)		1			(3	)
Total, net of tax		7			2			(2	)		7
Net current period other comprehensive income (loss)		7			—			(2	)		5
Ending balance, net of tax		(172	)		3			24			(145	)
Ending balance, tax		58			—			(8	)		50
Ending balance	$	(230	)	$	3		$	32		$	(195	)

(1)Comprised entirely of interest rate derivative hedging activities.

(2)Comprised entirely of prior service cost.

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	Total Derivative-Hedging Activities(1)			Investment Securities			Pension and other postretirement benefit costs(2)			Total
(millions)
Six Months Ended June 30, 2026
Beginning balance	$	(183	)	$	—		$	26		$	(157	)
Beginning balance, tax		46			—			(7	)		39
Beginning balance, net of tax		(137	)		—			19			(118	)
Other comprehensive income (loss) before     reclassifications: gains (losses)		9			(1	)		—			8
Amounts reclassified from AOCI: (gains) losses
Interest and related charges		17									17
Other income (expense)					—			(5	)		(5	)
Total		17			—			(5	)		12
Income tax expense (benefit)		(4	)		—			2			(2	)
Total, net of tax		13			—			(3	)		10
Net current period other comprehensive income (loss)		22			(1	)		(3	)		18
Ending balance, net of tax		(115	)		(1	)		16			(100	)
Ending balance, tax		39			—			(5	)		34
Ending balance	$	(154	)	$	(1	)	$	21		$	(134	)
Six Months Ended June 30, 2025
Beginning balance	$	(229	)	$	(19	)	$	38		$	(210	)
Beginning balance, tax		58			9			(9	)		58
Beginning balance, net of tax		(171	)		(10	)		29			(152	)
Other comprehensive income (loss) before     reclassifications: gains (losses)		(16	)		9			—			(7	)
Amounts reclassified from AOCI: (gains) losses
Interest and related charges		20									20
Other income (expense)					5			(6	)		(1	)
Total		20			5			(6	)		19
Income tax expense (benefit)		(5	)		(1	)		1			(5	)
Total, net of tax		15			4			(5	)		14
Net current period other comprehensive income (loss)		(1	)		13			(5	)		7
Ending balance, net of tax		(172	)		3			24			(145	)
Ending balance, tax		58			—			(8	)		50
Ending balance	$	(230	)	$	3		$	32		$	(195	)

(1) Comprised entirely of interest rate derivative hedging activities.

(2) Comprised entirely of prior service cost.

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Virginia Power

The following tables present Virginia Power’s changes in AOCI (net of tax) and reclassifications out of AOCI by component:

	Total Derivative-Hedging Activities(1)			Investment Securities			Total
(millions)
Three Months Ended June 30, 2026
Beginning balance	$	39		$	—		$	39
Beginning balance, tax		(10	)		—			(10	)
Beginning balance, net of tax		29			—			29
Other comprehensive income (loss) before     reclassifications: gains (losses)		1			—			1
Amounts reclassified from AOCI: (gains) losses
Interest and related charges (benefit)		—						—
Total		—			—			—
Income tax expense (benefit)		—			—			—
Total, net of tax		—			—			—
Net current period other comprehensive income (loss)		1			—			1
Ending balance, net of tax		30			—			30
Ending balance, tax		(10	)		—			(10	)
Ending balance	$	40		$	—		$	40
Three Months Ended June 30, 2025
Beginning balance	$	28		$	1		$	29
Beginning balance, tax		(7	)		1			(6	)
Beginning balance, net of tax	21			2			23
Other comprehensive income (loss) before     reclassifications: gains (losses)		2			(2	)		—
Amounts reclassified from AOCI: (gains) losses					—			—
Total		—			—			—
Income tax expense (benefit)		—			—			—
Total, net of tax		—			—			—
Net current period other comprehensive income (loss)		2			(2	)		—
Ending balance, net of tax		23			—			23
Ending balance, tax		(8	)		1			(7	)
Ending balance	$	31		$	(1	)	$	30

(1)Comprised entirely of interest rate derivative hedging activities.

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	Total Derivative-Hedging Activities(1)			Investment Securities			Total
(millions)
Six Months Ended June 30, 2026
Beginning balance	$	43		$	—		$	43
Beginning balance, tax		(11	)		—			(11	)
Beginning balance, net of tax		32			—			32
Other comprehensive income (loss) before     reclassifications: gains (losses)		(1	)		—			(1	)
Amounts reclassified from AOCI: (gains) losses
Interest and related charges		(1	)		—			(1	)
Other income (expense)		—			—			—
Total		(1	)		—			(1	)
Income tax expense (benefit)		—			—			—
Total, net of tax		(1	)		—			(1	)
Net current period other comprehensive income (loss)		(2	)		—			(2	)
Ending balance, net of tax		30						30
Ending balance, tax		(10	)					(10	)
Ending balance	$	40		$	—		$	40
Six Months Ended June 30, 2025
Beginning balance	$	38		$	(1	)	$	37
Beginning balance, tax		(10	)		1			(9	)
Beginning balance, net of tax		28			—			28
Other comprehensive income (loss) before     reclassifications: gains (losses)		(5	)		—			(5	)
Amounts reclassified from AOCI: (gains) losses
Total		—			—			—
Income tax expense (benefit)		—			—			—
Total, net of tax		—			—			—
Net current period other comprehensive income (loss)		(5	)		—			(5	)
Ending balance, net of tax		23			—			23
Ending balance, tax		(8	)		1			(7	)
Ending balance	$	31		$	(1	)	$	30

(1) Comprised entirely of interest rate derivative hedging activities.

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Note 7. Fair Value Measurements

The Companies’ fair value measurements are made in accordance with the policies discussed in Note 2 to the Consolidated Financial Statements in the Companies’ Annual Report on Form 10-K for the year ended December 31, 2025. See Note 8 for additional information about the Companies’ derivatives and hedge accounting activities.

The Companies enter into certain physical and financial forwards, futures and options, which are considered Level 3 as they have one or more inputs that are not observable and are significant to the valuation. The discounted cash flow method is used to value Level 3 physical and financial forwards and futures contracts. An option model is used to value Level 3 physical options. The discounted cash flow model for forwards and futures calculates mark-to-market valuations based on forward market prices, original transaction prices, volumes, risk-free rate of return and credit spreads. The inputs into the option models are the forward market prices, implied price volatilities, risk-free rate of return, the option expiration dates, the option strike prices, the original sales prices and volumes. For Level 3 fair value measurements, certain forward market prices, implied price volatilities and credit spreads are considered unobservable.

The following table presents the Companies’ quantitative information about Level 3 fair value measurements at June 30, 2026. The range and weighted-average are presented in dollars for market price inputs and percentages for price volatility and credit spreads.

			Dominion Energy						Virginia Power
	Valuation Techniques	Unobservable Input	Fair Value (millions)		Range	Weighted -average(1)			Fair Value (millions)		Range	Weighted -average(1)
Assets
Physical and financial forwards:
Natural gas(2)	Discounted cash flow	Market price (per Dth)(3)	$	61	(2) - 12		3		$	61	(2) - 3		(1	)
FTRs	Discounted cash flow	Market price (per MWh)(3)		278	2 - 32		15			278	2 - 32		15
Electricity	Discounted cash flow	Market price (per MWh)(3)		288	30 - 124		59
Physical options:
Natural gas(2)	Option model	Market price (per Dth)(3)		375	2 - 20		4			9	3 - 20		8
		Credit spread(4)			0% - 3%		2	%
		Price volatility(5)			3% - 80%		65	%			20% - 74%		50	%
Total assets			$	1,002					$	348
Liabilities
Physical and financial forwards:
FTRs	Discounted cash flow	Market price (per MWh)(3)		33	(9) - 32		15			33	(9) - 32		15
Electricity	Discounted cash flow	Market price (per MWh)(3)		39	34 -187		67
Total liabilities			$	72					$	33

(1)Averages weighted by volume.

(2)Includes basis.

(3)Represents market prices beyond defined terms for Levels 1 and 2.

(4)Represents credit spreads unrepresented in published markets.

(5)Represents volatilities unrepresented in published markets.

Sensitivity of the fair value measurements to changes in the significant unobservable inputs is as follows:

Significant Unobservable Inputs	Position	Change to Input	Impact on Fair Value Measurement
Market price	Buy	Increase (decrease)	Gain (loss)
Market price	Sell	Increase (decrease)	Loss (gain)
Price volatility	Buy	Increase (decrease)	Gain (loss)
Price volatility	Sell	Increase (decrease)	Loss (gain)

Nonrecurring Fair Value Measurements

See Note 10 for information regarding impairment charges recorded by Dominion Energy associated with certain nonregulated solar generation facilities and nonregulated renewable natural gas facilities.

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Recurring Fair Value Measurements

The following table presents the Companies’ assets and liabilities that are measured at fair value on a recurring basis for each hierarchy level, including both current and noncurrent portions:

	Dominion Energy								Virginia Power
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
(millions)
June 30, 2026
Assets
Derivatives:
Commodity	$	3	$	121	$	1,002	$	1,126	$	3	$	68	$	348	$	419
Interest rate		—		51		—		51		—		34		—		34
Foreign currency exchange rate		—		2		—		2		—