Dominion Energy, Inc. · NYSE:D
Dominion Energy — Q3 2026 Earnings Presentation
23 slides from Dominion Energy's earnings presentation, Oct 30, 2026
Slide 1: Q3 2026 earnings call
Q3 2026 earnings call October 30, 2026
Slide 2: Important note for investors
Important note for investors This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding Dominion Energy. The statements relate to, among other things, expectations, estimates and projections concerning the busine
Slide 3: Financial results and guidance
Dominion Energy Financial results and guidance Operating earnings per share (non-GAAP) and long-term financial guidance Metric Amount Commentary Reflects $0.05 of RNG 45Z related income³, $0.05 of Q3 2026: Actual ($ per share)¹,² $1.28 better than normal weather 2026 guidance range ($ per share)² $3
Slide 4: Capital raising activities (updated)
Dominion Energy Capital raising activities (updated) 2026 expected fixed income activities¹ ($B) Issuance range Issued YTD (updated) Remaining Dominion Energy Virginia $3.5—$4.5 $4.1 $— Dominion Energy South Carolina 0.0—0.5 0.3 — DEI hybrid 1.5—2.5 1.5 0.0—1.0 DEI other fixed income 1.0—2.0 0.8 0.2
Slide 5: Data center contracted capacity (updated)
Dominion Energy Virginia Data center contracted capacity (updated) ~48.5 GW ~54.9 GW ~6.3GW/13% vs. December 2025 data center contracted capacity ELOA: Engineering Letter of Authorization (ELOA) 32.8 GW ELOA: ▪ Detailed engineering plan 27.4 GW ▪ Costs reimbursed to Dominion Energy Construction Let
Slide 6: Employee safety
Dominion Energy Employee safety OSHA recordable incident rate¹ 78% better 1.90 than average 0.94 0.45 0.42 0.41 0.26 2006-2022 average 2023 2024 2025 2026 YTD² Industry average³ ¹ Number of recordables per 100 employees each work year; data is pro forma for SCANA ² 2026 YTD through September ³ Avera
Slide 7: NextEra Energy-Dominion Energy combination
NextEra Energy-Dominion Energy combination Subject to approvals, merger expected to close in second half of 2027 Approval timeline Q2 2026 Q3 2026 Q4 2026 Q1 2027 Q2 2027 Q3 2027 Q4 2027 Transaction Federal regulatory applications / regulatory approval process¹: Announcement FERC, NRC, HSR State reg
Slide 8: Coastal Virginia Offshore Wind (CVOW)
Coastal Virginia Offshore Wind (CVOW) Significant progress reduces project risk: ~85% complete (updated) Fabrication status¹ 100% of nacelles, towers and blades fabricated (updated) Installation status¹ Turbines installed: 44 (updated); 45th turbine underway Base installation (no change): ~2 days pe
Slide 9: CVOW selected updates
Coastal Virginia Offshore Wind (CVOW) Selected updates (updated) ▪ Current capital budget: $11.65B including contingency (no change) ▪ Project-to-date investment (as of 9/30/2026): ~$10.1B ▪ Remaining project costs: ~$1.5B ▪ % to be funded by Stonepeak via non-controlling equity financing: 48%¹ ▪ Re
Slide 10: Selected business updates
Dominion Energy Selected business updates ✓ Filed 2026 VA Integrated Resource Plan Update DEV ▪ Presented generation build portfolios with additional resource capacity representative of our “all of the above” approach to support continued robust load growth ✓ Received unanimous approval of gas RSA s
Slide 11: Summary
Dominion Energy Summary ✓ Ongoing focus on three top priorities ✓ Consistently achieving our financial commitments ✓ Continued achievement of major construction milestones for the Coastal Virginia Offshore Wind project ✓ Achieving constructive regulatory outcomes that demonstrate our ability to work
Slide 12: Appendix
Appendix 12
Slide 13: Consolidated guidance
Consolidated guidance 2026 operating earnings per share Q4 drivers (YoY) ▲ Regulated investment ▲ Electric rate cases ▲ Sales ▲ Charybdis ▲ O&M/other ▼ Return to normal weather ▼ Financing costs ▼ Capacity expense ▼ Nuclear PTC ▼ Millstone planned outage ▼ DD&A ▼ RNG ▼ Share dilution ▼ Tax 13
Slide 14: Regulated electric sales growth
Regulated electric sales growth DEV and DESC combined LTM¹ Q3 ’26 YoY weather normal sales growth² Regulated electric sales trends % of 31% 49% 9% 11% regulated sales ✓ Robust commercial load growth Residential Commercial Industrial Govt/Other Total ✓ Attractive customer growth across our Virginia a
Slide 15: Customers
Customers State-regulated utilities Segment summary Q3 2026 State summary Three months ended Average customers September 30 Q3 2026 (M) DE ‘24-’26 CAGR South Carolina 1.3M DE Virginia 0.9% 2.8 32% DE South Carolina 1.9% 1.3 Electric 1.5% 0.8 4.2M State utility Gas 2.7% 0.5 customers Total utility cu
Slide 16: Weather degree days
Weather Degree days Quarter ended 9/30 Nine months ended 9/30 2026 2025 2026 2025 Actual 8 0 2,277 2,118 Heating Normal 5 6 2,170 2,149 Dominion Energy Virginia Actual 1,313 1,066 1,925 1,698 Cooling Electric Normal 1,240 1,227 1,810 1,802 Actual 0 0 821 853 Heating Dominion Energy South Normal 0 0
Slide 17: Weather after-tax impacts
Weather After-tax impacts ($M) Q1 Q2 Q3 Q4 2026 YTD Dominion Energy Virginia2 $45 $0 $21 — $66 Versus normal¹ Dominion Energy South 13 2 22 — 38 Carolina3 Total $58 $2 $43 — $104 Q1 Q2 Q3 Q4 2026 YTD $32 ($3) $55 — $84 Versus prior year¹ Dominion Energy Virginia2 Dominion Energy South (1) (4) 36 — 3
Slide 18: Fixed income: credit ratings
Fixed income Credit ratings as of September 30, 2026 (no change) Dominion Energy, Inc. Moody’s S&P Fitch Corporate/Issuer Baa2 BBB+ BBB+ Senior Unsecured Debt Securities Baa2 BBB. BBB+ Junior Subordinated Notes Baa3 BBB- BBB- Preferred Stock Ba1 BBB- BBB- Short-Term/Commercial Paper P-2 A-2 F2 Outlo
Slide 19: Fixed income: schedule of long-term debt
Fixed income Preliminary and unaudited schedule of long-term debt as of September 30, 2026 ($M) Segment Financing Entity Description Maturity Weighted Avg. Coupon Current portion Long-term DE Virginia VEPCO Unsecured Senior Notes, fixed rates 2026-2056 4.74% $1,750 $22,985 DE Virginia VEPCO Tax-Exem
Slide 20: Fixed income: debt maturities
Fixed income Schedule of debt maturities as of September 30, 2026 ($M) Financing Segment Due Date Entity DE Virginia DE SC Con Energy Corp & Other Total 2026 6.875% Debentures (former CNG subsidiary) 10/15/26 DEI - - - 6 6 5.088% Senior Secured Deferred Fuel Cost Bonds 11/01/26 VPFS 87 - - - 87 2.95
Slide 21: Fixed income: debt maturities
Fixed income Schedule of debt maturities as of September 30, 2026 ($M) Financing Segment Due Date Entity DE Virginia DE SC Con Energy Corp & Other Total 2028 4.00% 2013 Series SC JEDA Industrial Revenue Bonds 02/01/28 DESC - 39 - - 39 3.80% 2018 Series A Senior Notes 04/01/28 VEPCO 700 - - - 700 4.6
Slide 22: Important note for investors: Forward-Looking Statements
Important note for investors Forward-Looking Statements This communication includes “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included or incorporated
Slide 23: Additional Information about the Transactions and Where to Find It
Important note for investors Additional Information about the Transactions and Where to Find It In connection with the pending transactions, NextEra Energy has filed with the SEC the Registration Statement, which includes a joint proxy statement of NextEra Energy and Dominion Energy that also consti