Dominion Energy (D) Risk Factor Changes

The CEA requires certain over-the-counter derivatives, or swaps, to be cleared through a derivatives clearing organization and, if the swap is subject to a clearing requirement, to be executed on a designated contract…

The use of derivative instruments could result in financial losses and liquidity constraints.

A decline in the market value of the assets held in trusts to satisfy future obligations under Dominion Energy’s pension and other postretirement benefit plans may increase the funding requirements under such plans.

An inability to access financial markets and, in the case of Dominion Energy, obtain cash from subsidiaries could adversely affect the execution of the Companies’ business plans.

Failure to attract and retain key executive officers and an appropriately qualified workforce could have an adverse effect on the Companies’ operations.

War, acts and threats of terrorism, intentional acts and other significant events could adversely affect the Companies’ operations.

public statements affecting the Companies.

The Companies conduct certain operations through partnership arrangements involving third-party investors which may limit the Companies’ operational flexibility or result in an adverse impact on its financial results.

The Companies’ financial results can be adversely affected by various factors driving supply and demand for electricity and related services.

Hostile cyber intrusions could severely impair the Companies’ operations, lead to the disclosure of confidential information, damage the reputation of the Companies and otherwise have an adverse effect on the Companie…

The EPA has issued regulations concerning the management and storage of CCRs, which Virginia has adopted.

Compliance costs cannot be estimated with certainty due to the inability to predict the requirements and timing of implementation of any new or changing environmental rules or regulations.

There are also potential negative impacts on Dominion Energy’s natural gas business from its net zero emissions commitment as well as federal or state GHG regulations which may require further GHG emission reductions…

Dominion Energy is working to achieve net zero carbon and methane Scope 1 and Scope 2 emissions and material categories of Scope 3 emissions by 2050.

Compliance with federal and/or state requirements imposing limitations on GHG emissions or efficiency improvements, as well as Dominion Energy’s commitment to achieve net zero carbon and methane emissions by 2050, may…

The Companies are dependent on their contractors for the successful and timely completion of large-scale infrastructure projects.

Start-up and operational issues can arise in connection with the commencement of commercial operations at the Companies’ facilities.

The Companies’ infrastructure build and expansion plans often require regulatory approval, including environmental permits, before commencing construction and completing projects.

The construction of the CVOW Commercial Project involves the use of evolving turbine technology and takes place in a marine environment, which presents unique challenges and requires the use of a specialized workforce…

The construction of the CVOW Commercial Project is dependent on the Companies’ ability to maintain various local, state and federal permits, rights of way and other regulatory approvals and authorizations, including V…

The construction of the CVOW Commercial Project involves significant risks.

corporate alternative minimum tax, that the Companies have considered in recording their provisions for income taxes.

Under certain circumstances, state utility regulators may impose a moratorium on increases to retail base rates for a specified period of time, which could delay recovery of costs incurred in providing service.

In states other than Virginia, the Companies’ retail electric base rates for generation and distribution services to customers are regulated on a cost-of-service/rate-of-return basis subject to the statutes, rules and…

At the state level, Virginia Power’s retail base rates, terms and conditions for generation and distribution services to customers in Virginia are reviewed by the Virginia Commission in a biennial proceeding that invo…

The Companies’ businesses are influenced by many factors that are difficult to predict, involve risks and uncertainties that may materially affect actual results and are often beyond their control.

increase their cost of borrowing or restrict their ability to access one or more financial markets.

maintained against losses resulting from any such attack may not be sufficient to cover such losses or otherwise adequately compensate for any business disruptions that could result.

objectives which may differ from those of the Companies and, accordingly, disputes may arise amongst the owners of such partnership arrangements that may result in delays, litigation or operational impasses.

such as inflation or increased prices in natural gas.

The construction of the CVOW Commercial Project involves significant risks.

such actions could render additional existing generation facilities uneconomical to operate, result in the impairment of assets, or otherwise adversely affect the Companies’ results of operations, financial performanc…

The Companies are subject to complex governmental regulation, including tax regulation, that could adversely affect their results of operations and subject the Companies to monetary penalties.

and other postretirement benefit plans; as interest rates decrease, the liabilities increase, potentially requiring additional funding.

productivity costs and safety costs, may rise.

The Companies may be materially adversely affected by negative publicity or the inability of Dominion Energy to meet its stated commitments.

reliability of the Companies’ electric grid and/or result in significant costs to enhance the grid.

19 different locations, including 12 at Virginia Power.

put directives in place to start the withdrawal of Virginia from RGGI.

approvals.

addition, the cost of the CVOW Commercial Project could be adversely affected by the impact of applicable tariffs, including any potential impact of Section 232 investigations.

The Companies are subject to complex governmental regulation, including tax regulation, that could adversely affect their results of operations and subject the Companies to monetary penalties.