Dominion Energy Technologies
Dominion Energy Technologies operates Dominion Energy, Inc. (NYSE: D), a regulated investor-owned utility delivering electricity and natural gas to residential, commercial, industrial, and government customers across Virginia, North Carolina, and South Carolina, with Virginia data center load as a key growth driver.
- Company typePublic
- Founded1983
- HeadquartersRichmond, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Dominion Energy Technologies does
Dominion Energy Technologies operates as the corporate identity for Dominion Energy, Inc. (NYSE: D), a publicly traded regulated investor-owned utility headquartered in Richmond, Virginia, and founded in 1983. The company delivers electricity and natural gas to residential, commercial, industrial, and government customers across Virginia, North Carolina, and South Carolina through company-owned power generation, transmission and distribution lines, and natural gas pipeline networks. It is the largest power provider in Virginia, where nearly 600 of America's 3,000 planned data centers are located, making hyperscale data center load a defining demand driver for its service territory.
The company's core products center on regulated electricity and natural gas delivery, supported by customer-facing digital tools including the Dominion Energy Mobile App, an online account management portal, and outage reporting and restoration services. Adjacent product modules include billing and payment services (autopay, paperless billing, budget billing), energy efficiency rebates and home energy audits, solar programs, electric vehicle infrastructure, and the Dominion Energy Solutions sub-brand serving large commercial and industrial customers. The company also pursued the Coastal Virginia Offshore Wind (CVOW) project, a major offshore wind initiative intended to power approximately 2.5 million homes, which was suspended by the Trump administration in late 2025 over national security concerns.
Revenue is generated through subscription-recurring, tariff-based pricing approved by state utility commissions, billed monthly to customers across multiple rate classes. Q3 2025 revenue was $4.53 billion, exceeding the FactSet consensus estimate of $4.25 billion, with 8.36% year-over-year growth reflecting data center demand and operational improvements. The company also maintains a referral partnership with Enbridge Gas for natural gas customers in North Carolina, Ohio, and Utah, and employs more than 10,000 people across its operations and corporate functions.
Dominion Energy Technologies firmographics
Firmographics- Name
- Dominion Energy Technologies
- Legal name
- Dominion Energy, Inc.
- Website
- https://dom.com
- Company type
- Public
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Dominion Energy Technologies operates Dominion Energy, Inc. (NYSE: D), a regulated investor-owned utility delivering electricity and natural gas to residential, commercial, industrial, and government customers across Virginia, North Carolina, and South Carolina, with Virginia data center load as a key growth driver.
- Ownership category
- akta.pro rank
Dominion Energy Technologies industry classification
Industry- Product category
- Electric and Natural Gas Utility Services
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Natural Gas Distribution (2212), Fossil Fuel Electric Power Generation (221112), Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
- akta.pro secondary industries
- Local Distribution Company (LDC) Natural Gas Distribution Utilities (TLAGADAA), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)
Keywords
Where Dominion Energy Technologies is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Dominion Energy Technologies business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Electricity Sales: Dominion Energy generates the majority of its revenue from electricity sales to residential, commercial, and industrial customers across Virginia, North Carolina, and South Carolina. Q3 2025 revenue was $4.53 billion.
- Natural Gas Distribution: The company provides natural gas distribution services to customers, including residential and commercial users in certain service territories. Natural gas services are also offered to customers in North Carolina, Ohio, and Utah through Enbridge Gas partnerships.
- Offshore Wind Power Generation: Dominion Energy is developing the Coastal Virginia Offshore Wind (CVOW) project, a major offshore wind farm initiative that aims to power approximately 2.5 million homes. The project represents significant investment in renewable energy infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Residential and commercial electricity and gas service with tariff-based rates |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Dominion Energy Technologies product offering
Product offeringCore offering
Dominion Energy Technologies operates as a regulated electric and natural gas utility providing electricity generation, transmission, and distribution, and natural gas distribution to residential, commercial, industrial, and government customers across Virginia, North Carolina, and South Carolina. The company also develops renewable energy projects including the Coastal Virginia Offshore Wind (CVOW) project and offers customer-facing digital tools, billing and payment services, energy efficiency programs, solar and electric vehicle programs, and business-facing energy solutions.
Product overview
Dominion Energy Technologies is an investor-owned utility company operating as a single unified product platform across North Carolina, South Carolina, and Virginia. The company's product portfolio centers on core electricity and natural gas delivery services with customer-facing digital tools including the Dominion Energy Mobile App, online account management, and outage management systems. Supporting modules include billing and payment services, energy assistance programs, save energy and money programs, solar energy projects, and electric vehicle programs. Business-facing offerings include Dominion Energy Solutions for large commercial customers, Government Solutions, and Economic Development Services. The company is also developing the Coastal Virginia Offshore Wind project to expand renewable energy capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Dominion Energy Mobile App
Quantifiable outcome
- 8.36% YoY revenue growth in Q3 2025
- +1 more outcomes
Companies that use Dominion Energy Technologies
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles4 records
Dominion Energy Technologies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Dominion Energy Technologies partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Enbridge GasminorEnbridge Gas provides natural gas services to customers in North Carolina, Ohio, and Utah. Dominion Energy redirects natural gas customers in these areas to Enbridge Gas for service, indicating a collaborative arrangement between utility providers for gas distribution services.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Dominion Energy Technologies competitors and assessment
Company assessmentDirect peers
- Duke Energy: One of the largest US investor-owned utilities serving the Carolinas, Florida, and the Midwest with regulated electric generation, transmission, distribution, and gas. Directly comparable to Dominion in vertical integration, regulated rate-base model, customer mix, and exposure to Southeastern US data center growth.
- Southern Company: Vertically integrated regulated electric and gas utility operating across Georgia, Alabama, and Mississippi with large-scale generation fleets including nuclear, gas, and renewables. Comparable to Dominion as a Southeast-facing regulated utility pursuing aggressive load growth and energy transition capex.
- American Electric Power: One of the largest US electric transmission owners serving 11 states with vertically integrated generation, transmission, and distribution. Comparable to Dominion on scale, multi-state regulated utility model, and significant transmission capex tied to grid modernization and reliability.
- NextEra Energy: Largest US renewable energy generator (NextEra Energy Resources) combined with regulated Florida Power & Light utility. Comparable to Dominion because of its dual regulated utility + large-scale renewables platform, especially relevant given Dominion's offshore wind and solar ambitions.
- Xcel Energy: Multi-state regulated electric and gas utility serving the Upper Midwest, Southwest, and Colorado, with an industry-leading push toward renewables-led decarbonization. Comparable to Dominion on regulated electric+gas model, transition capex, and exposure to data center and industrial load growth.
- Exelon: Pure-play regulated T&D utility serving Maryland, Illinois, Pennsylvania, New Jersey, Delaware, and DC via six regulated subsidiaries. Comparable to Dominion for its large-scale T&D rate base, regulated returns model, and concentration in power-demand-dense Mid-Atlantic geographies hosting data centers.
- Entergy Corporation: Vertically integrated regulated electric utility serving Louisiana, Arkansas, Mississippi, Texas, and Tennessee with growing industrial and data center load. Comparable to Dominion for regulated generation/T&D, energy transition capex, and similar data-center-driven load growth narrative.
- FirstEnergy: Regulated electric transmission and distribution utility serving Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. Comparable to Dominion as a regulated T&D platform with significant transmission capex and exposure to Mid-Atlantic industrial demand.
- CenterPoint Energy: Multi-state regulated electric and natural gas utility serving Texas, Indiana, Ohio, Minnesota, Louisiana, and Mississippi. Comparable to Dominion on regulated electric+gas distribution model, large gas LDC business, and ongoing energy transition and customer-growth programs.
- PPL Corporation: Regulated electric and gas utility operating in Kentucky, Pennsylvania, and Rhode Island, with a focus on regulated returns and infrastructure investment. Comparable to Dominion as a multi-state regulated utility with diversified electric and gas distribution earnings streams.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Dominion Energy Technologies social profiles
Digital presenceDominion Energy Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dominion Energy Technologies leadership team
Management profileNumber of profiles
Profiles3 records
Dominion Energy Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dominion Energy Technologies M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dominion Energy Technologies
What does Dominion Energy Technologies do?
Dominion Energy Technologies operates as a regulated electric and natural gas utility providing electricity generation, transmission, and distribution, and natural gas distribution to residential, commercial, industrial, and government customers across Virginia, North Carolina, and South Carolina. The company also develops renewable energy projects including the Coastal Virginia Offshore Wind (CVOW) project and offers customer-facing digital tools, billing and payment services, energy efficiency programs, solar and electric vehicle programs, and business-facing energy solutions.
Is Dominion Energy Technologies a public or private company?
Dominion Energy Technologies is a public company. It is classified as public and is currently operating.
When was Dominion Energy Technologies founded?
Dominion Energy Technologies was founded in 1983. It employs 5,001 to 10,000 people.
Where is Dominion Energy Technologies based?
Dominion Energy Technologies is headquartered in Richmond, United States, in the North America region.
How does Dominion Energy Technologies make money?
Three revenue lines are on record. Electricity Sales are the primary driver. The others are natural Gas Distribution and offshore Wind Power Generation.
Who are Dominion Energy Technologies's main competitors?
Direct peers on record are Duke Energy, Southern Company, American Electric Power, NextEra Energy, Xcel Energy, Exelon, Entergy Corporation, FirstEnergy, CenterPoint Energy and PPL Corporation.
Does Dominion Energy Technologies have an API?
No public API is recorded for Dominion Energy Technologies.
What industry is Dominion Energy Technologies in?
Dominion Energy Technologies's product category is Electric and Natural Gas Utility Services. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro), with a secondary code of TLAGADAA, Local Distribution Company (LDC) Natural Gas Distribution Utilities. Its NAICS code is 2211 and its SIC code is 4911.