D · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

DOMINION ENERGY, INC · 2026-10-30 · Importance 53 · Surprise 48

Dominion Energy third-quarter operating revenue increased 24% year over year to $5.617 billion, a $1.090 billion increase. Major contributors included $382 million of higher fuel-related revenue, $258 million from Virginia Power non-fuel riders and $184 million from the 2025 Biennial Review; higher commodity costs and rider recovery contributed substantially to the increase. Year-to-date revenue rose 22% to $15.116 billion, up $2.703 billion. Year-to-date increases included $1.3 billion in fuel-related revenue, $738 million from non-fuel riders and $466 million from the 2025 Biennial Review, partly offset by a $159 million net decrease associated with Millstone market prices and hedging.

Key facts

• Dominion Energy's third-quarter 2026 revenue increased $60 million from non-fuel base rates following settlement of the 2026 electric base rate case in South Carolina.
• Dominion Energy's third-quarter 2026 operating revenue increased 24%, including a $382 million increase in fuel-related revenue, a $258 million increase from Virginia Power non-fuel riders, and a $184 million increase associated with Virginia Power's 2025 Biennial Review.
• Dominion Energy's year-to-date 2026 operating revenue increased 22%, including a $1.3 billion increase in fuel-related revenue, $738 million from Virginia Power non-fuel riders and $466 million associated with Virginia Power's 2025 Biennial Review.
• Dominion Energy's third-quarter 2026 electric utility retail sales revenue increased $122 million primarily because of more cooling degree days, $21 million due to growth, and $17 million due to economic and other usage factors.
• Dominion Energy recorded $48 million in year-to-date sales of renewable natural gas and related environmental credits.
• Dominion Energy's year-to-date revenue included a $28 million increase attributable to a service contract with a government entity that commenced in late 2025.
• Dominion Energy's year-to-date revenue decreased by $159 million from market prices affecting Millstone, including $201 million of net realized and unrealized losses on freestanding derivatives.
• Dominion Energy's year-to-date revenue decreased $60 million due to severe weather events affecting Virginia Power.