D · 10-Q · 2026Q3 · Full report

Impairment Charges

DOMINION ENERGY, INC · 2026-10-30 · Importance 46 · Surprise 42 · In source text

Dominion Energy’s year-to-date impairment of assets and other charges increased $652 million. The increase primarily included an $820 million charge for nonregulated renewable natural gas facilities and $79 million of charges for certain nonregulated solar generation facilities, plus a $23 million disallowance of strategic undergrounding costs. These charges were partly offset by a $195 million benefit from revising Millstone Unit 1 asset retirement obligations and a $95 million decrease in net charges for CVOW Commercial Project costs not expected to be recovered from customers. The impairment line decreased 85% in the third quarter, primarily because the prior-year charge for unrecoverable costs on 100% of the CVOW Commercial Project did not recur.

Key facts

• Dominion Energy's year-to-date 2026 impairment of assets and other charges increased $652 million, including charges of $820 million for nonregulated renewable natural gas facilities and $79 million for certain nonregulated solar generation facilities.
• Dominion Energy's year-to-date impairment and other charges included a $195 million benefit from revising AROs for Millstone Unit 1 and a $95 million decrease in net charges for CVOW Commercial Project costs not expected to be recovered from customers.
• Dominion Energy's year-to-date impairment and other charges included a $23 million disallowance of certain strategic undergrounding costs.

Impact estimates