Rising power bills, rising energy demand. SC bets big on new generation. [Yahoo! Finance]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Source: Yahoo! Finance
Before approving nearly $700 million for new South Carolina power plants earlier this month, state lawmakers expressed concerns over how those investments could impact residential power bills. The new power plants from state-owned utility Santee Cooper will help meet exploding demand for energy in South Carolina, CEO Jimmy Staton told lawmakers. But if the demand doesn't increase how state-regulated utilities Santee Cooper, Dominion Energy or Duke Energy expects, there could be a surplus of power generated from new infrastructure, leaving customers all over the state with the costs, said Conor Harrison, a professor studying energy at the University of South Carolina's department of geography. Projecting demand is complicated by incoming data centers, said Tim Johnson, the chair of energy and environment at Duke University. “I think there's a lot of uncertainty, and I think because of that, utilities are in a tough position,” Harrison said. “If they underdo it, then we're in troub
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D
News
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- Dominion Energy (D) Tumbles 3.7% as US Govt Halts Offshore Wind Projects [Yahoo! Finance]Yahoo! Finance
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D
Earnings
- 10/31/25 - Beat
D
Sec Filings
- 12/23/25 - Form 8-K
- 12/12/25 - Form 424B3
- 12/9/25 - Form 4
- D's page on the SEC website