About
Virginia Electric and Power Company, a regulated public utility, generates, transmits, and distributes electricity for sale in Virginia and North Carolina.
It operates in two segments, Dominion Virginia Power (DVP) and Dominion Generation. The DVP segment engages in the regulated electric transmission and distribution operations, including customer service. It has approximately 6,600 miles of electric transmission lines of 69 kilovolt located in the states of North Carolina, Virginia, and West Virginia. This segment serves approximately 2.6 million customers.
The Dominion Generation segment is involved in the generation operations of regulated electric utility, as well as its related energy supply operations. This segment has a total generation capacity of 21,700 megawatts, which include electricity from gas, coal, nuclear, oil, biomass, and renewable sources, as well as power purchase agreements.
Virginia Electric and Power Company serves residential, commercial, industrial, and governmental customers; and wholesale customers, such as rural electric cooperatives and municipalities, as well as wholesale electricity markets.
The company was founded in 1909 and is headquartered in Richmond, Virginia. Virginia Electric and Power Company is a subsidiary of Dominion Resources, Inc.