Exhibit 99.2
Dominion Consolidated1
Unaudited Summary of Operating results
(millions, except per share amounts)
| | | | | | | | | | | | | | | | | | | | |
| | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Operating Revenue | | $ | 15,165 | | | $ | 3,753 | | | $ | 3,950 | | | $ | 3,336 | | | $ | 4,126 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | | | | | | | | | |
Electric fuel and other energy-related purchases | | | 4,150 | | | | 986 | | | | 1,180 | | | | 956 | | | | 1,028 | |
Purchased electric capacity | | | 453 | | | | 120 | | | | 116 | | | | 109 | | | | 108 | |
Purchased gas | | | 2,045 | | | | 500 | | | | 367 | | | | 386 | | | | 792 | |
Other operations and maintenance | | | 3,164 | | | | 983 | | | | 775 | | | | 686 | | | | 720 | |
Depreciation, depletion and amortization | | | 1,055 | | | | 261 | | | | 263 | | | | 262 | | | | 269 | |
Other taxes | | | 521 | | | | 128 | | | | 117 | | | | 119 | | | | 157 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating expenses | | | 11,388 | | | | 2,978 | | | | 2,818 | | | | 2,518 | | | | 3,074 | |
| | | | | | | | | | | | | | | | | | | | |
Income from operations | | | 3,777 | | | | 775 | | | | 1,132 | | | | 818 | | | | 1,052 | |
| | | | | | | | | | | | | | | | | | | | |
Other income | | | 199 | | | | 47 | | | | 56 | | | | 45 | | | | 51 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before interest and income taxes | | | 3,976 | | | | 822 | | | | 1,188 | | | | 863 | | | | 1,103 | |
Interest and related charges | | | 832 | | | | 232 | | | | 229 | | | | 188 | | | | 183 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interest before income taxes | | | 3,144 | | | | 590 | | | | 959 | | | | 675 | | | | 920 | |
Income taxes | | | 1,156 | | | | 219 | | | | 352 | | | | 245 | | | | 340 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests | | | 1,988 | | | | 371 | | | | 607 | | | | 430 | | | | 580 | |
Noncontrolling interests | | | 17 | | | | 5 | | | | 4 | | | | 4 | | | | 4 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings | | $ | 1,971 | | | $ | 366 | | | $ | 603 | | | $ | 426 | | | $ | 576 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Per Share | | $ | 3.34 | | | $ | 0.63 | | | $ | 1.03 | | | $ | 0.72 | | | $ | 0.96 | |
| | | | | | | | | | | | | | | | | | | | |
Items excluded from operating earnings (net of taxes)2 | | | 837 | | | | (68 | ) | | | (28 | ) | | | 1,335 | | | | (402 | ) |
| | | | | | | | | | | | | | | | | | | | |
Reported Earnings | | $ | 2,808 | | | $ | 298 | | | $ | 575 | | | $ | 1,761 | | | $ | 174 | |
| | | | | | | | | | | | | | | | | | | | |
Reported Earnings Per Common Share - Diluted | | $ | 4.76 | | | $ | 0.51 | | | $ | 0.98 | | | $ | 2.98 | | | $ | 0.29 | |
| | | | | | | | | | | | | | | | | | | | |
Average shares outstanding, diluted | | | 590.1 | | | | 582.1 | | | | 586.4 | | | | 591.4 | | | | 600.9 | |
1) | Dominion Consolidated Income Statement reflects the impact of segment eliminations and adjustments. |
2) | For detail on items excluded from operating earnings, visit Dominion’s Investor Relations Web site at www.dom.com/investors under “GAAP Reconciliation”. |
Note: Figures may not add due to rounding
Page 1 of 9
Dominion Virginia Power
Unaudited Summary of Operating results
(millions, except per share amounts)
| | | | | | | | | | | | | | | | | | | | |
| | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Operating Revenue | | $ | 3,820 | | | $ | 1,000 | | | $ | 923 | | | $ | 806 | | | $ | 1,091 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | | | | | | | | | |
Electric fuel and other energy-related purchases | | | 1,045 | | | | 254 | | | | 317 | | | | 244 | | | | 230 | |
Purchased electric capacity | | | 16 | | | | 12 | | | | 4 | | | | — | | | | — | |
Purchased gas | | | 783 | | | | 208 | | | | 88 | | | | 108 | | | | 379 | |
Other operations and maintenance | | | 679 | | | | 192 | | | | 196 | | | | 136 | | | | 155 | |
Depreciation, depletion and amortization | | | 353 | | | | 90 | | | | 89 | | | | 87 | | | | 87 | |
Other taxes | | | 125 | | | | 30 | | | | 33 | | | | 30 | | | | 32 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating expenses | | | 3,001 | | | | 786 | | | | 727 | | | | 605 | | | | 883 | |
| | | | | | | | | | | | | | | | | | | | |
Income from operations | | | 819 | | | | 214 | | | | 196 | | | | 201 | | | | 208 | |
| | | | | | | | | | | | | | | | | | | | |
Other income | | | 72 | | | | 15 | | | | 21 | | | | 18 | | | | 18 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before interest and income taxes | | | 891 | | | | 229 | | | | 217 | | | | 219 | | | | 226 | |
Interest and related charges | | | 158 | | | | 42 | | | | 40 | | | | 37 | | | | 39 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before income taxes | | | 733 | | | | 187 | | | | 177 | | | | 182 | | | | 187 | |
Income taxes | | | 277 | | | | 70 | | | | 68 | | | | 68 | | | | 71 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests | | | 456 | | | | 117 | | | | 109 | | | | 114 | | | | 116 | |
Noncontrolling interests | | | 8 | | | | 2 | | | | 2 | | | | 2 | | | | 2 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Contribution | | $ | 448 | | | $ | 115 | | | $ | 107 | | | $ | 112 | | | $ | 114 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Per Share Contribution | | $ | 0.76 | | | $ | 0.20 | | | $ | 0.18 | | | $ | 0.19 | | | $ | 0.19 | |
| | | | | | | | | | | | | | | | | | | | |
Average shares outstanding, diluted | | | 590.1 | | | | 582.1 | | | | 586.4 | | | | 591.4 | | | | 600.9 | |
Note: Figures may not add due to rounding
Page 2 of 9
Dominion Energy
Unaudited Summary of Operating results
(millions, except per share amounts)
| | | | | | | | | | | | | | | | | | | | |
| | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Operating Revenue | | $ | 3,501 | | | $ | 928 | | | $ | 706 | | | $ | 744 | | | $ | 1,123 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | | | | | | | | | |
Electric fuel and other energy-related purchases | | | 14 | | | | 4 | | | | 3 | | | | 5 | | | | 2 | |
Purchased electric capacity | | | — | | | | — | | | | — | | | | — | | | | — | |
Purchased gas | | | 1,535 | | | | 372 | | | | 313 | | | | 347 | | | | 503 | |
Other operations and maintenance | | | 747 | | | | 245 | | | | 154 | | | | 150 | | | | 198 | |
Depreciation, depletion and amortization | | | 210 | | | | 49 | | | | 47 | | | | 53 | | | | 61 | |
Other taxes | | | 173 | | | | 48 | | | | 34 | | | | 34 | | | | 57 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating expenses | | | 2,679 | | | | 718 | | | | 551 | | | | 589 | | | | 821 | |
| | | | | | | | | | | | | | | | | | | | |
Income from operations | | | 822 | | | | 210 | | | | 155 | | | | 155 | | | | 302 | |
| | | | | | | | | | | | | | | | | | | | |
Other income | | | 40 | | | | 10 | | | | 10 | | | | 9 | | | | 11 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before interest and income taxes | | | 862 | | | | 220 | | | | 165 | | | | 164 | | | | 313 | |
Interest and related charges | | | 85 | | | | 18 | | | | 19 | | | | 21 | | | | 27 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before income taxes | | | 777 | | | | 202 | | | | 146 | | | | 143 | | | | 286 | |
Income taxes | | | 302 | | | | 80 | | | | 54 | | | | 57 | | | | 111 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests | | | 475 | | | | 122 | | | | 92 | | | | 86 | | | | 175 | |
Noncontrolling interests | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Contribution | | $ | 475 | | | $ | 122 | | | $ | 92 | | | $ | 86 | | | $ | 175 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Per Share Contribution | | $ | 0.80 | | | $ | 0.21 | | | $ | 0.16 | | | $ | 0.14 | | | $ | 0.29 | |
| | | | | | | | | | | | | | | | | | | | |
Average shares outstanding, diluted | | | 590.1 | | | | 582.1 | | | | 586.4 | | | | 591.4 | | | | 600.9 | |
Note: Figures may not add due to rounding
Page 3 of 9
Dominion Generation
Unaudited Summary of Operating results
(millions, except per share amounts)
| | | | | | | | | | | | | | | | | | | | |
| | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Operating Revenue | | $ | 8,418 | | | $ | 1,973 | | | $ | 2,426 | | | $ | 1,939 | | | $ | 2,080 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | | | | | | | | | |
Electric fuel and other energy-related purchases | | | 3,308 | | | | 775 | | | | 910 | | | | 767 | | | | 856 | |
Purchased electric capacity | | | 437 | | | | 107 | | | | 114 | | | | 108 | | | | 108 | |
Purchased gas | | | — | | | | — | | | | — | | | | — | | | | — | |
Other operations and maintenance | | | 1,842 | | | | 579 | | | | 436 | | | | 433 | | | | 394 | |
Depreciation, depletion and amortization | | | 462 | | | | 115 | | | | 119 | | | | 115 | | | | 113 | |
Other taxes | | | 188 | | | | 43 | | | | 45 | | | | 48 | | | | 52 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating expenses | | | 6,237 | | | | 1,619 | | | | 1,624 | | | | 1,471 | | | | 1,523 | |
| | | | | | | | | | | | | | | | | | | | |
Income from operations | | | 2,181 | | | | 354 | | | | 802 | | | | 468 | | | | 557 | |
| | | | | | | | | | | | | | | | | | | | |
Other income | | | 75 | | | | 21 | | | | 24 | | | | 15 | | | | 15 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before interest and income taxes | | | 2,256 | | | | 375 | | | | 826 | | | | 483 | | | | 572 | |
Interest and related charges | | | 185 | | | | 49 | | | | 48 | | | | 41 | | | | 47 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before income taxes | | | 2,071 | | | | 326 | | | | 778 | | | | 442 | | | | 525 | |
Income taxes | | | 771 | | | | 120 | | | | 289 | | | | 164 | | | | 198 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests | | | 1,300 | | | | 206 | | | | 489 | | | | 278 | | | | 327 | |
Noncontrolling interests | | | 9 | | | | 3 | | | | 2 | | | | 2 | | | | 2 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Contribution | | $ | 1,291 | | | $ | 203 | | | $ | 487 | | | $ | 276 | | | $ | 325 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings Per Share Contribution | | $ | 2.19 | | | $ | 0.35 | | | $ | 0.83 | | | $ | 0.47 | | | $ | 0.54 | |
| | | | | | | | | | | | | | | | | | | | |
Average shares outstanding, diluted | | | 590.1 | | | | 582.1 | | | | 586.4 | | | | 591.4 | | | | 600.9 | |
Page 4 of 9
Corporate and Other
Unaudited Summary of Operating results
(millions, except per share amounts)
| | | | | | | | | | | | | | | | | | | | |
| | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Operating Revenue | | $ | 737 | | | $ | 177 | | | $ | 166 | | | $ | 164 | | | $ | 230 | |
| | | | | | | | | | | | | | | | | | | | |
Operating Expenses | | | | | | | | | | | | | | | | | | | | |
Electric fuel and other energy-related purchases | | | — | | | | — | | | | — | | | | — | | | | — | |
Purchased electric capacity | | | — | | | | — | | | | — | | | | — | | | | — | |
Purchased gas | | | 6 | | | | 1 | | | | 2 | | | | 1 | | | | 2 | |
Other operations and maintenance | | | 711 | | | | 164 | | | | 173 | | | | 154 | | | | 220 | |
Depreciation, depletion and amortization | | | 30 | | | | 7 | | | | 7 | | | | 8 | | | | 8 | |
Other taxes | | | 35 | | | | 8 | | | | 5 | | | | 6 | | | | 16 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating expenses | | | 782 | | | | 180 | | | | 187 | | | | 169 | | | | 246 | |
| | | | | | | | | | | | | | | | | | | | |
Income (loss) from operations | | | (45 | ) | | | (3 | ) | | | (21 | ) | | | (5 | ) | | | (16 | ) |
| | | | | | | | | | | | | | | | | | | | |
Other income | | | 102 | | | | 19 | | | | 22 | | | | 24 | | | | 37 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before interest and income taxes | | | 57 | | | | 16 | | | | 1 | | | | 19 | | | | 21 | |
Interest and related charges | | | 494 | | | | 141 | | | | 143 | | | | 111 | | | | 99 | |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests before income taxes | | | (437 | ) | | | (125 | ) | | | (142 | ) | | | (92 | ) | | | (78 | ) |
Income taxes | | | (194 | ) | | | (51 | ) | | | (59 | ) | | | (44 | ) | | | (40 | ) |
| | | | | | | | | | | | | | | | | | | | |
Income including noncontrolling interests | | | (243 | ) | | | (74 | ) | | | (83 | ) | | | (48 | ) | | | (38 | ) |
Noncontrolling interests | | | — | | | | — | | | | — | | | | — | | | | — | |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings (Loss) Contribution | | $ | (243 | ) | | | (74 | ) | | | (83 | ) | | | (48 | ) | | $ | (38 | ) |
| | | | | | | | | | | | | | | | | | | | |
Operating Earnings (Loss) Per Share Contribution | | $ | (0.41 | ) | | $ | (0.13 | ) | | $ | (0.14 | ) | | $ | (0.08 | ) | | $ | (0.06 | ) |
| | | | | | | | | | | | | | | | | | | | |
Items excluded from operating earnings (net of taxes)1 | | | 837 | | | | (68 | ) | | | (28 | ) | | | 1,335 | | | | (402 | ) |
| | | | | | | | | | | | | | | | | | | | |
Reported Earnings | | $ | 594 | | | $ | (142 | ) | | $ | (111 | ) | | $ | 1,287 | | | $ | (440 | ) |
| | | | | | | | | | | | | | | | | | | | |
Reported Earnings Per Common Share - Diluted | | $ | 1.01 | | | $ | (0.25 | ) | | $ | (0.19 | ) | | $ | 2.18 | | | $ | (0.73 | ) |
| | | | | | | | | | | | | | | | | | | | |
Average shares outstanding, diluted | | | 590.1 | | | | 582.1 | | | | 586.4 | | | | 591.4 | | | | 600.9 | |
1) | For detail on items excluded from operating earnings, visit Dominion’s Investor Relations Web site at www.dom.com/investors under “GAAP Reconciliation”. |
Note: Figures may not add due to rounding
Page 5 of 9
Dominion
Unaudited Operating Revenue Detail (GAAP Based)
(millions)
| | | | | | | | | | | | | | | | | | | | |
| | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Dominion Consolidated | | | | | | | | | | | | | | | | | | | | |
Operating Revenue | | | | | | | | | | | | | | | | | | | | |
Electric sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | $ | 7,123 | | | $ | 1,635 | | | $ | 2,083 | | | $ | 1,688 | | | $ | 1,717 | |
Nonregulated | | | 3,829 | | | | 972 | | | | 1,072 | | | | 840 | | | | 945 | |
Gas sales: | | | | | | | — | | | | | | | | | | | | | |
Regulated | | | 308 | | | | 99 | | | | 25 | | | | 39 | | | | 145 | |
Nonregulated | | | 2,010 | | | | 508 | | | | 375 | | | | 345 | | | | 782 | |
Gas transportation and storage | | | 1,493 | | | | 423 | | | | 289 | | | | 316 | | | | 465 | |
Other | | | 434 | | | | 109 | | | | 106 | | | | 105 | | | | 114 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating revenue | | $ | 15,197 | | | $ | 3,746 | | | $ | 3,950 | | | $ | 3,333 | | | $ | 4,168 | |
Dominion Virginia Power | | | | | | | | | | | | | | | | | | | | |
Operating Revenue | | | | | | | | | | | | | | | | | | | | |
Electric sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | $ | 1,628 | | | $ | 415 | | | $ | 435 | | | $ | 387 | | | $ | 391 | |
Nonregulated | | | 1,203 | | | | 294 | | | | 356 | | | | 280 | | | | 273 | |
Gas sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | | — | | | | — | | | | — | | | | — | | | | — | |
Nonregulated | | | 830 | | | | 247 | | | | 87 | | | | 104 | | | | 392 | |
Gas transportation and storage | | | 5 | | | | 2 | | | | 1 | | | | — | | | | 2 | |
Other | | | 154 | | | | 42 | | | | 44 | | | | 35 | | | | 33 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating revenue | | $ | 3,820 | | | $ | 1,000 | | | $ | 923 | | | $ | 806 | | | $ | 1,091 | |
Dominion Energy | | | | | | | | | | | | | | | | | | | | |
Operating Revenue | | | | | | | | | | | | | | | | | | | | |
Electric sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | $ | — | | | $ | — | | | $ | — | | | $ | — | | | $ | — | |
Nonregulated | | | — | | | | — | | | | — | | | | — | | | | — | |
Gas sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | | 308 | | | | 99 | | | | 25 | | | | 39 | | | | 145 | |
Nonregulated | | | 1,375 | | | | 327 | | | | 316 | | | | 306 | | | | 426 | |
Gas transportation and storage | | | 1,516 | | | | 428 | | | | 296 | | | | 322 | | | | 470 | |
Other | | | 302 | | | | 74 | | | | 69 | | | | 77 | | | | 82 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating revenue | | $ | 3,501 | | | $ | 928 | | | $ | 706 | | | $ | 744 | | | $ | 1,123 | |
Dominion Generation | | | | | | | | | | | | | | | | | | | | |
Operating Revenue | | | | | | | | | | | | | | | | | | | | |
Electric sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | $ | 5,502 | | | $ | 1,227 | | | $ | 1,648 | | | $ | 1,301 | | | $ | 1,326 | |
Nonregulated | | | 2,852 | | | | 728 | | | | 768 | | | | 621 | | | | 735 | |
Gas sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | | — | | | | — | | | | — | | | | — | | | | — | |
Nonregulated | | | 1 | | | | 4 | | | | (4 | ) | | | 1 | | | | — | |
Gas transportation and storage | | | — | | | | — | | | | — | | | | — | | | | — | |
Other | | | 63 | | | | 14 | | | | 14 | | | | 16 | | | | 19 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating revenue | | $ | 8,418 | | | $ | 1,973 | | | $ | 2,426 | | | $ | 1,939 | | | $ | 2,080 | |
Corporate and Other | | | | | | | | | | | | | | | | | | | | |
Operating Revenue | | | | | | | | | | | | | | | | | | | | |
Electric sales: | | | | | | | | | | | | | | | | | | | | |
Regulated | | $ | (7 | ) | | $ | (7 | ) | | $ | — | | | $ | — | | | $ | — | |
Nonregulated | | | — | | | | — | | | | — | | | | — | | | | — | |
Gas sales: | | | | | | | — | | | | | | | | | | | | | |
Regulated | | | — | | | | — | | | | — | | | | — | | | | — | |
Nonregulated | | | 43 | | | | 1 | | | | 2 | | | | (3 | ) | | | 43 | |
Gas transportation and storage | | | — | | | | — | | | | — | | | | — | | | | — | |
Other | | | 733 | | | | 176 | | | | 164 | | | | 164 | | | | 229 | |
| | | | | | | | | | | | | | | | | | | | |
Total operating revenue | | $ | 769 | | | $ | 170 | | | $ | 166 | | | $ | 161 | | | $ | 272 | |
Notes: Figures may not add due to rounding
Page 6 of 9
| | | | | | | | | | | | | | | | | | | | |
Dominion Operating Statistics | | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Dominion Consolidated | | | | | | | | | | | | | | | | | | | | |
Regulated Electric Sales Revenue ($ millions) | | | | | | | | | | | | | | | | | | | | |
Residential | | $ | 3,277 | | | $ | 713 $ | | | | 981 | | | $ | 724 $ | | | | 859 | |
Commercial | | | 2,209 | | | | 524 | | | | 617 | | | | 568 | | | | 500 | |
Industrial | | | 502 | | | | 121 | | | | 135 | | | | 130 | | | | 116 | |
Governmental | | | 806 | | | | 201 | | | | 237 | | | | 190 | | | | 178 | |
| | | | | | | | | | | | | | | | | | | | |
Regulated retail revenue | | | 6,795 | | | | 1,560 | | | | 1,970 | | | | 1,612 | | | | 1,653 | |
Wholesale - sales for resale | | | 178 | | | | 42 | | | | 52 | | | | 42 | | | | 42 | |
Other revenue | | | 152 | | | | 34 | | | | 61 | | | | 34 | | | | 23 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | $ | 7,123 | | | $ | 1,635 $ | | | | 2,083 | | | $ | 1,688 $ | | | | 1,717 | |
| | | | | | | | | | | | | | | | | | | | |
Dominion Virginia Power | | | | | | | | | | | | | | | | | | | | |
Degree Days (Electric service area) | | | | | | | | | | | | | | | | | | | | |
Cooling | | | | | | | | | | | | | | | | | | | | |
Actual | | | 2,090 | | | | 49 | | | | 1,317 | | | | 724 | | | | — | |
Normal | | | 1,546 | | | | 46 | | | | 1,057 | | | | 436 | | | | 7 | |
Heating | | | | | | | | | | | | | | | | | | | | |
Actual | | | 3,819 | | | | 1,496 | | | | — | | | | 197 | | | | 2,126 | |
Normal | | | 3,638 | | | | 1,317 | | | | 15 | | | | 326 | | | | 1,980 | |
Electric Delivery Customers (at period end) | | | | | | | | | | | | | | | | | | | | |
Residential | | | 2,167,249 | | | | 2,167,249 | | | | 2,159,347 | | | | 2,156,839 | | | | 2,153,659 | |
Commercial | | | 233,325 | | | | 233,325 | | | | 233,054 | | | | 233,124 | | | | 232,845 | |
Industrial | | | 546 | | | | 546 | | | | 553 | | | | 561 | | | | 571 | |
Governmental | | | 31,934 | | | | 31,934 | | | | 31,873 | | | | 31,843 | | | | 31,792 | |
| | | | | | | | | | | | | | | | | | | | |
Total Retail | | | 2,433,054 | | | | 2,433,054 | | | | 2,424,827 | | | | 2,422,367 | | | | 2,418,867 | |
Wholesale - sales for resale | | | 5 | | | | 5 | | | | 5 | | | | 5 | | | | 5 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 2,433,059 | | | | 2,433,059 | | | | 2,424,832 | | | | 2,422,372 | | | | 2,418,872 | |
| | | | | | | | | | | | | | | | | | | | |
Electricity Delivered (GWh) | | | | | | | | | | | | | | | | | | | | |
Residential | | | 32,539 | | | | 7,295 | | | | 9,208 | | | | 6,818 | | | | 9,218 | |
Commercial | | | 29,224 | | | | 6,925 | | | | 8,124 | | | | 7,383 | | | | 6,792 | |
Industrial | | | 8,512 | | | | 2,060 | | | | 2,268 | | | | 2,229 | | | | 1,954 | |
Governmental | | | 10,951 | | | | 2,645 | | | | 2,986 | | | | 2,826 | | | | 2,494 | |
| | | | | | | | | | | | | | | | | | | | |
Total Retail | | | 81,226 | | | | 18,925 | | | | 22,586 | | | | 19,256 | | | | 20,458 | |
Wholesale - sales for resale | | | 3,311 | | | | 840 | | | | 963 | | | | 748 | | | | 760 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 84,537 | | | | 19,765 | | | | 23,549 | | | | 20,004 | | | | 21,218 | |
| | | | | | | | | | | | | | | | | | | | |
Dominion Retail | | | | | | | | | | | | | | | | | | | | |
Unregulated Energy Customer Accounts (Average) | | | | | | | | | | | | | | | | | | | | |
Natural Gas | | | 583,276 | | | | 564,464 | | | | 572,136 | | | | 586,052 | | | | 608,470 | |
Electric | | | 725,207 | | | | 766,304 | | | | 750,003 | | | | 740,850 | | | | 659,462 | |
Products and Services | | | 728,963 | | | | 764,629 | | | | 749,986 | | | | 718,949 | | | | 686,101 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 2,037,446 | | | | 2,095,397 | | | | 2,072,125 | | | | 2,045,850 | | | | 1,954,032 | |
| | | | | | | | | | | | | | | | | | | | |
Volumes Sold | | | | | | | | | | | | | | | | | | | | |
Natural Gas (mmcf) | | | 96,797 | | | | 30,080 | | | | 10,520 | | | | 13,830 | | | | 42,367 | |
Electricity (MWh) | | | 12,979,892 | | | | 3,212,379 | | | | 3,875,625 | | | | 3,000,503 | | | | 2,891,385 | |
Note: Figures may not add due to rounding
Page 7 of 9
| | | | | | | | | | | | | | | | | | | | |
Dominion Operating Statistics | | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Dominion Energy - Gas Distribution | | | | | | | | | | | | | | | | | | | | |
Regulated Gas Revenue ($mm) | | | | | | | | | | | | | | | | | | | | |
Gas sales revenue | | | | | | | | | | | | | | | | | | | | |
Residential | | $ | 265 | | | $ | 85 | | | $ | 22 $ | | | | 34 | | | $ | 124 | |
Commercial | | | 37 | | | | 12 | | | | 3 | | | | 4 | | | | 18 | |
Industrial | | | 3 | | | | 1 | | | | — | | | | 1 | | | | 1 | |
Other | | | 3 | | | | 1 | | | | — | | | | — | | | | 2 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | $ | 308 | | | $ | 98 | | | $ | 25 $ | | | | 39 | | | $ | 145 | |
| | | | | | | | | | | | | | | | | | | | |
Regulated Gas Transportation and Storage Revenue ($mm) | | | | | | | | | | | | | | | | | | | | |
Gas transportation revenue | | | | | | | | | | | | | | | | | | | | |
Residential | | $ | 422 | | | $ | 135 | | | $ | 65 $ | | | | 82 | | | $ | 140 | |
Commercial | | | 141 | | | | 53 | | | | 15 | | | | 21 | | | | 52 | |
Industrial | | | 53 | | | | 15 | | | | 10 | | | | 12 | | | | 16 | |
Other | | | 2 | | | | 1 | | | | — | | | | — | | | | 1 | |
| | | | | | | | | | | | | | | | | | | | |
Total transportation revenue | | | 619 | | | | 204 | | | | 91 | | | | 115 | | | | 209 | |
| | | | | | | | | | | | | | | | | | | | |
Storage revenue | | | 15 | | | | 5 | | | | 4 | | | | 4 | | | | 2 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | $ | 633 | | | $ | 209 | | | $ | 95 $ | | | | 119 | | | $ | 211 | |
| | | | | | | | | | | | | | | | | | | | |
Degree Days | | | | | | | | | | | | | | | | | | | | |
Heating | | | | | | | | | | | | | | | | | | | | |
Actual | | | 5,682 | | | | 2,221 | | | | 78 | | | | 436 | | | | 2,947 | |
Normal | | | 5,734 | | | | 2,017 | | | | 112 | | | | 721 | | | | 2,884 | |
LDC Natural Gas Customers (Average) | | | | | | | | | | | | | | | | | | | | |
Gas sales customers | | | | | | | | | | | | | | | | | | | | |
Residential | | | 248,932 | | | | 250,212 | | | | 245,742 | | | | 246,853 | | | | 250,892 | |
Commercial | | | 10,550 | | | | 11,189 | | | | 10,016 | | | | 9,841 | | | | 10,755 | |
Industrial | | | 29 | | | | 30 | | | | 25 | | | | 24 | | | | 34 | |
Other | | | 23 | | | | 23 | | | | 23 | | | | 24 | | | | 24 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 259,534 | | | | 261,454 | | | | 255,806 | | | | 256,742 | | | | 261,705 | |
| | | | | | | | | | | | | | | | | | | | |
Gas transportation customers | | | | | | | | | | | | | | | | | | | | |
Residential | | | 960,375 | | | | 952,929 | | | | 948,390 | | | | 966,109 | | | | 972,611 | |
Commercial | | | 79,687 | | | | 79,892 | | | | 78,658 | | | | 79,784 | | | | 80,393 | |
Industrial | | | 1,571 | | | | 1,573 | | | | 1,569 | | | | 1,571 | | | | 1,574 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 1,041,633 | | | | 1,034,394 | | | | 1,028,617 | | | | 1,047,464 | | | | 1,054,578 | |
| | | | | | | | | | | | | | | | | | | | |
Total LDC natural gas customers | | | | | | | | | | | | | | | | | | | | |
Residential | | | 1,209,307 | | | | 1,203,141 | | | | 1,194,132 | | | | 1,212,962 | | | | 1,223,503 | |
Commercial | | | 90,237 | | | | 91,081 | | | | 88,674 | | | | 89,625 | | | | 91,148 | |
Industrial | | | 1,600 | | | | 1,603 | | | | 1,594 | | | | 1,595 | | | | 1,608 | |
Other | | | 23 | | | | 23 | | | | 23 | | | | 24 | | | | 24 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 1,301,167 | | | | 1,295,848 | | | | 1,284,423 | | | | 1,304,206 | | | | 1,316,283 | |
| | | | | | | | | | | | | | | | | | | | |
LDC Natural Gas Delivery (mmcf) | | | | | | | | | | | | | | | | | | | | |
Gas sales volume | | | | | | | | | | | | | | | | | | | | |
Residential | | | 25,754 | | | | 8,963 | | | | 1,328 | | | | 2,730 | | | | 12,733 | |
Commercial | | | 4,211 | | | | 1,437 | | | | 288 | | | | 398 | | | | 2,089 | |
Industrial | | | 416 | | | | 118 | | | | 51 | | | | 82 | | | | 165 | |
Other | | | 480 | | | | 122 | | | | 8 | | | | 41 | | | | 309 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 30,861 | | | | 10,640 | | | | 1,675 | | | | 3,251 | | | | 15,296 | |
| | | | | | | | | | | | | | | | | | | | |
Gas transportation volume | | | | | | | | | | | | | | | | | | | | |
Residential | | | 92,571 | | | | 30,996 | | | | 5,407 | | | | 10,070 | | | | 46,098 | |
Commercial | | | 49,962 | | | | 16,372 | | | | 3,932 | | | | 5,912 | | | | 23,745 | |
Industrial | | | 93,689 | | | | 24,286 | | | | 21,366 | | | | 21,264 | | | | 26,773 | |
Other | | | 4,394 | | | | 1,210 | | | | 827 | | | | 24 | | | | 2,333 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 240,616 | | | | 72,864 | | | | 31,532 | | | | 37,270 | | | | 98,949 | |
| | | | | | | | | | | | | | | | | | | | |
Total LDC natural gas throughput | | | | | | | | | | | | | | | | | | | | |
Residential | | | 118,325 | | | | 39,959 | | | | 6,735 | | | | 12,800 | | | | 58,831 | |
Commercial | | | 54,173 | | | | 17,809 | | | | 4,220 | | | | 6,310 | | | | 25,834 | |
Industrial | | | 94,105 | | | | 24,404 | | | | 21,417 | | | | 21,346 | | | | 26,938 | |
Other | | | 4,874 | | | | 1,332 | | | | 835 | | | | 65 | | | | 2,642 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 271,477 | | | | 83,504 | | | | 33,207 | | | | 40,521 | | | | 114,245 | |
| | | | | | | | | | | | | | | | | | | | |
Dominion Energy - Gas Transmission | | | | | | | | | | | | | | | | | | | | |
Natural Gas Liquids sales (million gallons) | | | 163.1 | | | | 41.2 | | | | 39.5 | | | | 43.9 | | | | 38.4 | |
Average Realized NGL Price with Hedging ($/gal) | | $ | 1.38 | | | $ | 1.42 | | | $ | 1.32 | | | $ | 1.34 | | | $ | 1.43 | |
Gas Shrinkage Cost ($mm) | | $ | 72.6 | | | $ | 16.7 | | | $ | 17.6 | | | $ | 16.8 | | | $ | 21.5 | |
Note: Figures may not add due to rounding
Page 8 of 9
| | | | | | | | | | | | | | | | | | | | |
Dominion Operating Statistics | | Year ended 12/31/10 | | | Quarter ended 12/31/10 | | | Quarter ended 09/30/10 | | | Quarter ended 06/30/10 | | | Quarter ended 03/31/10 | |
Dominion Generation | | | | | | | | | | | | | | | | | | | | |
Regulated Generation | | | | | | | | | | | | | | | | | | | | |
Electricity Sold (GWh) to VP/NCP customers | | | | | | | | | | | | | | | | | | | | |
Residential | | | 32,539 | | | | 7,295 | | | | 9,208 | | | | 6,818 | | | | 9,218 | |
Commercial | | | 29,224 | | | | 6,925 | | | | 8,124 | | | | 7,383 | | | | 6,792 | |
Industrial | | | 8,512 | | | | 2,060 | | | | 2,268 | | | | 2,229 | | | | 1,954 | |
Governmental | | | 10,951 | | | | 2,645 | | | | 2,986 | | | | 2,826 | | | | 2,494 | |
| | | | | | | | | | | | | | | | | | | | |
Total Retail | | | 81,226 | | | | 18,925 | | | | 22,586 | | | | 19,256 | | | | 20,458 | |
Wholesale - sales for resale | | | 3,311 | | | | 840 | | | | 963 | | | | 748 | | | | 760 | |
| | | | | | | | | | | | | | | | | | | | |
Total | | | 84,537 | | | | 19,765 | | | | 23,549 | | | | 20,004 | | | | 21,218 | |
| | | | | | | | | | | | | | | | | | | | |
Merchant Generation | | | | | | | | | | | | | | | | | | | | |
NEPOOL Merchant Fleet1 | | | | | | | | | | | | | | | | | | | | |
Baseload Electric Sales (GWh) | | | 24,033 | | | | 5,914 | | | | 6,436 | | | | 5,138 | | | | 6,544 | |
Other Electric Sales (GWh) | | | 1,986 | | | | 512 | | | | 548 | | | | 524 | | | | 402 | |
| | | | | | | | | | | | | | | | | | | | |
Total Electric Sales (GWh) | | | 26,019 | | | | 6,426 | | | | 6,984 | | | | 5,662 | | | | 6,946 | |
| | | | | | | | | | | | | | | | | | | | |
PJM Merchant Fleet 2 | | | | | | | | | | | | | | | | | | | | |
Baseload Electric Sales (GWh) | | | 3,356 | | | | 804 | | | | 927 | | | | 732 | | | | 893 | |
Other Electric Sales (GWh) | | | 5,549 | | | | 1,359 | | | | 1,684 | | | | 1,161 | | | | 1,345 | |
| | | | | | | | | | | | | | | | | | | | |
Total Electric Sales (GWh) | | | 8,905 | | | | 2,163 | | | | 2,611 | | | | 1,893 | | | | 2,238 | |
| | | | | | | | | | | | | | | | | | | | |
1) | Baseload Electric Sales include Millstone and the coal units at Brayton Point and Salem Harbor. Other Electric Sales include Manchester generating station and the oil units at Brayton Point and Salem Habor. |
2) | Baseload Electric Sales include the State Line generating station. Other Electric Sales includes the Fairless generating station. |
Note: Figures may not add due to rounding
Page 9 of 9