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Q3 2025 earnings call October 31, 2025
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Important note for investors 2 This presentation contains certain forward -looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding Dominion Energy. The statements relate to, among other things, expectations, estimates and projections concerning the business and operations of Dominion Energy. We have used the words “path”, "anticipa te", "believe", "could", "estimate", "expect", "intend", "may", "plan", “outlook”, "predict", "project", “should”, “strategy”, “target”, "will“, “potential” and similar terms and phrases to identify forward -looking statements in this presentation. Such forward -looking statements, including operating earnings per share information and guidance, projected dividends, projected debt and equity issuances, projected cash flow, capital expenditures, operating expe nses and debt information, shareholder return, and long -term growth or value, are subject to various risks and uncertainties. As outlined in our SEC filings, factors that could cause actual results to differ include, but are not lim ited to: unusual weather conditions and their effect on energy sales to customers and energy commodity prices; extreme weather events and other natural disasters; extraordinary external events, such as the pandemic health event resultin g from COVID-19; federal, state and local legislative and regulatory developments; changes in or interpretations of federal and state tax laws and regulations; changes to regulated rates collected by Dominion Energy; risks associated with entities in which Dominion Energy shares ownership with third parties, such as a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) Commercial Project, including risks that result from lac k of sole decision making authority, disputes that may arise between Dominion Energy and third party participants and difficulties in exiting these arrangements; timing and receipt of regulatory approvals necessary for planned construction or expansion projects and compliance with conditions associated with such regulatory approvals; the inability to complete planned construction projects within time frames initially anticipated; risks and uncertainties tha t may impact the ability to construct the CVOW Commercial Project within the currently proposed timeline, or at all, and consistent with current cost estimates along with the ability to recover such costs from customers; risks and uncert ainties associated with the timely receipt of future capital contributions, including optional capital contributions, if any, from the noncontrolling financing partner associated with the construction of the CVOW Commercial Project; changes to federal, state, and local environmental laws and regulations, including those related to climate change; cost of environmental strategy and compliance, including cost related to climate change; changes in implementation and enforc ement practices of regulators relating to environmental standards and litigation exposure for remedial activities; changes in operating, maintenance and construction costs; the availability of nuclear fuel, natural gas, purchase d power or other materials utilized by Dominion Energy to provide electric generation, transmission and distribution and/or gas distribution services; additional competition in Dominion Energy’s industries; changes in demand for Dominion Energy’s services; risks and uncertainties associated with increased energy demand or significant accelerated growth in demand due to new data centers, including the concentration of data centers primarily in Loudoun County , Va., and the ability to obtain regulatory approvals, environmental and other permits to construct new facilities in a timely manner; the technological and economic feasibility of large -scale battery storage, carbon capture and sto rage, small modular reactors, hydrogen and/or other clean energy technologies; receipt of approvals for, and timing of, closing dates for acquisitions and divestitures; impacts of acquisitions, divestitures, transfers of assets by Dom inion Energy to joint ventures, and retirements of assets based on asset portfolio reviews; adverse outcomes in litigation matters or regulatory proceedings; fluctuations in interest rates; changes in rating agency requirements or credit ratings and their effect on availability and cost of capital; and capital market conditions, including the availability of credit and the ability to obtain financing on reasonable terms; political and economic conditions, including tariffs, inflation and deflation. Other risk factors are detailed from time to time in Dominion Energy’s quarterly reports on Form 10-Q and most recent annual report on Form 10 -K filed with the U.S. Securities and Exchange Commission. The information in this presentation was prepared as of October 31, 2025. Dominion Energy undertakes no obligation to update any forward-looking information statement to reflect developments after the statement is made. Projections or forecasts shown in this document are based on the assumptions listed in this document and are subject to chang e at any time. This presentation shall not constitute an offer to sell or the solicitation of an offer to buy securities. Any offers to sell or solicitations of offers to buy securities will be made in accordance with the requirements of the Securities Act of 1933, as amended. This presentation has been prepared primarily for security analysts and investors in the hope that it will serve as a convenient and useful reference document. The format of this document may change in the future as we continue to try to meet the needs of security analysts and investors. This document is not intended for use in connection with any sale, offer to sell or solicitation of any offer to buy securities. This presentation includes certain financial measures that have not been prepared in accordance with U.S. generally accepted accounting principles (GAAP). A listing of such non-GAAP measures with their GAAP equivalents are as follows: Operating earnings per share (non -GAAP) which has a GAAP equivalent of reported net income per share. Reconciliations of such non -GAAP measures to their GAAP equivalents have been made available to the extent possible in the Third Quarter 2025 Earnings Release Kit on our investor relations website. With regards to projections, estimates or guidance included in this presentation related to such non -GAAP measures, reconciliations of such projected or esti mated non-GAAP measures to applicable GAAP measures are not provided, because the company cannot, without unreasonable effort, estimate or predict with certainty various components of net income. Please continue to regularly check Dominion Energy’s website at http://investors.dominionenergy.com/.
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3 ¹ See Third Quarter 2025 Earnings Release Kit for supporting information and a reconciliation to GAAP 2 Includes ~10 cents/share of RNG 45Z income 3 Dividend declarations are subject to customary Board approval Metric Amount Commentary Q3 2025: Actual ($ per share)¹ $1.06 Reflects $0.03 of RNG 45Z income and $0.06 of unfavorable weather impact 2025 guidance midpoint ($ per share) $3.40² No change Despite $0.02 YTD weather headwind, expect to be at or above midpoint assuming normal weather for remainder of year 2025 guidance ($ per share) $3.33—$3.48² Narrowed range (previously $3.28—$3.52) Long-term operating EPS growth rate 5%—7% off 2025 operating EPS excluding RNG 45Z income ($3.30) No change 2025 dividend ($ per share)3 $2.67 No change 2025—2029 capital investment plan ~$50B To be updated on Q4 call Operating earnings per share (non-GAAP) and long-term financial guidance Reaffirmed all earnings, credit and dividend guidance from Q4 2024 update Dominion Energy Financial results and guidance (updated)
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4 ¹ Excludes short-term debt activities; figures may not sum due to rounding ² Excludes dividend reinvestment issuance range of ~$ 0.2B ³ Issued under forward settlement sales under existing ATM program Dominion Energy Capital raising activities (updated) Common equity activities ($B)² 2025 expected fixed income activities ($B)¹ Guidance (no change) Issued YTD (updated)³ Remaining 2025 At-the-market (ATM) $1.0 $1.0 — 2026 — 2027 At-the-market (ATM) $1.2 $1.3 — Guidance (no change) Issued YTD (updated) Remaining Dominion Energy Virginia $2.0—$2.5 $3.0 — Dominion Energy South Carolina 0.5 0.5 — Contracted Energy — — — DEI hybrid 1.0—2.0 2.8 — DEI other fixed income 2.0—3.0 2.5 — Consolidated $5.5—$8.0 $8.7 — Will look to opportunistically de-risk financings during remainder of 2025
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¹ Number of recordables per 100 employees each work year; data is pro forma for SCANA ² 2025 YTD through September ³ Average per Bureau of Labor Statistics 2023 industry data for electric power generation, transmission, and distribution (NAICS code 2211) OSHA recordable incident rate¹ 5 Dominion Energy Employee safety 0.96 0.52 0.45 0.42 0.28 1.70 2006-2021 average 2022 2023 2024 2025 YTD² Industry average³ 84% below average
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Coastal Virginia Offshore Wind (CVOW) CVOW well-aligned with focus on American energy dominance 6 ▪ The Coastal Virginia Offshore Wind project: ✓ Remains on schedule for first delivery of electricity to customers (Q1 2026) and full project completion at the end of 2026 ✓ Represents the fastest and most economical way to deliver nearly 3GW to Virginia's grid to support America’s AI and cyber, shipbuilding, and military preeminence ✓ Key to ensuring critical defense infrastructure improvements at Oceana Naval Air Station in Virginia ✓ Has the robust bipartisan support of Virginia’s government and congressional leaders ✓ Has strong support from local communities, military interests, the commercial marine industry, as well as civic, educational, environmental, labor and community partners ✓ Has created ~2,000 direct and indirect American jobs and generated ~$2B in American economic activity ✓ Is fully state and federally permitted ✓ Plays a critical part of a comprehensive “all of the above” energy strategy
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DW export cable Monopiles Onshore Offshore substations Transition pieces Interarray cable Turbine towers 7 Note: Awaiting installation includes components that are completely fabricated and awaiting transport or en route presently to Virginia Coastal Virginia Offshore Wind (CVOW) Significant progress reduces project risk: ~66% complete (updated) Major equipment progress % installed Project scope: 176 monopiles Installed: 176 ~96% % fabricated ~90% Project scope: 9 deepwater cables Installed: 9 Project scope: 176 TPs Installed: 63 Awaiting install: 96 Completed final assembly: 176 % installed or awaiting installation ~88% 100% All activities remain on track % installed 100% Project scope: 3 OSS OSS #1: Installed on March 10th OSS #2: Jacket installed; topside shortly OSS #3: Expected to be installed Q1 2026 % fabricated ~95% Project scope: 260 miles Installed: 48 % towers fabricated or in fabrication ~62% Project scope: 176 WTG Towers: 87 fabricated; 25 received at PMT Nacelles: 108 fabricated; 21 received at PMT Blade sets: 33 fabricated; 21 received at PMT Expected completion: Early 2026 Expected final delivery: YE 2025 Expected final delivery: YE 2025 Installation complete Installation complete % installed
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8 Transition piece (October 2025) Second offshore substation jacket installation (October 2025) Coastal Virginia Offshore Wind (CVOW) Achieving major construction milestones
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9 Component staging at Portsmouth Marine Terminal (October 2025) Coastal Virginia Offshore Wind (CVOW) Achieving major construction milestones
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Coastal Virginia Offshore Wind (CVOW) Selected updates (updated) 10 Costs ▪ Current capital budget: $11.2B (includes $443M of actual/estimated tariffs) including contingency (updated) ▪ Excluding tariff impacts, there have been no changes to project costs as compared to last quarter ▪ Project-to-date investment (as of 9/30/2025): ~$8.2B ▪ Remaining project costs: ~$3.0B ▪ % to be funded by Stonepeak via non-controlling equity financing: 50% ▪ Remaining amount to be funded by Dominion Energy: ~$1.5B ▪ Current unused contingency (updated): ▪ $206M (~7% of remaining project costs) as compared to $222M last quarter ▪ Cost-sharing settlement (no change): ▪ 50% of incurred project cost up to $11.3B deemed recoverable from customers (subject to prudency determination) ▪ Current unfixed costs (updated): ▪ Certain project oversight costs and fuel for transport/installation ▪ Changes to tariffs and network upgrades, if any ▪ PJM estimate of network upgrade costs revised modestly down; we expect agreement by year-end and no further material changes Timing ▪ First delivery of electricity: Q1 2026 (no change) ▪ Full project completion: End of 2026 (no change)
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Coastal Virginia Offshore Wind (CVOW) Tariff impacts (updated) 11 ▪ Current tariff rates (as of October 31, 2025) ― Mexico: 30% and Canada: 35% (no stacking of tariff if already subject to steel tariff) ― Steel: 50% (material value only) ― European Union: 15% (no stacking on portion of costs subject to steel tariff) Overview ¹ Represents actual to date plus forecast project cost impact from offshore and direct onshore categories if current tariff rates and policy is extended through the illustrative timeframes indicated in the table 2 Accounting for VA SCC settlement and Stonepeak partnership 3 LCOE represents 2027 dollars and includes REC value of $17/MWh, after accounting for cost sharing 4 Represents estimated project lifetime average monthly bill attributable to CVOW for a typical residential customer using 1,000 kWh per month, after accounting for cost sharing 5 Reflects 15% baseline universal tariff to Europe and other applicable countries 6 Third quarter reported earnings reflect the project budget increase for Mexico, Canada and European Union through 12/31/25 & steel through 12/31/26 7 Assumes Stonepeak funds capital at 33% level above $11.3B Impact to project costs at 100% ownership As filed 8/1 Actuals Illustrative impacts Timeframe Through 9/30/25 Through 9/30/25 As filed 10/31/256 Through 12/31/267 Impact of tariffs ($M)¹: Mexico + Canada $7 $7 $13 $34 (+) Impact of tariffs ($M)¹: Steel 99 117 191 191 (+) Impact of tariffs ($M)¹: European Union5 87 15 239 465 (=) Impact of tariffs ($M)¹: Total $193 $139 $443 $690 Amount borne by D ($M)2 $48 $35 $111 $218 Total project cost ($B) (including contingency) $10.9 $10.9 $11.2 $11.4 Est. LCOE including REC ($/MWh)3 $63 $63 $84 $85 Est. net res. bill impact attributable to CVOW4 ($0.94) ($0.94) ($0.63) ($0.59) = Updated project cost included in SCC filing
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12 ¹ In 2027 dollars 2 Over project estimated lifetime for a typical residential customer bill using 1,000 kWh per month 3 Third quarter reported earnings reflect the project budget increase for Mexico, Canada and European Union through 12/31/25 & steel through 12/31/26 Original filing (Nov 2021) Prior update (Aug 2025) Current³ (Oct 2025) LCOE excluding REC ($/MWh)¹ $97 $91 $101 REC ($/MWh) $10 $28 $17 LCOE including REC ($/MWh)¹ $80—$90 $63 $84 ▪ LCOE (updated): $84/MWh¹ compared to initial filing submission of $80 to $90/MWh¹ ▪ Legislative prudency cap (no change): $125/MWh (in 2018 dollars); $149/MWh (in 2027 dollars) Coastal Virginia Offshore Wind (CVOW) Robust cost sharing mechanisms protect customers, preserve affordability (updated) Monthly Description Original filing (Nov 2021) Prior update (Aug 2025) Current³ (Oct 2025) Costs to customers Revenue requirement (net of tax credits) $9.19 $8.42 $8.03 (-) benefits/credits to customers Includes project energy, capacity, and REC value ($4.47) ($9.36) ($8.66) Residential customer bill Net bill impact $4.72 ($0.94) ($0.63) Levelized cost of electricity (LCOE) Estimated project lifetime average monthly bill for typical residential customer bill attributable to CVOW2 ▪ December 2022 comprehensive settlement, approved by State Corporation Commission, provides significant customer protections ✓ 50% of project costs between $10.3B and $11.3B are unrecoverable from customers and borne by project owners (no change)
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13 Charybdis (Jones Act compliant installation vessel) Status and next steps detail (updated) Milestones: ✓ Successfully completed sea trials, received sign-offs and arrived in Portsmouth, Virginia in September ✓ Siemens Gamesa successfully completed all necessary modifications for turbine handling and installation ▪ Identified “punch list” items that require remediation prior to turbine load out and installation ▪ While all major systems are operational, there are a variety of quality-assurance items that require addressing, and those tasks are currently underway Timeline: ▪ Vessel is expected to be cleared to load and install turbines in November ▪ No time of year or time of day restrictions on installing turbines Cost: ▪ Project costs (including financing) continue to be approximately $715 million Charybdis in Virginia Selected project updates
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Dominion Energy Virginia Data center contracted capacity (updated) 14 December 2024 September 2025 Substation Engineering Letter of Authorization (SELOA) ▪ Detailed engineering plan ▪ Costs reimbursed to Dominion Energy ~40.2 GW ~47.1 GW Construction Letter of Authorization (CLOA) ▪ Authorizes construction ▪ Customer must reimburse Dominion Energy for all spent costs should they walk away Electric Service Agreement (ESA) ▪ Defines how the customer will take service and structure to recover costs ▪ Includes revenue requirement whether customer takes service or not ESA: 8.8 GW CLOA: 5.2 GW SELOA: 26.2 GW ESA: 9.8 GW CLOA: 9.0 GW SELOA: 28.2 GW vs. December 2024 data center contracted capacity~7GW/17%
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15 DEV ✓ Filed post hearing briefs in 2025 VA Biennial review in October ▪ SCC final order expected by the end of November 2025 ✓ Submitted transmission project proposals in PJM’s latest open window in August ▪ Final PJM project selections expected in Q1 2026; expect this open window to reflect robust need for new transmission across the region ✓ Filed post hearing briefs in Chesterfield Energy Reliability Center in October ▪ If approved, ~1 GW gas-fired electric generating facility expected to cost ~$1.5B and be placed in service in 2029 ▪ SCC final order expected in December 2025 ✓ Filed CE-6 application in October ▪ ~845 MW of utility-scale solar and ~155 MW of storage projects with $2.9B of new investment ✓ Filed 2025 VA Integrated Resource Plan Update in October ▪ Presented generation build portfolios with additional resource capacity representative of our “all of the above” approach to support continued robust load growth Dominion Energy Selected business updates
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Affordability Typical residential electric customer bills (updated) 16 Current rate (cents per kWh)¹ Projected customer bill CAGR² ¹ Current DEV and DESC rates as of October 2025; current US average rate per EIA August 2025 estimates, table 5.6.A. (https:/ /www.eia.gov/electricity/monthly/current_month/october2025.pdf) ² Sources: DEV 2025 IRP (Company Preferred Plan); DESC 2025 IRP (2025 Reference Build Plan); September 2025 CPI for electricity (https://www .bls.gov/news.release/archives/cpi_10242025.htm) 17.6 16.0 15.7 US Avg. Dominion Energy Virginia Dominion Energy South Carolina (11%)(9%) 5.1% 2.6% 2.8% CPI: Electricity LTM Sept. 2025 Dominion Energy Virginia Dominion Energy South Carolina CAGR 2025—2045 CAGR 2025—2039
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17 ✓ Ongoing emphasis on key priorities ✓ Consistently achieving our financial commitments; strong YTD 2025 ✓ Continued on-time achievement of major construction milestones for the Coastal Virginia Offshore Wind project ✓ Achieving constructive regulatory outcomes that demonstrate our ability to work cooperatively with regulators and stakeholders to deliver results that benefit both customers and shareholders ✓ Continue to see opportunities for investment in support of our customers ✓ 100% focused on execution Dominion Energy Summary
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Appendix 18
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Operating earnings per share FY 2025 guidance 19 ¹ See Third Quarter 2025 Earnings Release Kit for supporting information and a reconciliation to GAAP YTD Q3 2025¹ Q4 2025 2025 guidance $2.74 $0.59 $0.74 $0.66 midpoint $3.33 $3.48 $3.40 midpoint Q4 2025 (YoY key drivers) ▲ Sales ▲ Regulated investment ▲ No Millstone refueling outage ▼ DD&A ▼ Financing costs/share dilution ▼ Contracted Energy margins ▼ Nuclear PTC ▼ Electric capacity ▼ Tax/O&M timing Despite $0.02 YTD weather headwind, expect to be at or above midpoint assuming normal weather for remainder of year ▪ Q4 2025 outlook relative to prior expectations: Sales Charybdis timing Millstone 10-day outage in October (completed) Tax/O&M timing YTD weather Q4 outlook and commentaryFY 2025 guidance and Q4 key drivers compared to the prior year
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2.1% 3.3% 2024 LTM Q3 '25 Regulated electric sales growth DEV and DESC combined 20 ¹ LTM refers to the timeframe of the immediately preceding 12 months as noted ² DEV and DESC combined, excluding DESC lost wh olesale customer ³ 2025 YTD through September 1.5% 6.8% -0.6% -2.0% 3.3% Residential Commercial Industrial Govt/Other Total LTM¹ Q3 ’25 YoY weather normal sales growth² Annual & LTM¹ weather normal sales growth² 1.0% 1.3% DEV DESC YTD YoY electric customer growth³ ✓ Robust commercial load growth driven by Data Centers ✓ Attractive customer growth across our Virginia and South Carolina service areas ✓ Industrial load accounts for <10% of regulated sales Regulated electric sales trends % of regulated sales 33% 47% 9% 11%
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DE Virginia 2.8M 68% DE South Carolina 1.3M 32% Three months ended September 30 ‘23-’25 CAGR Average customers Q3 2025 (M) DE Virginia 1.0% 2.8 DE South Carolina 2.1% 1.3 Electric 1.6% 0.8 Gas 3.1% 0.5 Total utility customers 1.3% 4.1 4.1M State utility customers Customers State-regulated utilities 21 Segment summary Q3 2025 State summary Note: Customer growth calculation methodology reflects average customers in the quarter; figures may not sum due to rounding
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Weather Degree days 22 Note: Figures may not sum due to rounding Quarter ended 9/30 Nine months ended 9/30 2025 2024 2025 2024 Actual 0 0 2,118 1,838 Normal 6 7 2,149 2,207 Actual 1,066 1,205 1,698 1,857 Normal 1,227 1,201 1,802 1,751 Actual 0 0 853 640 Normal 0 0 767 793 Actual 498 569 767 850 Normal 602 595 854 843 Actual 0 0 853 640 Normal 0 0 767 793 Electric Dominion Energy South Carolina Gas Heating Cooling Dominion Energy Virginia Dominion Energy South Carolina Heating Cooling Heating
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$13 $4 ($34) — ($17) 15 6 (14) — 7 $28 $10 ($48) — ($10) $54 ($12) ($40) — $2 20 (3) (10) — 7 $74 ($15) ($50) — $9 Dominion Energy Virginia2 Dominion Energy South Carolina3 ¹ The effects on earnings from differences in weather compared to normal and compared to prior periods are measured using bas e rate revenue. This schedule does not reflect the O&M expenditures for restoring service associated with outages caused by major storms 2 Dominion Energy Virginia electric utility operations 3 Dominion Energy South Carolina electric and gas utility operations. Figures may not sum due to rounding Total Q1 Versus normal¹Versus prior year¹ Q2 Q3 Q4 2025 YTD Q1 Q2 Q3 Q4 2025 YTD 23 Dominion Energy Virginia2 Dominion Energy South Carolina3 Total Weather After-tax impacts ($M)
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24 Dominion Energy, Inc. Moody’s S&P Fitch Corporate/Issuer Baa2 BBB+ BBB+ Senior Unsecured Debt Securities Baa2 BBB BBB+ Junior Subordinated Notes Baa3 BBB- BBB- Preferred Stock Ba1 BBB- BBB- Short-Term/Commercial Paper P-2 A-2 F2 Outlook Negative Stable Stable VEPCO Moody’s S&P Fitch Corporate/Issuer A3 BBB+ A- Senior Unsecured Debt Securities A3 BBB+ A Short-Term/Commercial Paper P-2 A-2 F2 Outlook Stable Stable Stable DESC Moody’s S&P Fitch Corporate/Issuer Baa1 BBB+ A- First Mortgage Bonds A2 A A+ Short-Term/Commercial Paper P-2 A-2 F2 Outlook Stable Stable Stable Fixed income Credit ratings as of September 30, 2025
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Segment Financing Entity Description Maturity Weighted Avg. Coupon Current portion Long-term DE Virginia VEPCO Unsecured Senior Notes, fixed rates 2026-2055 4.53% $750 $20,635 DE Virginia VEPCO Tax-Exempt Financings, fixed rates 2032-2041 3.52% - 625 DE Virginia VPFS Senior Secured Deferred Fuel Cost Bonds, fixed rates 2029-2033 4.93% 167 969 DE SC DESC First Mortgage Bonds, fixed rates 2028-2065 5.24% - 4,584 DE SC DESC Tax-Exempt Financing, variable rate 2038 2.95% - 35 DE SC DESC Tax-Exempt Financings, fixed rates 2028-2033 3.90% - 54 DE SC DESC Other Long-term Debt, fixed rates 2027-2069 3.56% - 1 DE SC GENCO Tax-Exempt Financing, variable rate 2038 2.95% - 33 Corp & Other DEI Unsecured Senior Notes, fixed rates¹ 2025-2052 4.34% 1,713 11,563 Corp & Other DEI Unsecured Junior Subordinated Notes: Corp & Other DEI Payable to Affiliated Trust, fixed rate 2031 8.40% - 10 Corp & Other DEI Junior Subordinated Notes, fixed rates 2054-2056 6.59% - 4,775 Total Principal Amount² $2,630 $43,284 Unamortized Discount, Premium and Debt Issuance Costs, net (1) (405) Finance Leases and Other Long-Term Debt 107 412 Total Debt $2,736 $43,291 25 Note: Figures may not sum due to rounding ¹ Includes debt previously issued by CNG ² Excludes DEI’s October 2025 issuance of $1.25 billion of junior subordinated notes, consisting of $625 million for both the 2025 Series A and the 2025 Series B both of which mature in 2056 Represents deferred fuel securitization bonds that are considered “off credit” by the credit rating agencies. The securitization bondholders have recourse solely with respect to the deferred fuel cost property owned by VPFS and no recourse to any other assets of Dominion Energy or Virgi nia Power. Fixed income Preliminary and unaudited schedule of long-term debt as of September 30, 2025 ($M)
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26 Fixed income Schedule of debt maturities as of September 30, 2025 ($M) Note: Figures may not sum due to rounding Financing Due Date Entity DE Virginia DE SC Con Energy Corp & Other Total 2025 3.90% 2015 Series B Senior Notes 10/01/25 DEI - - - 750 750 5.088% Senior Secured Deferred Fuel Cost Bonds 11/01/25 VPFS 82 - - - 82 2025 Total 82 - - 750 832 2026 3.15% 2016 Series A Senior Notes 01/15/26 VEPCO 750 - - - 750 1.45% 2021 Series A Senior Notes 04/15/26 DEI - - - 564 564 2.85% 2016 Series D Senior Notes 08/15/26 DEI - - - 400 400 6.875% Debentures (former CNG subsidiary) 10/15/26 DEI - - - 6 6 2.95% 2016 Series B Senior Notes 11/15/26 VEPCO 400 - - - 400 5.088% Senior Secured Deferred Fuel Cost Bonds multiple VPFS 171 - - - 171 2026 Total 1,321 - - 970 2,291 Segment
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27 Note: Figures may not sum due to rounding ¹ Excludes finance leases and other long -term debt Fixed income Schedule of debt maturities as of September 30, 2025 ($M) Financing Due Date Entity DE Virginia DE SC Con Energy Corp & Other Total 2027 3.60% 2020 Series B Senior Notes 03/15/27 DEI - - - 350 350 3.50% 2017 Series A Senior Notes 03/15/27 VEPCO 750 - - - 750 5.088% Senior Secured Deferred Fuel Cost Bonds 05/01/27 VPFS 40 - - - 40 3.75% 2022 Series B Senior Notes 05/15/27 VEPCO 600 - - - 600 6.80% Debentures (former CNG subsidiary) 12/15/27 DEI - - - 83 83 4.877% Senior Secured Deferred Fuel Cost Bonds multiple VPFS 140 - - - 140 2027 Total 1,530 - - 433 1,963 2028 4.00% 2013 Series SC JEDA Industrial Revenue Bonds 02/01/28 DESC - 39 - - 39 3.80% 2018 Series A Senior Notes 04/01/28 VEPCO 700 - - - 700 4.60% 2025 Series C Senior Notes 05/15/28 DEI - - - 1,000 1,000 4.25% 2018 Series B Senior Notes 06/01/28 DEI - - - 495 495 4.25% Series First Mortgage Bonds 08/15/28 DESC - 53 - - 53 4.877% Senior Secured Deferred Fuel Cost Bonds multiple VPFS 190 - - - 190 2028 Total 890 92 - 1,495 2,477 2029 2.875% 2019 Series A Senior Notes 07/15/29 VEPCO 500 - - - 500 4.877% Senior Secured Deferred Fuel Cost Bonds multiple VPFS 198 - - - 198 2029 Total 698 - - - 698 Total¹ 4,521$ 92$ -$ 3,648$ 8,261$ Segment