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DOMINION ENERGY, INC.

(D)
  Report
Delayed Nyse  -  04:04 2022-12-02 pm EST
60.47 USD   +0.17%
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11/30Dominion Energy South Carolina Shares Five Tips for a Safe, Energy-Efficient Holiday Season
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Dominion Energy Launches New Program to Help Reduce Customers Carbon Footprint

09/07/2022 | 09:58am EST

GASTONIA - Dominion Energy's residential and commercial natural gas customers in North Carolina can now sign up for GreenTherm, a new and affordable way customers can reduce their carbon footprint and support renewable natural gas projects.

The voluntary program will allow customers to offset carbon emissions from natural gas use in their home by supporting projects, including several in North Carolina, that reduce emissions.

Carbon offsets balance emissions from one source by reducing emissions from others, such as landfills. Through GreenTherm, customers will have the opportunity to support projects that reduce landfill emissions and preserve forested areas to capture carbon emissions from the air in North Carolina and neighboring states. To participate, customers may purchase carbon offsets for as little as $3 per month. A typical residential customer can offset their entire carbon footprint from natural gas usage for just $12 a month.

Emissions-reducing projects in North Carolina include: Landfill gas capture and reuse - Buncombe County Landfill, Alexander, NC

Landfill gas capture and reuse - Johnston County Landfill, Smithfield, NC

Landfill gas capture and flare - Upper Piedmont Landfill, Rougemont, NC

Avoided forest conversion - Noles Farms, Washington and Hyde Counties, NC

'Our customers want clean energy, and they want to have a positive impact on the environment,' said Rusty Harris, Vice President and General Manager of Dominion Energy North Carolina Gas. 'We share their passion, and this program delivers in a big way. GreenTherm is a convenient way for our customers to enjoy the benefits of natural gas while making a difference for the environment and reducing emissions close to home.'

The voluntary program is available to residential and commercial customers. Dominion Energy does not earn a profit from the program. The offsets are independently certified. Customers can sign up at DominionEnergy.com/GreenTherm, through the Dominion Energy mobile app, or by calling Customer Service at (877) 776-2427.

The new program is just one way Dominion Energy is helping its customers reduce their carbon footprint. The company has also expanded its ThermWise energy efficiency and conservation programs to help homeowners and businesses use less energy, protect the environment and save on their monthly bills.

Additionally, the company is exploring the use of zero-carbon hydrogen and advancing carbon-beneficial renewable natural gas to significantly reduce emissions from customers' homes. Learn more about what the company is doing to advance renewable natural gas in North Carolina and hydrogen for the benefit of customers and the climate.

About Dominion Energy

About 7 million customers in 15 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE D), headquartered in Richmond, Va. The company is committed to safely providing reliable, affordable, and sustainable energy and to achieving Net Zero emissions by 2050.

Contact:

Persida Montanez

Tel: 919-819-1325

(C) 2022 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2022 16 164 M - -
Net income 2022 3 042 M - -
Net Debt 2022 44 710 M - -
P/E ratio 2022 14,6x
Yield 2022 4,44%
Capitalization 50 388 M 50 388 M -
EV / Sales 2022 5,88x
EV / Sales 2023 5,96x
Nbr of Employees 17 100
Free-Float 99,9%
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 60,47 $
Average target price 73,92 $
Spread / Average Target 22,2%
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Managers and Directors
Robert M. Blue Chairman, President & Chief Executive Officer
Steven D. Ridge Chief Financial Officer & Senior Vice President
Diane Leopold Chief Operating Officer & Executive VP
Carlos M. Brown Chief Compliance Officer, SVP & General Counsel
Michael D. Frederick Senior Vice PresidentľAdministrative Services
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