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In today's increasingly competitive energy marketplace, Dominion is established as a trusted brand name. From its earliest roots as an operator of hydroelectric stations, steam plants and electric trolleys, Dominion has grown into a leading provider of electricity, natural gas and energy services to customers in the Midwest, Mid-Atlantic and Northeast regions of the United States.
The company serves residential and business retail customers in 11 states. With operating revenue of $16.4 billion and assets valued at $49.2 billion (both as of 31 December 2006), we are one of the largest utility companies in global equity market capitalization and among the 200 largest companies in the world. At the heart of our business is an exceptional and diverse team of nearly 17,000 talented employees.
Read our corporate overview for details, and learn about our commitment to good governance as the cornerstone for strong business performance. Detailed information about Dominion is available in our Annual Report.
Dominion is a vertically integrated energy company headquartered in Richmond, Virginia. We provide a full array of energy-related operations and services, such as the generation, transmission and marketing of electricity.
The company provides vast gas transportation and storage services, and also offers a variety of products and services for homes and businesses.
Our assets consist of about 26,500 megawatts of electric power conveyed through more than 6,000 miles of transmission lines, 6.3 trillion cubic feet equivalent of natural gas reserves, 7,800 miles of natural gas pipeline and the nation's largest natural gas storage system with about 950 billion cubic feet of storage capacity.
| For electric generation, Dominion uses a mix of energy sources to generate electricity to enhance our system's reliability. This guards against major problems that might be produced by economic, environmental or technical conditions that could arise in a single area. Dominion Generation provides electricity at wholesale and for 3.7 million retail customers. |
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The company can supply electricity demand either from its more than 40 generation facilities in Connecticut, Indiana, Illinois, Massachusetts, North Carolina, Ohio, Pennsylvania, Rhode Island, Virginia and West Virginia or through purchased power contracts when needed.
Dominion operates in many phases of the natural gas business and provides a variety of energy marketing services. Its regulated gas distribution subsidiaries serve approximately 1.7 million residential, commercial and industrial gas sales and transportation customer accounts in Ohio, Pennsylvania and West Virginia and its nonregulated retail energy marketing businesses serve 1.4 million residential and commercial customer accounts in the Northeast and Midwest.
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We operate an interstate gas transmission pipeline system in the Midwest, Mid-Atlantic states and the Northeast, as well as a liquefied natural gas import and storage facility in Maryland. Dominion’s producer services operations involve the aggregation of natural gas supply and related wholesale activities. |
Dominion manages its daily operations through several primary operating segments: Dominion Generation, Dominion Energy and Dominion Virginia Power. Within these segments are several subsidiaries.
- Dominion Generation includes the generation operations
of Dominion’s electric
utility and merchant fleet.
- Dominion Energy includes Dominion’s electric
transmission, natural gas
transmission pipeline and storage businesses, certain natural gas production,
as well as energy marketing and producer
services operations, including aggregation of gas supply and other wholesale
activities.
- Dominion Virginia Power includes Dominion’s regulated
electric operations, customer service operations,
as well as non-regulated retail energy marketing operations.
This environmental report is enterprise-wide, describing Dominion's efforts to protect the natural resources in the many diverse areas where we operate. The report describes our commitment to environmental stewardship and discusses new ways that we're reducing environmental impacts. It also highlights our employees' efforts to help the environment, on the job and off.