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About Virginia Electric and Power Company

Virginia Electric and Power Company (Virginia Power) operates under the Dominion Virginia Power and Dominion North Carolina Power brands and provides regulated electric delivery services to about 2.4 million homes and businesses. Power generation is derived by means of coal, gas, oil, hydro, and nuclear plants. The utility's power plants (with 24,300 MW of generating capacity) are managed by the Dominion Generation unit of parent Dominion Energy. Control of Virginia Power's transmission facilities is maintained by PJM Interconnection. Dominion Virginia Power also sells wholesale power to other users.

Geographic Reach

Virginia Power generates, transmits, and distributes electricity for sale in Virginia and North Carolina.

Sales and Marketing

Virginia Power primarily serves retail customers. It sells electricity at wholesale prices to rural electric cooperatives, municipalities, and wholesale electricity markets.

Strategy

Virginia Power is trying to beef up its green energy profile. In addition to exploring wind farm options to help produce alternative energy, the company is pushing energy conservation programs, with the aim of cutting peak demand by electric consumers in Virginia by 650 MW.

In 2016 the company announced plans to invest nearly $2 billion per year through 2020 to add cleaner generation to its infrastructure, including solar energy. It also plans to expand, secure, and upgrade its electric grid in Virginia and northeastern North Carolina.

Virginia Electric and Power Company

120 Tredegar St
Richmond, VA 23219-4306
Phone: 1 (804) 819-2000

Firm Stats

Employer Type: Privately Owned
President, Dominion Virginia Power: Robert M. Blue
Executive Assistant: Amy Bowers
Engineer II: Thomas Miller
Employees (This Location): 1,400
Employees (All Locations): 6,900

Major Office Locations

Richmond, VA

Other Locations

Southington, CT
Milford, IN
Roanoke Rapids, NC
Alexandria, VA
Ashland, VA
Chesapeake, VA
Chester, VA
Dumfries, VA
Franklin, VA
Fredericksburg, VA
Herndon, VA
Leesburg, VA
Midlothian, VA
Mineral, VA
Norfolk, VA
Petersburg, VA
Remington, VA
Richmond, VA
South Boston, VA
South Hill, VA
Staunton, VA
Suffolk, VA
Surry, VA
Virginia Beach, VA
Williamsburg, VA
Yorktown, VA
Mount Storm, WV