NextEra Energy and Dominion Energy expand Virginia merger package

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Go back to NextEra Energy and Dominion Energy expand Virginia merger package

NextEra Energy and Dominion Energy announce transformational Virginia benefits package that puts customers first and positions the Commonwealth as a global energy leader

September 14, 2026 7:30 AM EDT

Enhanced package would deliver long-term residential bill relief, create 1,000 new direct jobs in Virginia, accelerate clean energy development and build a new shareholder-funded co-headquarters tower for the combined company in downtown Richmond

Puts customers first by doubling residential bill credits from two years to four years, expanding low-income financial assistance by increasing EnergyShare, Dominion Energys shareholder-funded energy bill assistance program, by $100 million through 2038 and holding customers harmless from merger costs. Delivers long-term affordability benefits by leveraging the combined companys scale to buy, build, finance and operate more efficiently a... More