Dominion Energy & NextEra Energy Announce Enhanced Virginia Benefits Package for Proposed Merger

Summary of Filing

On September 14, 2026, Dominion Energy, Inc. (NYSE: D) filed a Current Report on Form 8-K under Item 7.01 (Regulation FD Disclosure) and Item 9.01 (Financial Statements and Exhibits).

In connection with its previously announced merger combination with NextEra Energy, Inc. (NYSE: NEE), the companies released a joint press release and investor presentation outlining an enhanced package of customer and economic commitments submitted to the Virginia State Corporation Commission (SCC).

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Key Commitments & Highlights

1. Customer Rate Relief & Affordability:

   • Proposes doubling residential bill credits ($10/month) from two years to four years by reallocating credits away from large-scale data center customers and increasing aggregate shareholder funding.
   • Expands the shareholder-funded EnergyShare bill assistance program by $100 million through 2038.
   • Reaffirms customer protection against all merger-related transaction, transition, or restructuring costs.

2. Headquarters, Jobs & Infrastructure:

   • Commits to building a new shareholder-funded co-headquarters office tower in downtown Richmond, Virginia.
   • Maintains current Virginia employee headcount levels for five years.
   • Adds 600 NextEra Energy direct jobs and anticipates 400 direct supplier jobs in Virginia.
   • Establishes a $100 million workforce development fund and an annual Virginia Supplier Program of up to $1 billion over five years.

3. Governance and Local Control:

   • Retains the Dominion Energy Virginia name and local operating structure under the leadership of Ed Baine.
   • NextEra Energy regulated utilities will be led by Dominion Energy CEO Robert Blue; dual corporate headquarters maintained in Richmond, VA and Juno Beach, FL.

4. Expected Timing & Approvals:

   • The merger transaction remains subject to SCC approval, HSR Act antitrust clearance, and other customary conditions, with expected closing in the second half of 2027.