What dominates the section
- Net-zero commitments and GHG rules could impair generation assets and reduce natural-gas demand.
- CVOW and other infrastructure face permitting, construction, severe-weather, marine-wildlife and cost risks.
- Trust assets, derivatives, partnerships and public commitments create funding, liquidity, operational and reputational exposures.
The risks most specific to Dominion Energy
- Regulatory, Legislative and Legal Risks
such actions could render additional existing generation facilities uneconomical to operate, result in the impairment of assets, or otherwise adversely affect the Companies’ results of operations, financial performance or liquidity
Net-zero commitments and federal or state GHG rules could increase natural-gas costs, reduce demand and make existing generation uneconomical or impaired.
- Regulatory, Legislative and Legal Risks
The timeline for construction of the CVOW Commercial Project may also be negatively impacted by severe weather events or marine wildlife, including migration patterns of endangered and protected species, both of which are outside of the control of the Companies and their contractors
CVOW and other infrastructure projects may face permitting delays, construction problems, higher costs, changed terms, severe weather or endangered marine species.
- Operational Risks
objectives which may differ from those of the Companies and, accordingly, disputes may arise amongst the owners of such partnership arrangements that may result in delays, litigation or operational impasses
Partnership disagreements could cause delays or litigation, while adverse publicity or missed commitments could harm Dominion Energy.
- Financial, Economic and Market Risks
With respect to decommissioning trust funds, a decline in the market value of these assets may increase the funding requirements of the obligations to decommission the Companies’ nuclear plants or require additional NRC-approved funding assurance
Declining trust-fund values could increase funding needs for nuclear decommissioning and pension or postretirement benefit obligations.
- Financial, Economic and Market Risks
The use of derivative instruments could result in financial losses and liquidity constraints. The Companies use derivative instruments, including futures, swaps, forwards, options and FTRs, to manage commodity, interest rate and/or foreign currency exchange rate risks
Derivatives used for commodity, interest-rate and currency risks can cause financial losses or liquidity constraints, with Dodd-Frank adding clearing and trading requirements.
All 6 risk factors
Headings as the filing states them, in filing order.
Regulatory, Legislative and Legal Risks
- 01such actions could render additional existing generation facilities uneconomical to operate, result in the impairment of assets, or otherwise adversely affect the Companies’ results of operations, financial performance or liquidity
- 02The timeline for construction of the CVOW Commercial Project may also be negatively impacted by severe weather events or marine wildlife, including migration patterns of endangered and protected species, both of which are outside of the control of the Companies and their contractors
Operational Risks
- 03objectives which may differ from those of the Companies and, accordingly, disputes may arise amongst the owners of such partnership arrangements that may result in delays, litigation or operational impasses
- 04maintained against losses resulting from any such attack may not be sufficient to cover such losses or otherwise adequately compensate for any business disruptions that could result
Financial, Economic and Market Risks
- 05With respect to decommissioning trust funds, a decline in the market value of these assets may increase the funding requirements of the obligations to decommission the Companies’ nuclear plants or require additional NRC-approved funding assurance
- 06The use of derivative instruments could result in financial losses and liquidity constraints. The Companies use derivative instruments, including futures, swaps, forwards, options and FTRs, to manage commodity, interest rate and/or foreign currency exchange rate risks
Other Dominion Energy 10-Ks
- 2026 10-K risk factors
5 risks, 3 new, 4 dropped, 2 reworded since the prior year. New emphasis centers on CVOW cost exposure, coal ash liabilities, and derivative-related liquidity risk.
Filed Feb 23, 2026
About this page
Item 1A of the 10-K on EDGAR was split into its risk factors and, where the company's previous 10-K is on file, each heading was matched to last year's and the text compared word for word. The headings are the filing's own. The one-line readings and the overview were written by a language model from the text of the new, dropped, and rewritten risks; they refer to risks by position and cannot misquote a heading.