Corporate Strategy
We are continuing to execute our multi-year, multi-billion dollar regulated infrastructure investment plan to achieve sustainable financial and operational excellence and meet the growing energy needs of our customers.
"Dominion always treats its shareholders phenomenally. Always trying to bring out value."
-Jim Cramer, "Mad Money" host, CNBC, 8/11/11
This major "concrete and steel" construction program is the equivalent of building a mid-sized energy company from the ground up. Its main drivers include:
- Expected customer demand growth at our electric utility serving Virginia and North Carolina – one of the nation’s fastest growing regions – equivalent to adding 1 million new homes to our system in the coming decade;
- A boom in natural gas production from the Marcellus and Utica shale formations in the Appalachian Basin – an area where we plan to help producers transport their gas to market; and
- Needed modernization of the pipes and wires supplying energy to our distribution customers in Virginia, North Carolina, Ohio and West Virginia; and new transmission pipes serving natural gas markets in the Northeast and mid-Atlantic regions.
Key Elements of Our Strategic Growth Plan
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