Delivering meaningful benefits for South Carolina
Delivering meaningful benefits for South Carolina
Two energy leaders. One shared commitment to South Carolina.
Dominion Energy South Carolina will continue operating under its trusted name, with Keller Kissam continuing as president and local leadership remaining in place. Cayce will remain Dominion Energy South Carolina’s operating headquarters.
Immediate Rate Relief
The combined company would provide approximately $382 million in shareholder-funded bill credits for electric and gas customers distributed over the first two years following the close of the transaction. The credits are designed to reduce the average residential bill over that 24-month period.
Reliability and Resiliency
NextEra Energy's best-in-class grid strengthening, modernization and restoration capabilities complement Dominion Energy South Carolina's strong record of reliable service.
Local Presence
Local investments will continue as the combined company will maintain operational headquarters in Cayce, South Carolina.
Commitment to Employees
Dominion Energy employees would receive 18 months of job protection and 24 months of compensation and benefits protection following transaction close, and the combined company would offer meaningful career opportunities across a growing enterprise.
Community Commitment
The combined company will continue Dominion Energy South Carolina's long-standing community commitment and increase shareholder-funded charitable giving by an additional $10 million annually across South Carolina, North Carolina and Virginia for at least five years following closing.
Base-load Power
The combined company would be committed to completing the Canadys Station project.