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Dominion Energy and NextEra Energy Announce Plans to Combine

 

 

May 19, 2026 - On May 18, 2026, Dominion Energy and NextEra Energy announced plans to combine. NextEra Energy is the largest electric and energy infrastructure company in North America, headquartered in Juno Beach, Florida, and provides power to 6 million homes and businesses across Florida. Our companies share common values and a commitment to our customers, and together, will be well positioned to continue reliably and affordably meeting your energy needs.

As a customer, there is no action you need to take. You can count on the same reliable service, dedicated team, and familiar ways to interact with us. The Dominion Energy name isn’t changing, and the combination will not affect how we operate locally, serve our customers, or engage with the community. Dominion Energy leadership will still be here and job protections for Dominion Energy employees will ensure you continue to be served by the people you know.

The proposed combination must be approved by federal and state regulators as well as shareholders of both companies before it can move forward. The companies expect the transaction to close in 12-18 months, subject to those approvals.

This is not an offer or solicitation. Please read additional details in the news release and see "Cautionary Information."

Proposed Key Benefits For Our Customers & Our Communities Include

  • $2.25 billion in bill credits for Dominion Energy customers in Virginia, North Carolina, and South Carolina spread over two years after closing.

  • Additional benefits over time as a combined company from greater buying power, building more efficiently, lower borrowing costs, and operational best practices.

  • Expanded community support through an additional $10 million in annual charitable giving in Virginia, North Carolina, and South Carolina for five years after closing.

  • Continued support for the robust utility assistance programs we have today, helping customers facing hardship keep the lights on.

What This Means For You

Dominion Energy will continue delivering on its mission to provide you with the same reliable, affordable, and increasingly clean energy that powers your every day. And your customer support will not be changing.