---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-012345"
form_type: "8-K"
ticker: "D"
cik: "0000715957"
company_name: "DOMINION ENERGY, INC"
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T04:19:02.170859+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dominion Energy raises CVOW cost estimate to $10.7B from $9.8B; on schedule for 2026

## Summary
- Total CVOW project cost (ex-financing) increased ~9% to $10.7B; on-time completion at end-2026 unchanged.
- Cost increase driven by PJM network upgrade costs (~$900M); contingency now ~5% of remaining costs at $222M.
- Stonepeak to fund 50% of cost increase up to $11.3B; Dominion expects ~$100M Q4 charge excluded from operating EPS.
- Updated levelized cost of energy ~$62/MWh vs initial $80-90/MWh; typical residential bill impact +$0.43/month.
- First 16 transition pieces installed; project ~50% complete; Charybdis vessel 96% complete, sea trials started.

## SEC filing metadata
- accession: 0000950170-25-012345
- form_type: 8-K
- ticker: D
- cik: 0000715957
- company_name: DOMINION ENERGY, INC
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/715957/000095017025012345/0000950170-25-012345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715957/000095017025012345/d-20250203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-012345
- JSON: https://secwatch.observer/filing/0000950170-25-012345.json
- Plain text: https://secwatch.observer/filing/0000950170-25-012345.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.