Dominion Power 2013 Annual Report Download - page 2

EVERY DAY OUR
CUSTOMERS RELY ON US
CONTENTS
Company Profile IFC
CEO Letter 8
Consolidated Financial Highlights 12
Financial Charts 16
Dominion At A Glance — 18
Operating and Service Areas
GAAP Reconciliations 22
Directors and Officers 23
Shareholder Information 24
Headquartered in Richmond, Va., Dominion (NYSE: D) is one of the nation’s largest producers
and transporters of energy, with a portfolio of approximately 23,600 megawatts of electric
generation, 10,900 miles of natural gas transmission, gathering and storage pipeline and
63,400 miles of electric transmission and distribution lines. The company operates one of
the largest natural gas storage systems in the U.S. with 947 billion cubic feet of capacity,
and serves nearly 6 million utility and retail energy customers in 15 states. For more information
about Dominion, visit the company’s website at www.dom.com.*
*All numbers are as of Feb. 28, 2014.
Our statements about the future are subject to various risks and uncertainties. For factors
that could cause actual results to dier from expected results, see Item 1A. Risk Factors,
Forward-Looking Statements in Item 7. Management’s Discussion and Analysis of Financial
Condition and Results of Operations, and Item 7A. Quantitative and Qualitative Disclosures
About Market Risk in our Annual Report on Form 10-K for the year ended Dec. 31, 2013.
Shareholders receiving this Summary Annual Report in connection with our 2014 Annual
Meeting of Shareholders should read it together with our Annual Report on Form 10-K
for the year ended Dec. 31, 2013. This Summary Annual Report includes only financial
and operating highlights and should not be considered a substitute for our full financial
statements, inclusive of footnotes, and Management’s Discussion and Analysis of Financial
Condition and Results of Operations, included in our 2013 Annual Report on Form 10-K.
For such Shareholders, a copy of our 2013 Annual Report on Form 10-K, including the full
financial statements, accompanies this Summary Annual Report and may also be obtained
free of charge through our website at www.dom.com or by writing to our Corporate
Secretary at P.O. Box 26532, Richmond, Virginia 23261 – 6532.
COVER: The Natrium processing
and fractionation facility in Marshall
County, W.Va., entered service in 2013.
The plant, which was contributed
to the Blue Racer joint venture,
helps natural gas producers in the
Appalachian Basin by extracting and
separating natural gas liquids from
the gas stream for transportation
across interstate pipelines.
INSIDE COVER: Dominion Virginia
Power, Dominion’s century-old
electric utility in Virginia and northeast
North Carolina, has about 6,400 miles
of electric transmission lines. These
high-voltage lines help ensure service
reliability for the utility’s 2.5 million
customer accounts. During the next
five years, Dominion plans to spend
about $600 million per year to bolster
the transmission network.
When our electric utility customers in Virginia and North Carolina
flip a switch, they expect their lights to come on. When our natural gas
utility customers in Ohio and West Virginia turn on their gas furnaces,
they expect to heat their homes. Over the next five years, Dominion plans
to spend nearly $14 billion for new and upgraded energy infrastructure,
in part to improve service reliability for our customers who reasonably
expect service 24 hours a day, 365 days a year.