Dominion Power 2013 Annual Report Download - page 16

DOMINION SAFETY INCIDENCE RATES*
Lost Time/Restricted Duty Incidence Rates OSHA Recordable Rates
* Excludes Corporate and Other Segment.
22%
DOMINION VIRGINIA
POWER
48%
DOMINION
GENERATION
30%
DOMINION ENERGY
2013 PRIMARY OPERATING SEGMENT
EARNINGS PERCENTAGES*
Operates regulated electric transmission
and distribution franchises in Virginia and
northeastern North Carolina, providing
electric service to about 2.5 million customer
accounts in the two-state area.
BUSINESS LINES
• Electric transmission
• Electric distribution
2013 HIGHLIGHTS
• Connected nearly 32,000 new franchise customer accounts.
• Successfully transitioned to IEEE standard 1366 for reporting
System Average Interruption Duration Index (SAIDI),
achieving its best performance in more than a decade at
106.3 minutes, reducing average minutes out per customer,
excluding major storms, by 18 percent versus the three-
year average.
• Completed the three-year Neighborhood Transformer
Program to inspect and replace at-risk distribution
transformers and achieved a reduction of 200 transformer
failures per year in 2012 and 2013.
• Placed into service $716 million of transmission assets.
2014 OUTLOOK
• Maintain a superior safety record.
• Continue to invest in capital growth projects to meet the
needs of our utility customers, including the rebuild of the
Mount Storm-to-Doubs transmission line, scheduled for
completion in the third quarter of 2014.
• Begin a $175 million per-year undergrounding strategy for
distribution system hardening that will help minimize the
eects of severe weather on our customers.
Operates one of the nation’s largest natural
gas storage systems; a network of 32,800
miles of natural gas transmission, distribution,
gathering and storage pipelines; a natural
gas distribution system serving 1.3 million
customer accounts in West Virginia and
Ohio; and a liquefied natural gas terminal
in Maryland. It also includes an interest in
Blue Racer Midstream, LLC.
BUSINESS LINES
• Natural gas transmission and storage
• Natural gas distribution
• Liquefied natural gas services
2013 HIGHLIGHTS
• Brought into service Sabinsville to Morrisville and Tioga
Area Expansion, which have increased send-out capacities
in the Marcellus Shale region by 362,000 dekatherms per day.
• Completed the Natrium processing and fractionation facility,
and contributed the $473 million plant to Blue Racer.
• Signed 20-year terminal services agreements at
Cove Point with aliates of Sumitomo and GAIL.
2014 OUTLOOK
• Maintain a superior safety record.
• Continue to invest in infrastructure in the Marcellus and Utica
Shale regions to meet the needs of the producer community
and the marketplace.
• Continue developing and begin constructing the Cove Point
liquefaction facility.
DOMINION
GENERATION
DOMINION
ENERGY
DOMINION
VIRGINIA POWER
DOMINION
AT A GLANCE
13
12
11
10
09
08
07
06
05
04
03
1.39
0.94
0.79
0.53
0.58
0.48
0.42
0.36
0.34
2.40
1.87
1.40
1.24
1.25
1.08
0.95
0.92
0.83
MEADOW BROOK TO LOUDOUN, VA COVE POINT, MD NORTH ANNA, VA
18 DOMINION RESOURCES, INC. 19 DOMINION RESOURCES, INC.
Dominion’s three primary operating
segments are based in the energy-
intensive mid-Atlantic, Northeast and
Midwest regions of the U.S.
2.36
2.34
4.19
3.49
* Recast to reflect the inclusion of certain incidents of hearing loss that may
be work-related and therefore recordable under OSHA regulations.
Operates the company’s fleet of regulated
power stations serving its electric utility
franchise, as well as a small merchant
power fleet supplying wholesale markets
in the Northeast. Together they account
for approximately 23,600 megawatts
of generation. Dominion Retail, serving
approximately 2.1 million customer accounts in
15 retail-choice states, is part of this segment.
BUSINESS LINES
• Utility power production
• Merchant power production
• Retail energy marketing
2013 HIGHLIGHTS
• Completed the conversions of three small coal-fired stations
to use waste wood biomass as fuel.
• Closed on the sales of Brayton Point in Massachusetts and
Kincaid in Illinois, and our ownership interest in Elwood,
also in Illinois.
• Established a new fleet nuclear net capacity factor record of
93.7 percent, besting the 2009 record of 93.1 percent.
2014 OUTLOOK
• Maintain a superior safety record.
• Complete the conversion of Bremo from coal to gas,
and construction of the 1,329-megawatt, gas-fired
combined-cycle station in Warren County.
• Continue constructing the 1,358-megawatt, gas-fired
combined-cycle facility in Brunswick County, Va., slated for
completion in 2016.
• Exit and sell Dominion Retail’s electric retail marketing business.