NextEra Energy and Dominion Energy announce transformational Virginia benefits package that puts customers first and positions the Commonwealth as a global energy leader

Enhanced package would deliver long-term residential bill relief, create 1,000 new direct jobs in Virginia , accelerate clean energy development and build a new shareholder-funded co-headquarters tower for the combined company in downtown Richmond Puts customers first  by doubling residential bill credits from two years to four years, expanding low-income financial assistance by increasing EnergyShare, Dominion Energy's shareholder-funded energy bill assistance program, by $100 million through 2038 and holding customers harmless from merger costs. Delivers long-term affordability benefits  by leveraging the combined company's scale to buy, build, finance and operate more efficiently — a model demonstrated by Florida Power & Light Company's track record of delivering typical residential bills more than 37% below the national average and reliability more than 60% better than the national average. Regular reviews by the Virginia State Corporation Commission will set base rates and ensure accountability. Protects Virginia's families and small businesses  by reaffirming support for the efforts of the State Corporation Commission , the General Assembly and the Governor to protect residential and business customers from costs associated with serving data centers. Builds more clean energy and battery storage faster  by accelerating solar, storage and other resources in Virginia to affordably power the Commonwealth's growth, advance the Virginia Clean Economy Act and reduce reliance on expensive imported power. Positions Virginia as a global energy leader  by maintaining current employee headcount levels in Virginia for five years, bringing 1,000 new direct jobs to the Commonwealth, building a new shareholder-funded co-headquarters tower for the combined company in Richmond and supporting work in renewable energy development and supply chain management, battery storage operations, nuclear and small modular reactor innovation, enterprise technology and cybersecurity, among others. Invests in Virginia's workforce and supply chain  through a $100 million workforce development fund, up to a $1 billion annual, five-year Virginia Supplier Program and a new annual global energy summit in Virginia . Keeps Dominion Energy Virginia local  by preserving its name, local leadership, employee workforce and accountability to the State Corporation Commission . JUNO BEACH, Fla. and RICHMOND, Va. , Sept. 14, 2026 /PRNewswire/ -- In direct response to feedback from policymakers and other stakeholders, NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today announced a transformational Virginia benefits package as part of their proposed combination, designed to put customers first while positioning the Commonwealth as a global energy leader with long-term bill relief for residential customers, long-term affordability benefits, data center cost protections, accelerated clean energy deployment and thousands of new direct and indirect jobs in Richmond and across the Commonwealth. — Company newsroom — sourced from NextEra Energy. Matter furnished by the company. Not a Notice Nearby paid placement. This page reprints matter furnished by the company from its official newsroom. Notice Nearby did not write this release. Read the original: https://www.investor.nexteraenergy.com/news-and-events/news-releases/2026/09-14-2026-123118816