Dominion, NextEra Propose Virginia Supplier Program Amid Merger Approval Push

By EC Assets · Published 14 September 2026

Dominion Energy and NextEra Energy Inc. have proposed a $1 billion-a-year Virginia supplier program. The proposal aims to provide benefits to customers in Virginia. Both companies are seeking regulatory approval for their proposed $67 billion merger. The companies have presented an expanded state benefits package to regulators. This package supports their efforts to secure approval for the $67 billion merger. The proposed benefits also aim to position Virginia as a global energy leader. NextEra Energy and Dominion Energy's plan involves building more clean energy and battery storage faster. They intend to accelerate solar, storage, and other resources in Virginia. This approach seeks to affordably power the Commonwealth's growth and advance the Virginia Clean Economy Act. Shareholders of NextEra Energy Inc. and Dominion Energy Inc. have already approved the merger. This approval cleared a major hurdle for the transaction. The State Corporation Commission has ordered three in-person hearings for the NextEra-Dominion merger case. These hearings provide additional opportunities for the public to officially testify regarding the proposed merger. This article is intended for informational purposes only. It does not constitute investment advice.