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Page 1: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion
Page 2: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

~27,500 MW of electric generation

6,300 miles of electric transmission

11,000 miles of natural gas transmission, gathering and storage pipeline

947 billion cubic feet of natural gas storage operated

Cove Point LNG Facility

2.4 million electric customers in VA and NC

1.3 million natural gas customers in OH & WV

2.2 million non-regulated retail customers in 15 states

Generating Stations in Operation

All planned capital expenditures are preliminary and subject to regulatory and/or Board of Directors’ approvals.

New Generating Stations Planned/Under DevelopmentNew Generating Stations Planned/Under Development

Coal/BiomassNatural GasWindSolar

Generating Stations in Operation

CoalNatural Gas/OilNuclearHydroBiomassWindCoal/Oil/GasCoal/BiomassPending SaleShut Down 2

Page 3: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Dominion’s Sustainability Strategy• Reducing our environmental

footprint• Investing in the technologies of

tomorrow• Providing green opportunities for

our customers and communities• Engaging our employees and

stakeholders

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Page 4: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

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Page 5: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Dominion Virginia Power

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Total Dominion

Page 6: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Protecting the EnvironmentDominion Environmental Expenditures

Page 7: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

• Dominion has several LEED Certified buildings– The administrative building at our Cove Point LNG facility in Maryland is LEED silver

certified. LEED certification is in the current project scope for Cove Point expansion project buildings.

– The Sabinsville office building in north central Pennsylvania is LEED gold certified.– The administration and warehouse building at our Warren and Brunswick combined

cycle power plants are being constructed to LEED standards.

• Examples of LEED Measures at Sabinsville:– Natural daylight through use of skylights– Triple-pane operable windows– Cellulose insulation (made from recycled newspaper) that increases energy efficiency– Low-flow plumbing fixtures– Highly efficient heating, ventilating and air conditioning (HVAC)– Low VOC (Volatile Organic Compounds) finishes– Recycled stone veneer and siding– Occupancy and daylight sensors to help reduce electricity use,

efficient light fixtures– Landscaping with native plant species that require no irrigation once established

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Page 8: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Dominion is among the lowest for CO2 emissions for the largest U.S. power producers.

Source: Benchmarking Air Emissions Report: July 2012 (2010 Data). Study supported by NRDC and others. 8

Dominion

Page 9: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Year 2005 DENE added, transition to PJM 2006-07

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Page 10: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Year At Ownership 10

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• Evaluate emerging technologies and impact on Dominion’s business

• Foster the development of new and emerging technologies

• Develop the long-term strategic plan for incorporating new technologies into Dominion’s infrastructure plan

• Participate in the shaping of state and federal regulatory and legislative energy policy

• Identify business opportunities

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Page 13: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Transmission and Distribution Generation

Smart Grid

Electric Vehicles

SolarDistributed Generation

Offshore Wind

Alternative Energy SolutionsTechnology Focus

Fuel Cells

Solar

Battery Storage

Page 14: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

Opportunities• Economic development opportunity for Virginia

- World’s greatest natural harbor- Premier maritime community

• Potentially one of the largest sources of renewable, carbon-free energy in Virginia

• Offshore winds stronger, more consistent than onshore

Challenges• Substantially more costly to install and maintain than onshore wind

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VOWTAP OFFSHORE FACILITIESIndividual Turbine Power Output Rating 6 MEGAWATTSVOWTAP Nameplate Electric Generating Capacity 12 MEGAWATTSHub Height (distance from sea to center of rotors) 328 feet (100 m)Rotor Diameter 492 feet (150 m)Maximum Tip Height 574 feet (175 m)Air Gap (distance from sea to rotor swept zone) 84 feet (26 m)Water Depth within Lease Area Max 80 feet (20 - 25 m)Distance Between Turbines ~2,300-3,950ft(700–1,200m)Approximate Demonstration Project Area 2 to 3 aliquots

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• Bureau of Ocean Energy Management (BOEM) is moving forward with commercial leasing process.

• Ten companies have expressed interest in leasing the area.

• BOEM published Proposed Sale Notice on Dec. 3, 2012.

• Dominion expects the auction will occur in the 2nd quarter of 2013.

• BOEM planning to lease entire Wind Energy Area to one bidder using an ascending clock auction.

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Bureau of Ocean Energy Management Virginia Call for Information and Nominations Area – Nomination Density

24 miles

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Dominion GenerationRenewable Power Generation Portfolio

Capacity Cumulative Capacityin Operation in Operation & Development

Renewable Utility Generation Fuel Region in 2011 (MW) in 2012+ (MW)

Pittsylvania Biomass PJM 83 83Altavista, Hopewell and Southampton Biomass PJM 6 153Virginia City Hybrid Energy Center* Biomass PJM - 117Undisclosed New Biomass Biomass PJM - 100Gaston (1-4) Water PJM 220 220Roanoke Rapids Water PJM 95 95Cushaw Water PJM 2 2North Anna Water PJM 1 1Virginia Wind Projects Wind PJM 0 248Community Solar Power Program Sun PJM 0 30

Renewable Utility Generation 407 1,049

Capacity Cumulative Capacityin Operation in Operation & Development

Renewable Merchant Generation Fuel Region in 2012 (MW) in 2013+ (MW)

NedPower (w/ Shell WindEnergy, Inc.) ** Wind PJM 132 132Fowler-Ridge (w/ BP Alternative Energy, Inc.) ** Wind PJM 150 150Prairie Fork Wind PJM 0 300

Azalea Solar Solar Georgia 0 7.7Renewable Merchant Generation 282 590

Total Renewable Generation 689 1,639* Represents up to 20% of our proposed Virginia City Hybrid Energy Center 585 MW coal station** Megawatt capacity values reflect Dominion's interest only

Some development projects are not included in Dominion's current Capex Plan

as of March, 2013

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• Pittsylvania Power Station (biomass)

• Dominion Virginia Power asset

• Capacity: 83 MW

• Largest biomass facility in U.S.

• High reliability

• Base-load resource

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• Conversions are cost effective for our customers• Support Virginia’s and Dominion’s renewable goals• Dispatchable source of renewable energy• Technology is mature and reliable• Expected to support reduction in carbon intensity• Promotes a diverse fuel portfolio

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Dominion’s Renewable Assests:Altavista, Hopewell & Southampton units converted from

coal to wood

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•Gaston Hydro Station•Dominion North Carolina Power asset•Capacity: 220 MW•High reliability

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Total Size: 300 MWNo. of Turbines: 162Land Area: 25,000 acresCompleted: March 2009

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Total Size: 264 MWNo. of Turbines: 132Land Area: 8000 acresCompleted: December 2008

Fowler Ridge Wind Farm Fowler Ridge Wind Farm Benton County, IndianaBenton County, Indiana

NedPower Wind Farm NedPower Wind Farm Grant County, West VirginiaGrant County, West Virginia

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InputsNatural gasWaterAir

OutputsElectricityCO2

Waste heatWaste water

1 x 2.8 MW module is about the size of a tennis court:Bridgeport project contains five modules and a residualheat bottoming cycle turbine (Organic Rankine Cycle)

Page 23: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

• Future Community Solar Distributed Generation (DG) Program– Distributed Generation (DG) is the concept of decentralized, local energy

production often utilizing wind and/or solar– Solar DG penetration is rapidly increasing across the country– Dominion has received approval for a Community Solar Program

− 30 MW of utility-owned distributed solar on leased roof space− Tariff to purchase output from customer-owned solar DG installations

Source: Southern California Edison 23

• Solar resources are becoming more cost competitive− Rapidly dropping costs of solar modules− Standardization of installation− Federal tax credits available to January 1, 2017

• However, solar PV is not dispatchable and contributes less to peak load and reserve requirements than conventional resources• Dominion is constructing a 7.7. MW solar

generating facility in Georgia.

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Challenges• Costs

– Renewable generation is more costly when compared with conventional sources

– Virginia’s low electric rates make renewable generation even less competitive

• Intermittency• Regulatory approval process

geared towards centralized, large-scale projects

Opportunities• A more balanced, diverse

fuel supply for our customers

• Satisfaction of Virginia’s voluntary renewable goals

• Additional economic development through creation of jobs and tax revenue

• Improvement of technology via practical usage

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Page 26: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

• In 2007, Virginia passed into law a voluntary Renewable Portfolio Standard (RPS):

• Dominion is growing its renewable portfolio to reach 15% by 2025• Evaluating all available options to meet targets

– Existing utility-owned renewable generation– Build new renewable facilities in Virginia– Purchase Renewable Energy Credits (RECs)

• North Carolina RPS requirements

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Page 27: ~27,500 MW of electric generation 6,300 miles of electric transmission 11,000 miles of natural gas transmission, gathering and storage pipeline 947 billion

• Residential programs include:– Air Conditioner Cycling – Low-Income Audit – Residential Bundle

• Home Energy Check-Up• Residential Duct Testing & Sealing• Heat Pump Tune-Up • Heat Pump Upgrade

• Commercial programs include:– Commercial Audit– Commercial Duct Testing & Sealing – Commercial Distributed Generation

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• Energy assistance programs– EnergyShare program provides heating and cooling assistance to those in financial need in Virginia and heating assistance in North Carolina and Ohio

• Funds come from Dominion, stockholders, employees and customers

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Save Pleasure House Point!• Community investment program− Preserving Pleasure House Point

• In December 2011, the Dominion Foundation provided the Trust for Public Land with a $500,000 grant toward the purchase of Pleasure House Point in Virginia Beach, VA

• Pleasure House Point is a 122-acre tract of undeveloped land between the Lynnhaven River and the Chesapeake Bay

• The Virginia Beach City Council on December 11, 2012, voted to approve a Conditional Use Permit for the Chesapeake Bay Foundation (CBF) to construct what will be the most environmentally sustainable building in Virginia, located at Pleasure House Point.

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• Engaging stakeholders– Corporate Social Responsibility/Sustainability Report– IRP Stakeholder process– In 2012, Governor McDonnell hosted a round table

discussion on Corporate Sustainability – Dominion participated.

– Jointed VMA’s Sustaining Virginia program, EPA’s Natural Gas Star program (DTI), EPRI Sustainability Interest Group, Arbor Day Foundation’s Tree Line USA program (DVP)

– Created [email protected]– Completed Water Carbon Disclosure Project survey

and added of water metrics to www.dom.com

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April 2012: Round table discussion with Governor McDonnell

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• Engaging our employees– Created Director of Sustainability position,

Staff Level Sustainability Team, Executive Sustainability Council

– Pre-existing Nuclear Green Team– Created [email protected]– Created a Sustainability Speaker Series– Published multiple internal articles for

employees on sustainability– Developed employee energy audit team

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