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As was typical of the day, the new company's earnings came overwhelmingly from transit, $1.4 million compared to $614,000 for business and consumer electricity in 1910.
In 1911 the company also acquired gas properties in Norfolk, Virginia, and entered the natural gas distribution business.
William Northrop, a Gould cousin and the new company's first president, died in 1912.
In 1925 VR&P was purchased by a syndicate headed by Stone & Webster, Inc., a New York engineering and consulting company.
In 1925, the name was changed to the Virginia Electric and Power Company (VEPCO), a regulated monopoly.
In 1926 Vepco received a 30-year public-transit franchise from the city of Richmond, over the mayor's veto; he objected to provisions governing tax revenues.
William E. Wood, Vepco's vice-president, succeeded Bradley in 1927 when Bradley left to head another utility company.
The company acquired new leadership in 1929, when Jack G. Holtzclaw became president a few months after Wood left for New York to become executive vice-president of the holding company, Engineers Public Service.
Vepco had received a license in 1929 from the Federal Power Commission to build the dam, but had not carried out construction during the Depression.
In 1930 Vepco also made its last major track expansion, the Broad Street extension to the Richmond city limits.
The transit operations were sold in 1944.
Vepco became independent in 1947, with 450,000 gas and electric customers.
The decision was upheld by the United States Supreme Court in 1953, and the project was begun.
Erwin Will succeeded Holtzclaw as president in 1956.
Alfred H. (Pete) McDowell, Jr., succeeded Will in 1958, Will remaining as board chairman.
In 1959 McDowell and Will observed that Vepco, unlike some utilities, did not depend on large customers in any one industry and had thus been insulated somewhat from economic hard times.
In 1965 Vepco's annual revenues were $215 million.
In 1980, VEPCO began branding itself as "Virginia Power," while branding its North Carolina operations as "North Carolina Power." Three years later, VEPCO reorganized as a holding company, Dominion Resources.
Vepco was buying cheap coal-fired power from adjacent utilities near midwestern coal fields at the time, in mid-1982, and was taking advantage of a freer market in bulk power.
1983: Dominion Resources, Inc. (DRI) is organized as a holding company for Vepco.
Dominion Resources was founded by William W. Berry in 1983 and is headquartered in Richmond, VA.“
By 1985, Dominion split its distribution operations among three operating companies: Virginia Power, North Carolina Power, and West Virginia Power.
The company formed a third subsidiary in 1987, Dominion Energy, a developer of power plants to perform in this open market.
In another move to diversify, Dominion launched its first venture into the national commercial lending business in 1994, when it joined forces with a Chicago-area lending firm called Household International, Inc.
In 1997, Dominion Energy gained ownership of UK power firm East Midlands Electricity, sold it to PowerGen, and the next year bought an Illinois power station from Unicom’s Commonwealth Edison.
By 2000, Dominion Energy had become one of the largest electric and gas utilities in the United States after purchasing Consolidated Natural Gas.
Dominion re-branded all of its operations in 2000 to Dominion from Virginia and North Carolina Power as well as Consolidated Gas in order to create a more unified energy company.
In a January 11, 2001 interview with Jack Cafferty of CNNfn, Capps critiqued the regulators' and the industry's poor handling of deregulation in California by contrast to the prudent, proactive, and visionary measures taken by Dominion.
Dominion Telecom was sold to Elantic Networks Inc. in 2004.
Triple Award Winner Apex 2011 Grand Award for Custom Publishing: “The design is superb, with varied and interesting spreads (making full use of historical, archival photos and illustrations) and very intelligent use of captions to help move the reader along.
IABC 2011 Gold Quill Awards, National Finalist in Publication Design: “Incredible volume of work that incorporates the last 100 years.
The acquisition was completed in September 2016.
In 2017, Dominion Resources rebranded itself to Dominion Energy, following with a new logo.
In July 2020, Dominion announced plants to sell natural gas transmission and storage assets to Berkshire Hathaway; the size of the deal is estimated at $10 billion.
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Dominion Energy may also be known as or be related to Dominion, Dominion Energy, Dominion Energy Fuel Services, Inc., Dominion Energy Inc, Dominion Energy Technologies and Dominion Resources (1983–2017) Virginia Electric and Power Company (VEPCO) (1925–1983) Virginia Railway and Power Company (1909–1925).