COVID Stimulus Watch Individual Entry
Recipient Company:
Dominion Energy Inc
Loan or Loan Guarantee Amount:
$1,049,500
Recipient Details
Ownership Structure: publicly traded (ticker symbol D)
Award Details
Award Date: Nov 16, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Dominion Energy
Headquartered in: Virginia
Parent Sector: utilities and power generation
Parent Industry: utilities
Employees (prior to pandemic): 19,100
Accountability Issues Since 2010
Employment-related Penalties: $3,842,833
Government-contracting-related Penalties: $2,219,974
Environmental / Healthcare / Safety Penalties: $32,788,323
Consumer Protection / Financial / Competition-related Penalties: $151,500,000
Ratio of CEO Pay to that of Median Worker: 119 to 1
CEO Compensation: $17,257,035
Worker Median Pay: $145,136
Total Federal, State, and Local Subsidies: $554,656,870
Federal Corporate Income Tax Rate: -1.5%
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