COVID Stimulus Watch Individual Entry

Recipient Company:
Virginia Elec & Power Co
Loan or Loan Guarantee Amount:
$3,300,755

Recipient Details

Ownership Structure: publicly traded (ticker symbol D)

Award Details

Award Date: Jun 28, 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
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 icon
Employment-related Penalties: $3,842,833
Contracting icon
Government-contracting-related Penalties: $2,219,974
Environment icon
Environmental / Healthcare / Safety Penalties: $31,131,548
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $289,000,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 119 to 1
CEO Compensation: $17,257,035
Worker Median Pay: $145,136
Tax icon
Total Federal, State, and Local Subsidies: $554,555,967
Federal Corporate Income Tax Rate: -1.5%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources