Skip to main content
Dominion Energy10-K: Inflation impact

CVOW project hit by recurring cost overruns, including a $103M charge in late 2024

What happened

Prior to a larger 2025 charge, the company recorded a $103 million charge in Q4 2024 for its share of unrecoverable costs on the CVOW project. This pattern of recurring write-offs due to increased costs for interconnection and network upgrades highlights ongoing struggles with cost forecasting and managing large-scale infrastructure projects.

Source

SEC EDGARFeb 23, 2026

Annual report (Form 10-K)

Dominion Energy 10-K for FY2025

Filing excerpt

In the fourth quarter of 2024, Dominion Energy recorded a net $103 million ($77 million after-tax) charge for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project as a result of a revised total project cost estimate that included a revised estimate of network upgrade costs assigned by PJM to the CVOW Commercial Project...

sec.gov/Archives/edgar/data/103682/000119312526063120/d-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Inflation impact

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 23, 2026

More 10-K signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$103M (Charge for unrecoverable costs on the CVOW Commercial Project in Q4 2024.)

Details

CIK
103682
Accession number
0001193125-26-063120
Timeframe
Current year
Filing year
2026
Why it matters
Efficiency tools needed
Signal category
Operations

Topics and mentions

Technologies

  • offshore wind

Vendors

  • PJM

Regions named

  • Virginia

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
inflationImpact

Use this data

Get every 10-K signal for Dominion Energy and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Dominion Energy this week?”

  2. Send it to your own tools

    The Signal API returns 10-K signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/e5b2275a-771e-40f0-8c6f-d9115dead570 returns this record as JSON. POST /v1/companies/enrich returns every signal for dominionenergy.com.

{
  "signal_id": "e5b2275a-771e-40f0-8c6f-d9115dead570",
  "signal_type": "sec-10k",
  "signal_subtype": "inflationImpact",
  "detected_at": "2026-02-24T09:21:41.004+00:00",
  "company": {
    "name": "Dominion Energy",
    "domain": "dominionenergy.com"
  },
  "data": {
    "detail": "Prior to a larger 2025 charge, the company recorded a $103 million charge in Q4 2024 for its share of unrecoverable costs on the CVOW project. This pattern of recurring write-offs due to increased costs for interconnection and network upgrades highlights ongoing struggles with cost forecasting and managing large-scale infrastructure projects.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Charge for unrecoverable costs on the CVOW Commercial Project in Q4 2024.",
      "dollar_millions": 103
    },
    "summary": "CVOW project hit by recurring cost overruns, including a $103M charge in late 2024",
    "excerpts": "In the fourth quarter of 2024, Dominion Energy recorded a net $103 million ($77 million after-tax) charge for Virginia Power’s share of costs not expected to be recovered from customers on the CVOW Commercial Project as a result of a revised total project cost estimate that included a revised estimate of network upgrade costs assigned by PJM to the CVOW Commercial Project...",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/103682/000119312526063120/d-20251231.htm",
    "filing_date": "2026-02-23",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Efficiency tools needed",
    "signal_category": "operations",
    "regions_mentioned": [
      "Virginia"
    ],
    "vendors_mentioned": [
      "PJM"
    ],
    "technologies_mentioned": [
      "offshore wind"
    ]
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.