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Dominion Retail Earnings Higher

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January 31, 2011

Dominion Retail recorded $65 million in operating earnings before interest and taxes for the fourth quarter, up from $51 million a year ago.

Total average customer count for the three months ended December 31, 2010 increased to 2.10 million, from 2.07 million as of September 30, 2010, and 1.78 million a year ago.

Average customer count by product line was as follows:
As of                             
   12/31/10     9/30/10      12/31/09
Natural Gas                       564,464     572,136      617,397
Electric                             766,304     750,003      483,473
Products and Services       764,629      749,986      674,347
Total                              2,095,397   2,072,125   1,775,217

Volumes sold for the three months ended December 31, 2010, versus the year-ago, were:
As of                            
Dec. 31 '10     Dec. 31 '09
Natural Gas (mmcf)           30,080               29,563  
Electricity (MWh)         3,212,379           2,153,717

Operating revenue from non-regulated retail electric sales was $294 million during the fourth quarter, versus $205 million a year ago.  Operating revenue from non-regulated retail gas sales was $247 million, versus $276 million a year ago

 

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