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How is Dominion Energy’s 2025 IRP Update different than the Company’s 2024 IRP?
The 2025 IRP Update is considered an update filing, meaning it serves as a mid-cycle revision to Dominion Energy’s 2024 IRP. As such, it is not subject to a formal evidentiary proceeding before the SCC or NCUC. Instead, the update is intended to inform stakeholders and regulators of significant developments since the 2024 IRP. It includes revised forecasts for electricity demand, updated assessments of resource adequacy, and adjustments to reflect evolving market conditions.