5 Biggest Utility Companies in the US

4. Dominion Energy, Inc. (NYSE:D)

Market Capitalization as of December 23, 2022: $50.6 billion

Dominion Energy, Inc. (NYSE:D) is one of the largest electric utilities in the U.S., as it has a whopping 30 gigawatts of power generation in its portfolio. It also distributes gas and serves customers in several states.

Dominion Energy, Inc. (NYSE:D) is planning to build a huge 2.6 gigawatt wind energy plant in West Virginia. This facility is currently securing regulatory approval, with the Bureau of Ocean Energy Management (BOEM) opening a two month comment period on a draft environmental review in December 2022.

Insider Monkey took a look at 920 hedge funds for their third quarter of 2022 investments to discover that 29 had held a stake in Dominion Energy, Inc. (NYSE:D).

Dominion Energy, Inc. (NYSE:D)’s largest hedge fund investor is Ric Dillon’s Diamond Hill Capital which owns 3.2 million shares that are worth $223 million.