They asked regulators in three states and at a federal agency to approve a deal that would create a combined company with 10 million customers across the Southeast. The partnership between NextEra Energy and Dominion Energy would merge operations, power infrastructure, and customer bases, potentially streamlining services and reducing costs. The proposal involves 10 million customers, spanning states such as Florida, Georgia, and North Carolina, and would be overseen by the Federal Energy Regulatory Commission and state public utility commissions.

Industry analysts note that the merger could influence grid reliability and renewable energy deployment, as both firms have significant renewable portfolios. Regulators will examine the impact on rates, competition, and service quality. The deal, if approved, would create one of the largest utilities in the region, positioning the new entity to invest in grid modernization and energy storage.

Both companies have previously announced intentions to expand renewable generation capacity, and the merger could accelerate these plans. Stakeholders will monitor regulatory filings, shareholder votes, and public comments in the coming months. The merger also carries potential environmental benefits, as combined resources could accelerate the deployment of solar and wind projects, reducing carbon footprints across the Southeast.