Dominion Energy, Inc
Q2 2022 Earnings Call
Aug 08, 2022, 10:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Welcome to the Dominion Energy second quarter earnings conference call. [Operator instructions] I would now like to turn the call over to David McFarland, director of investor relations.
David McFarland -- Director, Investor Relations
Good morning, and thank you for joining today's call. Earnings materials, including today's prepared remarks, may contain forward-looking statements and estimates that are subject to various risks and uncertainties. Please refer to our SEC filings, including our most recent annual reports on Form 10-K and our quarterly reports on Form 10-Q, for a discussion of factors that may cause results to differ from management's estimates and expectations. This morning, we'll discuss some measures of our company's performance that differ from those recognized by GAAP.
Reconciliation of non-GAAP measures to the most directly comparable GAAP measures, financial measures which we can calculate, are contained in the earnings release kit. I encourage you to visit our investor relations website to review webcast slides, as well as the earnings release kit. Joining today's call are Bob Blue, chair, president, and chief executive officer; Jim Chapman, executive vice president, chief financial officer; and Diane Leopold, executive vice president, chief operating officer. I will now turn the call over to Bob.
Bob Blue -- Chairman, President, and Chief Executive Officer
Thank you, David, and good morning, everyone. We had another solid quarter and are well-positioned to meet our expectations for the year. We're steadily executing on the largest decarbonization investment opportunity in the country as outlined on our fourth quarter call in February. The successful execution of this plan is already benefiting our customers, communities, the environment, and our investors.
I'll begin with safety on Slide 4. For June, our OSHA recordable rate was 0.52, which remains low relative to our historical levels and substantially below industry averages. We take pride in our relentless focus on safety, and it is the first of our company's core values. Now, I'll turn to updates around the execution of our growth plan.
First at Dominion Energy Virginia. Our regulated offshore wind project development continues to be on schedule and on budget. On Friday, we received approval from the Virginia SCC for our rider and the CPCN for onshore transmission. The commission concluded that the project is in the public interest and that our request for cost recovery associated with the project met all requirements as called for in the VCEA.