Dive Summary:

• Dominion Resources Inc. announced Wednesday that its second-quarter profits fell 23%, citing costs associated with storm-related outages and mild weather that drove energy use down.
• The company recorded $45 million in restoration costs, which resulted from June's storms.
• Dominion reported $258 million in earnings, down from $336 million during the same quarter in 2011.

From the article:

Energy provider Dominion Resources Inc. said Wednesday that costs related to summer storm outages and other charges, as well as declines in electricity use due to milder-than-normal weather, drove its second-quarter profit down about 23 percent. ...