Company News
PPL earnings from ongoing operations rose 11% to $1.67 billion last year, boosted by a 39% jump in the fourth quarter.
Electric vehicles and distributed energy resources are increasing the need for utilities to experiment and conduct market research.
ZEC legislation bolstered Exelon's earnings per share and helped save the Clinton nuclear generation plant.
Dominion Resources is rebranding itself as Dominion Energy, a change accompanied by a new logo and news of increased earnings.
Xcel Energy reported fourth-quarter revenue of $2.8 billion, up from $2.65 billion a year ago, but short of the expected $3.5 billion.
CMS Energy said that 2016 was their best year ever for generation reliability, and boosted earnings for the year to $551 million from $523 million in 2015.
WEC reported net income of $194.4 million for the fourth quarter. The earnings call focused largely on the company’s natural gas initiatives.
Arizona Public Service (APS) can continue to charge market-based rates in Tucson Electric Power’s balancing authority area, FERC ruled.
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
AEP reported fourth-quarter operating earnings of 67 cents/share, up almost 40% from a year earlier.
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