Company News
Eversource Energy (formerly Northeast Utilities) reported higher year-end earnings fueled by a strong fourth quarter and a drop in operating costs.
DTE Energy’s fourth-quarter earnings soared 141%, largely on growth in its non-utility operations.
The Virginia General Assembly passed a bill that would temporarily suspend the State Corporation Commission’s review of Dominion Virginia Power’s rates.
News briefs on companies doing business with RTOs. This week we include Duke, Entergy, PPL, Ameren, FirstEnergy, Dominion, TVA and PSE&G.
Dynegy has reached a settlement with PJM’s Market Monitor to alleviate market power concerns over its purchase of 12,400 MW of generation from Duke and ECP.
Exelon’s $6.8 billion bid to acquire Pepco took two steps forward when it gained approvals from both the New Jersey BPU and the staff of the Delaware PSC.
The New Jersey Board of Public Utilities approved the Exelon takeover of Pepco Holdings Inc. in a settlement that will give Atlantic City Electric customers $62 million in rate credits.
Despite a drop in Q4 earnings, Entergy executives gave an upbeat outlook, citing stronger-than-expected growth in retail sales and forecasts of increasing industrial demand.
A Virginia Senate subcommittee has passed a bill that would freeze Dominion Virginia Power customers’ base rates and bar state regulators from reviewing the utility’s revenue until after 2020.
The SPP Board of Directors elected Mike Ross as senior vice president of government affairs and PR and Malinda See as vice president of corporate services.
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