earnings
Pinnacle West Capital, parent of APS, earned $276 million ($2.46/share) in the third quarter, compared with $263 million during the same period in 2016.
Eversource Energy reported third-quarter earnings of $260.4 million ($0.82/share), down nearly 2% from the same quarter in 2016.
Consolidated Edison’s Q3 earnings fell 8% to $457 million ($1.48/share), a drop the company attributed to changes in its rate plan and regulatory charges.
Alliant Energy announced a quarterly profit of $174.3 million ($0.75/share), down from $179.7 million ($0.80/share) a year earlier.
NRG Energy earned $171 million ($0.53/share) last quarter, compared with $402 million ($1.27/share) in the same period last year.
The tax bill introduced by House Republicans would trim the wind production tax credit by more than a third and eliminate the credit for electric vehicles.
Calpine reported Wednesday that it earned $225 million in the third quarter ($0.63/share), down 24% from $295 million ($0.83/share) a year earlier.
Edison International says its grid will help California meet its clean energy goals, but infrastructure and market improvements are still needed.
Sempra Energy’s financial results were hobbled by a decision to deny subsidiary SDG&E request to recoup losses stemming from wildfires a decade ago.
FirstEnergy supports the DOE's call to support nuclear and coal-fired units, but that won’t stop the company from selling off its merchant generation fleet.
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