Company News
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.
FERC accepted a settlement that replaces the New York Power Authority’s (NYPA) stated transmission rates with a base Return on Equity.
Oncor's Technology, Demonstration and Education Center is a peek into the grid’s future, showcasing new technologies; including energy storage and DER.
NextEra Energy has won FERC approval to acquire Oncor, but is still facing questions from the PUCT and calls for more protections from stakeholders.
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