Latest Utilities News
At least 1 dead in Florida as storms continue to pummel the South. DeSantis declares emergency
TALLAHASSEE, Fla. (AP) — Powerful storms packing hurricane-force winds killed at least one woman Friday in Florida as a week of deadly severe weather continued in the South, where uprooted trees crashed onto homes and knocked out electricity to thousands in several states. City...
Paranaense de Energia: Q1 Earnings Snapshot
CURITIBA, Brazil (AP) — CURITIBA, Brazil (AP) — Companhia Paranaense de Energia (ELP) on Thursday reported earnings of $107.3 million in its first quarter. On a per-share basis, the Curitiba, Brazil-based company said it had profit of 4 cents. The power company...
As electricity demand increases, California regulators OK change to how power bills are calculated
SACRAMENTO, Calif. (AP) — California regulators on Thursday voted to make it cheaper for people to charge electric cars and cool their homes in the summer, a decision heralded as part of the state's transition to clean energy but derided by others who warn it will raise prices for people who...
US utility pledges more transparency after lack of notice it empowered CEO to make plant decisions
NASHVILLE, Tenn. (AP) — The nation's largest public utility on Thursday pledged to be more transparent after it took months to disclose that a general budget vote by its board last year also gave the CEO the final decision over several proposed natural gas power plants. The...
Racial bias did not shape Mississippi's water funding decisions for capital city, EPA says
JACKSON, Miss. (AP) — The U.S. Environmental Protection Agency says it found “insufficient evidence” that racial discrimination shaped decisions made by two Mississippi agencies about water system funding for the state's majority-Black capital city of Jackson. The EPA's Office...
Middlesex Water: Q1 Earnings Snapshot
ISELIN, N.J. (AP) — ISELIN, N.J. (AP) — Middlesex Water Co. (MSEX) on Wednesday reported net income of $10.7 million in its first quarter. The Iselin, New Jersey-based company said it had profit of 59 cents per share. The water utility posted revenue of $40.5...
South Carolina Senate turns wide-ranging energy bill into resolution supporting more power
COLUMBIA, S.C. (AP) — A bill that power companies call vital to keeping the lights on in South Carolina has been turned into a resolution that only expresses support for the idea by the Senate, which wasn't ready to give more latitude to utilities that cost ratepayers billions. The...
Amplify Energy: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Amplify Energy Corp. (AMPY) on Wednesday reported a first-quarter loss of $9.4 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Houston-based company said it had a loss of 24 cents. The oil...
Unitil: Q1 Earnings Snapshot
HAMPTON, N.H. (AP) — HAMPTON, N.H. (AP) — Unitil Corp. (UTL) on Tuesday reported net income of $27.2 million in its first quarter. The Hampton, New Hampshire-based company said it had profit of $1.69 per share. The utility posted revenue of $178.7 million in the...
Par Petroleum: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Par Petroleum Corp. (PARR) on Monday reported a loss of $3.8 million in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, came to 69 cents per share. ...
