Latest Utilities News

Fortis: Q3 Earnings Snapshot

Nov. 05, 2024 06:36 AM EST

ST. JOHN`S, Newfoundland (AP) — ST. JOHN`S, Newfoundland (AP) — Fortis Inc. (FTS) on Tuesday reported third-quarter earnings of $307.9 million. The St. john`S, Newfoundland-based company said it had net income of 62 cents per share. The results surpassed Wall...

Par Petroleum: Q3 Earnings Snapshot

Nov. 04, 2024 17:13 PM EST

HOUSTON (AP) — HOUSTON (AP) — Par Petroleum Corp. (PARR) on Monday reported profit of $7.5 million in its third quarter. On a per-share basis, the Houston-based company said it had profit of 13 cents. Losses, adjusted for non-recurring gains, were 10 cents per share. ...

London protesters demand water companies clean up sewage-tainted rivers

Nov. 03, 2024 11:42 AM EST

LONDON (AP) — Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday to demand a cleanup of Britain’s sewage-clogged waterways. Organizers estimated that 15,000 people took part in the march along the...

PNM Resources: Q3 Earnings Snapshot

Nov. 01, 2024 06:53 AM EDT

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported earnings of $131.3 million in its third quarter. On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of $1.45. Earnings, adjusted for non-recurring...

Alliant Energy: Q3 Earnings Snapshot

Oct. 31, 2024 18:08 PM EDT

MADISON, Wis. (AP) — MADISON, Wis. (AP) — Alliant Energy Corp. (LNT) on Thursday reported third-quarter profit of $295 million. The Madison, Wisconsin-based company said it had net income of $1.15 per share. The results surpassed Wall Street expectations. The...

Middlesex Water: Q3 Earnings Snapshot

Oct. 31, 2024 16:52 PM EDT

ISELIN, N.J. (AP) — ISELIN, N.J. (AP) — Middlesex Water Co. (MSEX) on Thursday reported earnings of $14.3 million in its third quarter. On a per-share basis, the Iselin, New Jersey-based company said it had net income of 80 cents. The water utility posted revenue...

Czech power company CEZ signs deal with Britain's Rolls-Royce SMR to build modular nuclear reactors

Oct. 29, 2024 06:45 AM EDT

PRAGUE (AP) — The Czech power company CEZ signed a deal Tuesday with Britain’s Rolls-Royce SMR to form a strategic partnership to develop and deploy small modular nuclear reactors. Under the agreement, CEZ will acquire a 20% share in Rolls-Royce SMR for which it will pay several...

NorthWestern: Q3 Earnings Snapshot

Oct. 28, 2024 19:18 PM EDT

SIOUX FALLS, S.D. (AP) — SIOUX FALLS, S.D. (AP) — NorthWestern Corp. (NWE) on Monday reported third-quarter earnings of $46.8 million. The Sioux Falls, South Dakota-based company said it had profit of 76 cents per share. Earnings, adjusted for non-recurring gains, came to 65...

On Navajo Nation, a push to electrify more homes on the vast reservation

Oct. 27, 2024 18:34 PM EDT

HALCHITA, Utah (AP) — After a five-year wait, Lorraine Black and Ricky Gillis heard the rumblings of an electrical crew reach their home on the sprawling Navajo Nation. In five days' time, their home would be connected to the power grid, replacing their reliance on a few solar...

Mississippi’s new PSC energized by nuclear power, tepid over renewables

Oct. 25, 2024 11:12 AM EDT

“We’re open for business,” Northern District Public Service Commissioner Chris Brown said, a sentiment he repeated throughout the PSC’s “Nuclear Summit” on Tuesday. Brown and his colleagues – Central District Public Service Commissioner De’Keither Stamps and Southern...