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Analysts Reduce Respective Price Targets on The Southern Company (SO)
Yahoo Finance· 2025-12-20 11:40
The Southern Company (NYSE:SO) is included among the 11 Best Utility Stocks to Invest in According to Hedge Funds. Analysts Reduce Respective Price Targets on The Southern Company (SO) eliza-diamond-Iw2oRD2NP2w-unsplash The Southern Company (NYSE:SO) is one of the largest producers of electricity in the United States and the largest wholesale provider in the Southeast. Together with its subsidiaries, the company delivers clean, safe, reliable, and affordable energy to its 9 million customers. On Decem ...
Xcel Energy (XEL) Sued for ‘Blatant Negligence’ in Wildfire Incident
Yahoo Finance· 2025-12-20 11:01
Xcel Energy Inc. (NASDAQ:XEL) is included among the 11 Best Utility Stocks to Invest in According to Hedge Funds. Xcel Energy (XEL) Sued for 'Blatent Negligence' in Wildfire Incident Xcel Energy Inc. (NASDAQ:XEL) engages in the generation, purchasing, transmission, distribution, and sale of electricity in the United States. It operates through the Regulated Electric Utility and Regulated Natural Gas Utility segments. On December 16, Morgan Stanley lowered its price target on Xcel Energy Inc. (NASDAQ:XEL ...
Settlement Reached in Multiple PUCO FirstEnergy Proceedings
Prnewswire· 2025-12-19 19:35
Core Insights - FirstEnergy Corp.'s Ohio electric companies have reached a settlement to provide $275 million to Ohio customers, resolving multiple Public Utilities Commission of Ohio (PUCO) matters [1][2] Settlement Details - The settlement addresses four PUCO proceedings, including Corporate Separation, Rider DMR, Rider DCR, and a review of Political and Charitable Spending [2] - The settlement will direct $250 million to all customers, with an additional $25 million specifically for residential customers, including $20 million for low-income assistance and energy efficiency programs [2][7] - Key parties involved in the settlement include various consumer advocacy groups and FirstEnergy's Ohio utilities [3] Future Investments - FirstEnergy plans to invest $14 billion in Ohio's transmission and distribution infrastructure from 2025 to 2029, aimed at enhancing reliability and supporting economic growth [4]
Georgia PSC approves plan to deliver savings for electric customers, meet energy demands of a growing state
Prnewswire· 2025-12-19 18:26
Plan will deliver estimated savings of approximately $102 per year for the typical residential customer; Growth continues to create thousands of new jobs and billions of dollars of positive economic impact expected across Georgia ATLANTA, Dec. 19, 2025 /PRNewswire/ -- Georgia Power announced today that the Georgia Public Service Commission (PSC) has approved a plan which will allow the company to proceed with procuring approximately 9,900 megawatts (MW) of diverse, cost-effective generation resources to ser ...
110千伏继洲变建成投运
Xin Lang Cai Jing· 2025-12-19 17:25
Core Viewpoint - The 110 kV Jizhou Substation has successfully entered a 24-hour trial operation phase, enhancing the power supply capacity for the Niuli Industrial Park in Qujiang District, which is crucial for supporting high-quality industrial development in the region [1][2]. Group 1: Project Overview - The 110 kV Jizhou Substation is located in Niuli Town, Qujiang District, featuring a semi-indoor GIS intelligent substation design with a total capacity of 100 MVA from two main transformers [1]. - The substation includes two 110 kV incoming lines and 24 outgoing lines at 10 kV, set to replace the 35 kV Niuli Substation as the new power supply hub for the industrial park [1]. Group 2: Quality Assurance and Management - The construction of the 110 kV Jizhou Substation involved multiple departments, including power supply, design, and construction, to ensure rigorous design and construction reviews [2]. - A three-tier acceptance system was implemented, involving self-acceptance by the construction unit, comprehensive acceptance by operation and maintenance professionals, and specialized acceptance by an evaluation team, ensuring high-quality standards [2]. Group 3: Seasonal Relevance and Future Plans - The commissioning of the Jizhou Substation coincides with the critical winter peak demand period, providing a robust power supply to withstand extreme weather impacts [2]. - The company plans to continue enhancing power grid planning and construction, focusing on upgrading and optimizing the grid structure and improving the reliability of power supply to support local economic and social development [2].
ComEd Awards $500,000 EV Charging Rebate to bp pulse
Businesswire· 2025-12-19 17:00
Core Insights - ComEd has presented a $500,000 electric vehicle (EV) rebate check to bp pulse to support infrastructure upgrades for EV charging [1] - The initiative will facilitate the installation of 40 new ultrafast EV charging ports near O'Hare Airport (ORD) [1] - This project aims to enhance EV charging access for local vehicle operators and rideshare drivers, aligning with ComEd and state goals [1] Company and Industry Summary - ComEd is actively investing in EV infrastructure to promote the adoption of electric vehicles [1] - The partnership with bp pulse signifies a collaborative effort to improve charging options in public sites [1] - The establishment of the charging hub is part of broader efforts to increase EV charging accessibility in the region [1]
Duke Energy vs. Exelon: Which Power Utility Stock Offers More Upside?
ZACKS· 2025-12-19 13:41
Key Takeaways EXC focuses on regulated transmission and distribution, with decoupled revenues supporting stable earnings.DUK is expanding renewables and investing heavily to retire coal and support long-term clean energy goals.Both utilities are boosting capital spending to strengthen grids and support renewable energy growth.Utility service providers benefit from several positive factors, including increased electricity tariffs, accretive acquisitions, cost reductions, and the deployment of energy-efficien ...
NRG Energy and Sunrun Partner to Expand Distributed Energy in Texas
ZACKS· 2025-12-19 13:41
Core Idea - NRG Energy has formed a multi-year partnership with Sunrun to offer solar-plus-storage systems to Texas homeowners through its retail brand, Reliant [1][5] Partnership Objectives - The partnership aims to connect home battery storage systems to create a virtual power plant, supplying excess clean power back to the grid and enhancing grid reliability during peak demand [2][4] Benefits to NRG Energy - This strategic alliance allows NRG to meet rising electricity demand driven by economic and population growth without the need for costly new power plants, leveraging existing home battery systems instead [3][8] - The partnership is expected to contribute to NRG's goal of establishing a 1-gigawatt virtual power plant by 2035, providing flexible energy capacity [5][8] Market Context - There is a growing demand for reliable clean energy due to economic developments, investments in AI-based data centers, electric vehicle usage, and weather variations [6] - Millions of U.S. households can contribute to grid stability by sending small amounts of electricity back to the grid [6] Performance Metrics - Over the past year, NRG's shares have increased by 70.9%, outperforming the industry growth of 20.5% [7]
Entergy Arkansas announces comprehensive plan to increase power capacity, reduce outages by at least 30%, power the state's growth and job-creation efforts and keep rates affordable
Prnewswire· 2025-12-19 13:23
Core Insights - Entergy Arkansas has launched "Next Generation Arkansas," a comprehensive plan aimed at enhancing electricity reliability, expanding energy supply, driving economic growth, and maintaining affordability for customers [1][2] Group 1: Reliability Improvements - The initiative includes one of the most ambitious reliability improvement plans in recent history, targeting a reduction in power outages by at least 30% over the coming years [3] - Investments will be made in advanced technology tools to improve power quality and reliability, alongside increased vegetation management to keep power lines clear [6] Group 2: Energy Supply Expansion - Arkansas is projected to experience a 35% increase in power needs over the next five years, with potential for this figure to more than double, prompting Entergy Arkansas to invest in new generation resources [4][5] - The company plans to invest in approximately 2,600 MW of new, fuel-efficient generation resources and repower about 1,600 MW of existing generation, pending regulatory approval [5][7] Group 3: Economic Growth and Job Creation - Over the past five years, Entergy Arkansas has partnered with state and community leaders to create more than 7,500 jobs and over $13 billion in capital investments [9] - The development of new power plants is expected to create approximately 1,860 direct jobs and generate over $105 million in new local and state tax revenue by 2030 [13] Group 4: Affordability Initiatives - Entergy Arkansas's rates are currently 22% below the national average, with ongoing efforts to reduce costs and increase efficiency to keep power affordable for all customers [11] - The company is implementing new rate structures and providing resources to help customers lower their bills, including energy-saving products and rebates [14]
California Cuts PG&E’s and Edison’s Profits for Grid Investments
Insurance Journal· 2025-12-19 06:00
Core Viewpoint - California regulators have reduced the profit margins for utilities on infrastructure investments to address rising electricity bills while balancing the need for grid fortification against wildfire risks [1][2]. Group 1: Regulatory Changes - The California Public Utilities Commission voted 4-1 to set profit returns for PG&E, Southern California Edison, and San Diego Gas & Electric in the range of 9.78% to 10.03%, which is slightly above the national average of approximately 9.72% [3]. - PG&E had requested a profit margin of 11.3%, while Southern California Edison and San Diego Gas & Electric sought margins of 11.75% and 11.25%, respectively [3]. Group 2: Financial Implications - The decision aims to mitigate the financial burden on consumers by controlling utility costs, which have been significantly impacted by the need for infrastructure improvements to prevent wildfires [2]. - The costs associated with fortifying the grid are expected to reach billions of dollars, which utilities typically pass on to consumers [2].