Thu, May 17, 2012, 7:25 AM NZST - New Zealand Markets open in 2 hrs 5 mins

Utilities

  • The new chief executive of Northeast Utilities said Wednesday that New England's largest utility has its work cut out for it following two storms last year that damaged power lines and the company's reputation.CEO ...

  • Shares of some top utilities companies are mixed at 10 a.m.:American Electric Power Co. rose $.02 or .1 percent, to $37.64.Consolidated Edison Inc. Holding Co. fell $.07 or .1 percent, to $58.68.Dominion ...

  • Shares of some top utilities companies were mixed at the close of trading:American Electric Power Co. fell $.64 or 1.7 percent, to $37.62.Consolidated Edison Inc. Holding Co. fell $.27 or .5 percent, to ...

  • Midday Glance: Utilities companies AP - Wed, May 16, 2012 5:20 AM NZST

    Shares of some top utilities companies are mixed at 1 p.m.:American Electric Power Co. fell $.59 or 1.5 percent, to $37.67.Consolidated Edison Inc. Holding Co. fell $.27 or .5 percent, to $58.75.Dominion ...

  • Vt. utilities see growing 'smart meter' opposition AP - Tue, May 15, 2012 2:02 AM NZST
    Vt. utilities see growing 'smart meter' opposition

    Worries about health effects, privacy and cost are fueling growing opposition to wireless, digital "smart meters" that utilities around the country are installing at homes and businesses and ...

  • Smart meter foes make case to Maine Supreme Court AP - Fri, May 11, 2012 6:31 AM NZST

    Maine Supreme court justices on Thursday questioned whether utilities regulators shirked their responsibility for ensuring the safety of "smart meters" when they allowed customers to opt out ...

  • Earnings: How the utilities are faring AP - Sat, May 5, 2012 9:09 AM NZST

    A look at this week's earnings from select utilities:— Duke Energy Corp.'s earnings fell 42 percent in the first quarter because of cost overruns at a coal plant under construction in Indiana. The North ...

  • AES 1Q profit rises 52 percent on new businesses AP - Sat, May 5, 2012 4:21 AM NZST

    AES Corp. posted a 52 percent jump in first-quarter net income Friday thanks to new businesses in the U.S. and overseas, as well as higher volumes at its Latin American utilities.The company left its forecast ...

  • Coal shares lower on analysts' views, weak demand AP - Thu, May 3, 2012 10:53 AM NZST

    Shares of Arch Coal Inc. and Consol Energy Inc. fell Wednesday after analysts lowered some of their ratings because of weak demand, as many utilities switch to cheaper natural gas to generate electricity.Citi ...

  • APNewsBreak: ND companies protest coal tax AP - Wed, May 2, 2012 11:56 AM NZST

    Two electric utilities have paid almost $5.2 million in coal taxes under protest, arguing they won't owe the money if North Dakota voters decide to abolish property taxes in the state.Basin Electric Power ...

  • Monday's Top Upgrades (and Downgrades) Motley Fool - Tue, May 1, 2012 8:18 AM NZST

    Analysts shift stances on Procter & Gamble, SUPERVALU, and iShares S&P Global Utilities.

  • Kyrgyzstan's eternal flame snuffed out AP - Thu, Apr 26, 2012 3:32 AM NZST

    When is an "Eternal Flame" not eternal? In Kyrgyzstan, it's when you don't pay the gas bill.A utilities company in the economically struggling former Soviet nation has turned off the gas supply ...

  • Maine regulators pave way for US tidal power AP - Wed, Apr 25, 2012 11:55 AM NZST
    Maine regulators pave way for US tidal power

    Maine regulators on Tuesday put three utilities on the path to distribute electricity harnessed from tides at the nation's eastern tip, a key milestone in a bid to turn the natural rise and fall of ocean ...

  • APNewsBreak: Regulators pave way for tidal power AP - Wed, Apr 25, 2012 6:51 AM NZST

    Maine regulators have put three utilities on the path to buy electricity harnessed from the ocean's tides.The head of the company behind the project says it will be the "first long-term power purchase ...

  • Vt power merger critics push for House debate AP - Tue, Apr 24, 2012 3:42 AM NZST

    This could be the climactic week in an effort by some Vermont lawmakers to get the Legislature to intervene in the proposed merger of Vermont's two largest electric utilities.The House may be asked to ...

  • Ark. groups fail in attempt to bounce incentives AP - Fri, Apr 20, 2012 2:38 AM NZST

    The Arkansas Court of Appeals has upheld rules by the state Public Service Commission that established incentives for utilities that deliver energy-conservation services.The court on Wednesday turned away ...

  • NY governor's task force seeks energy proposals AP - Fri, Apr 13, 2012 3:04 AM NZST

    A New York task force has issued a request for information about potential energy projects from private developers, investor-owned utilities, investors and others as a step toward bolstering the state's ...

  • Northeast Utilities, NStar close $5B deal AP - Wed, Apr 11, 2012 9:03 AM NZST

    Following 18 months of federal and state review, Northeast Utilities closed Tuesday on its $5 billion purchase of NStar, creating one of the biggest utilities in the United States.The newly combined company ...

  • Northeast Utilities, NStar close on $5B deal AP - Wed, Apr 11, 2012 4:06 AM NZST

    Following 18 months of federal and state review, Northeast Utilities closed Tuesday on its $5 billion purchase of NStar, creating the biggest utility in New England.The newly combined company operates ...

  • Conn.-based Northeast Utilities buys NStar for $5B AP - Wed, Apr 11, 2012 2:43 AM NZST

    Hartford, Conn.-based Northeast Utilities has closed on its $5 billion purchase of a Boston-based energy company, creating one of the biggest U.S. utility companies.The companies announced Tuesday morning ...

  • PSNH says scrubber reducing most mercury emissions AP - Tue, Apr 10, 2012 1:21 AM NZST

    Public Service of New Hampshire, a unit of Northeast Utilities, says the construction of a scrubber at its Bow power plant has reduced mercury emissions by about 98 percent.The scrubber was mandated by ...

  • Mass. Senate passes bill on energy costs AP - Sat, Apr 7, 2012 2:42 AM NZST

    The Massachusetts Senate has unanimously passed a bill that aims to curb energy costs while requiring state utilities to buy more renewable power.The bill passed Thursday requires utilities to enter long-term ...

  • Entergy makes new top appointments AP - Fri, Apr 6, 2012 4:59 AM NZST

    Power provider Entergy Corp. has appointed a new president of its regulated utilities.Theodore Bunting Jr. assumes the post on June 1, replacing the retiring Gary Taylor. Bunting is currently a company ...

  • Mass. regulators give OK to NU-NStar utility deal AP - Thu, Apr 5, 2012 2:46 PM NZST

    Massachusetts regulators have approved Hartford, Conn.-based Northeast Utilities' $5 billion purchase of a Boston-based energy company, clearing the way for the formation of one of the biggest U.S. utility ...

  • Conn. regulators OK $4.9 billion utility deal AP - Tue, Apr 3, 2012 2:46 PM NZST

    Connecticut utility regulators have formally approved a state settlement that would allow Hartford-based Northeast Utilities to buy Massachusetts energy company NStar for $4.9 billion.Massachusetts regulators ...

  • SD panel ends bid to seek assets of seed company AP - Fri, Mar 30, 2012 2:28 AM NZDT

    A South Dakota regulatory commission has abandoned its attempt to seek the assets of a sunflower seed company that owes farmers in South Dakota and North Dakota an estimated $4 million.The Public Utilities ...

  • Regulator approves new Idaho Power pricing plan AP - Thu, Mar 29, 2012 5:15 AM NZDT

    State regulators have approved a new pricing plan for some Idaho Power Company residential customers who agree to shift the times they use electricity.The Idaho Public Utilities Commission agreed Tuesday ...

  • Vt. governor's administration backs utility merger AP - Thu, Mar 29, 2012 4:14 AM NZDT

    The administration of Vermont Gov. Peter Shumlin said Tuesday that enough changes had been made in a proposed merger between the state's two largest utilities to make it a good deal and that it's getting ...

  • Vt. governor's administration gets behind merger AP - Wed, Mar 28, 2012 5:49 AM NZDT

    The administration of Gov. Peter Shumlin is saying enough changes have been made in a proposed merger between Vermont's two largest utilities to make it a good deal, and is getting behind it.Public Service ...

  • Conn. regulators: preliminary OK to utility deal AP - Tue, Mar 27, 2012 1:11 PM NZDT

    Connecticut utility regulators have given preliminary approval to a settlement with the state that would help clear the way for Northeast Utilities to purchase Massachusetts energy company NStar for $4.9 ...

  • Conn. regulators set hearing for NU-NStar deal AP - Sat, Mar 24, 2012 4:16 AM NZDT

    Connecticut regulators have scheduled a hearing on the state's proposed agreement approving Northeast Utilities' $4.9 billion purchase of a Massachusetts energy company.The Connecticut Public Utilities ...

  • Mass. committee advances bill on clean energy AP - Thu, Mar 22, 2012 3:22 AM NZDT

    A key Massachusetts legislative committee on Tuesday advanced a bill that forces clean energy companies to compete for contracts while boosting the amount of renewable power state utilities must buy.The ...

  • Inflation in debt-hit Ireland eases to 2.1 percent AP - Fri, Mar 16, 2012 1:28 AM NZDT

    Government statisticians say inflation in Ireland has eased to 2.1 percent, though the cost of energy, education and utilities continued to rise.The Central Statistics Office says Ireland's annual inflation ...

  • State plan for Detroit finances would shift power AP - Thu, Mar 15, 2012 1:45 AM NZDT

    State officials aiming to put cash-strapped Detroit on a strict financial diet delivered an ultimatum Tuesday with a plan to shift political power, consolidate public utilities and shrink city staff and ...

  • Rate credit hammered out in Conn. utility deal AP - Wed, Mar 14, 2012 11:13 AM NZDT

    Northeast Utilities has agreed to a rate credit for customers, a separate rate freeze for distribution costs, $300 million for system improvements and other demands by Connecticut in exchange for state ...

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