The economy forces tough decisions.
The economy has put state commissioners and regulated utilities in precarious positions. Seven state chairmen explain how they’re applying fair rate treatment.
The 40 Best Energy Companies
(September 2009) The industry’s best companies are weathering the financial storm reasonably well, with the F40 delivering equity returns in the 14-percent range for fiscal 2008. However, falling sales and rising costs are putting heavy pressure on balance sheets—and on regulatory relationships. Companies that balance customer value and shareholder value will be most likely to thrive in the new normal.
Dominion named Paul E. Ruppert as senior v.p.-Dominion Transmission. ITC Holdings Corp. appointed Edward M. Rahill to president of ITC Grid Development. Ameren Corp. promoted Karen Foss to senior v.p., communications and brand management, from v.p., public relations at Missouri subsidiary, AmerenUE.
NV Energy appointed Punam Mathur as v.p. of human resources.
DPL Inc. promoted Daniel McCabe to chief administrative officer and senior v.p., from senior v.p. Ameren Corp. announced that Thomas R. Voss will succeed Gary L. Rainwater as president and CEO effective May 1, with Rainwater remaining in the role of executive chairman. Pepco Holdings Inc. (PHI) announced that Joseph M. Rigby is president and CEO. And others...
Hawaiian Electric Industries named James A. Ajello senior financial v.p., treasurer and CFO. Black Hills Corp. selected Robert A. Myers as senior v.p. of human resources. Constellation Energy appointed Carim V. Khouzami as executive director, investor relations. And others...
Building reactors requires new federal commitment.
Several key barriers prevent the construction of a new U.S. nuclear power fleet. These barriers must be overcome to prevent a power-shortfall emergency.
Risk avoidance drives utility stock performance.
Utility stocks historically have been a safe haven, a stable, long-term investment for widows and orphans. However, with banks collapsing and the economy falling into a recession, utility stocks as a whole recently have performed poorly, with our portfolio of 75 companies losing $200 billion in market value in 2008.
El Paso Electric (EPE) selected David W. Stevens as CEO. DPL Inc. promoted Frederick J. Boyle to senior vice president, CFO and treasurer of DPL and its principal subsidiary, The Dayton Power and Light Co. Great Plains Energy named Todd Kobayashi v.p., strategy and risk management. Consumers Energy promoted Richard J. Ford to vice president of energy delivery. And others...