Gas utilities - Strategic Insights Report (Page 23)

Public utilities

Washington Water Power Company Introduces Trade Ally Program for Commercial and Industrial Customers

The Washington Water Power Company (WWP) has introduced a comprehensive demand-side management program to help its commercial and industrial customers overcome financial and technical barriers to implementing energy conservation measures. The Trade Ally program includes funding for project studies, low-cost financing, and technical design assistance to encourage more energy efficiency

Electric utilities

Public Service Enterprise Group Announces Corporate Reorganization to Enhance Competitiveness

Public Service Enterprise Group Incorporated (NYSE: PEG) has announced a corporate reorganization, aimed at enhancing its competitiveness in the increasingly deregulated energy market. The reorganization includes the creation of a ventures and services corporation and the establishment of separate business units within Public Service Electric and Gas Company (PSE&

Electric utilities

Electricity Restructuring and its Impact on the Natural Gas Industry

A major topic of discussion at the Fourth Annual Dept of Energy National Assn of Regulatory Utility Commissioners Natural Gas Conference was the effect of electricity deregulation on the natural gas industry. Conference attendees were divided on whether deregulation would lead to increased or decreased natural gas demand, with some

Gas industry

LG&E Energy Corp. Acquires Hadson Corporation for $143 Million

LG&E Energy Corp., a diversified utility holding company, has reached definitive agreements with Hadson Corporation to purchase its natural gas marketing, gathering, and processing company for $143 million. The acquisition involves all Hadson subsidiaries, including Hadson Gas Systems Inc., and 1,300 miles of gas gathering systems, gas

Gas industry

Southeastern Michigan Gas Enterprises Reports Improved Net Income in 1994

Southeastern Michigan Gas Enterprises, Inc., a leading natural gas marketer, reported a significant increase in net income for the year 1994. Led by President and Chief Executive Officer Ward N. Kirby, the company witnessed improved results from its natural gas marketing operations, interest savings from debt refinancing, and lower depletion

Electric utilities

CMS Energy Corporation Reports 1994 Net Income of $179 Million

CMS Energy Corporation, a diversified energy company, announced its 1994 net income grew to $179 million, or $2.09 per share, a 10 percent increase from 1993 earnings per share of $1.90. Net income increased by 15 percent during the year, while common dividends were raised by 17 percent

Electric utilities

NYSEG Reports Encouraging Earnings Results in 1994

New York State Electric & Gas Corporation (NYSEG) has announced its financial results for the 1994 fiscal year, showing earnings available for common stock of $169 million or $2.37 per share. This is a significant improvement from 1993, where earnings were reduced by 25 cents per share due to

Gas industry

NUI Corporation Receives Approval for Rate Increase from Florida Public Service Commission

The Florida Public Service Commission has approved a settlement agreement with City Gas Company, a division of NUI Corporation, on its general rate case filed in May 1994. The agreement provides for an annual increase in revenues of $1.6 million and a return on equity of 11.3 percent,

Gas industry

Stewart & Stevenson Completes World's Largest Molten-Carbonate Fuel Cell Power Plant

Stewart & Stevenson Services, Inc., a leading manufacturer of diesel and gas turbine powered equipment, has completed and shipped a major part of the world's largest molten-carbonate fuel cell power plant to Unocal Corporation in Brea, California. The fuel cell power plant is a demonstration project funded by

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