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News Breaks
March 20, 2013
10:24 EDTPEG, NEE, ETR, PPL, EXCExelon, Entergy to benefit from delayed nuclear rule, says UBS
After the Nuclear Regulatory Commission, or NRC, elected to delay for one year a decision on whether to require some nuclear reactors to install filtered vents, UBS believes the decision benefits primarily Excelon (EXC) and secondarily Entergy (ETR). The firm thinks the NRC will adopt a more site specific design criteria, and that the rule will not be enforced until 2017, versus the previous outlook for a 2016 deadline. The firm keeps a Neutral rating on Excelon and a Sell rating on Entergy.
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September 18, 2014
12:12 EDTEXCComEd to refund customers $46.2M, stemming from settlement of legal cases
ComEd, a unit of Exelon, announced that it will refund customers $46.2M. The refunds stem from settlement of long-pending legal cases brought by the Illinois Attorney Generalís Office, Citizens Utility Board and the Illinois Industrial Energy Consumers on issues related to depreciation costs in ComEdís 2007 rate case filing and from costs in the companyís smart meter pilot project in 2009. Average refunds for residential customers will total approximately $8 and will appear as a credit on November bills.
09:22 EDTPEGPSEG joins PennEast Pipeline Project
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September 17, 2014
13:01 EDTEXCPepco Holdings to host special shareholder meeting
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07:36 EDTETR, EXC, NEEWolfe Research to hold a conference
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September 16, 2014
11:01 EDTEXCComEd awarded grant from Energy Department for microgrid controller
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07:29 EDTETRBofA/Merrill to hold a conference
2014 Power and Gas Leaders Conference to be held in Boston on September 16-17.
September 11, 2014
18:21 EDTPPLFed Appeals Court sides with PPL, affirms NJ Court decision on new power plants
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