Utilities Promote Energy Savings, Seek Regulatory Approvals, Renew Contracts, and Test Equipment - Analyst Notes on Sempra Energy, Southern Company, Dominion, Duke Energy and FirstEnergy Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 9, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Sempra Energy (NYSE: SRE), Southern Company (NYSE: SO), Dominion Resources, Inc. (NYSE: D), Duke Energy Corp. (NYSE: DUK) and FirstEnergy Corp. (NYSE: FE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3479-100free.
Sempra Energy Analyst Notes
On June 4, 2014, Southern California Gas Co (SoCalGas), a Sempra Energy utility, announced that more of its customers can now take advantage of several state-sponsored, money-saving, no-cost customer assistance programs. SoCalGas' CARE program provides a 20% rate discount on the monthly natural gas bill for eligible households while the Energy Savings Assistance Program offers no-cost, energy-efficient home improvements to income-qualified homeowners/renters. SoCalGas also informed that its Gas Assistance Fund helps provide a one-time grant to qualified consumers during the winter who are unable to pay their bill while the Medical Baseline Allowance program assists customers with certain medical conditions that may need extra heating to sustain their health. The full analyst notes on Sempra Energy are available to download free of charge at:
Southern Company Analyst Notes
On June 3, 2014, Southern Company's SouthernLINC Wireless reported that it has renewed its statewide contract for portable 800 megahertz communication devices with Push To Talk two-way radio (PTT) service with the Alabama Department of Finance's Division of Purchasing, through October 2015. SouthernLINC Wireless, the exclusive multi-state provider of iDEN Push To Talk (PTT) and cellular services in the Southeast, has held this contract since 1997. The Company has proven its highly reliable network, which features built-in redundancies, power back-ups and security features designed to deliver consistent communications, even during and after major weather events such as Hurricane Katrina and 2014 winter storms Leon and Pax. Don Horsley, President and CEO of SouthernLINC Wireless commented, "SouthernLINC Wireless has consistently proven its value to the State of Alabama by giving state agencies a communications tool that is efficient and reliable. Serving the state of Alabama well is important to everyone here at SouthernLINC Wireless." The full analyst notes on Southern Company are available to download free of charge at:
Dominion Resources, Inc. Analyst Notes
On June 3, 2014, Dominion Resources, Inc. (Dominion) announced it is seeking approval from the Federal Energy Regulatory Commission (FERC) for its two projects - the New Market project and Clarington Project. With an estimated cost of $235 million, the two projects would provide additional natural gas supplies from the Appalachian Region. Diane Leopold, President of Dominion Energy remarked, "We are pleased that we can support our customers' growing needs. Natural gas produced from the Marcellus and Utica shales in the Appalachian region of West Virginia and Ohio is expected to continue its strong and rapid growth. Our interstate pipeline system is uniquely positioned to transport Appalachian production as our pipelines traverse the area of significant supply growth. Additional firm transportation capacity for new natural gas supplies for both projects also will alleviate the possibility of shortages by providing more gas to market." The Company stated that it has already filed the Certificates of Public Convenience and Necessity with the FERC. The full analyst notes on Dominion are available to download free of charge at:
Duke Energy Corp. Analyst Notes
On May 29, 2014, Duke Energy Corp. (Duke Energy) announced that it is requesting approval from state utility regulators for its comprehensive portfolio of energy efficiency programs for its customers. According to Duke Energy, starting January 2015, it wants to offer residential customers the following energy efficiency programs: Residential Smart Saver, Agency Assistance Portal, Appliance Recycling, Energy Education for Schools, Residential Neighborhood, My Home Energy Report, Power Manager, Multi-Family EE Products and Services, and Home Energy House Call. "Upon approval from the commission, we plan to continue offering energy efficiency programs similar to those that exist today. I encourage all customers to take full advantage of these valuable energy-saving opportunities," remarked Doug Esamann, Duke Energy State President - Indiana. The Company said that there will be no separate fess for these programs and that the costs will be included in customers' monthly utility bills under an energy efficiency rider. The full analyst notes on Duke Energy are available to download free of charge at:
FirstEnergy Corp. Analyst Notes
On May 30, 2014, FirstEnergy Corp. (FirstEnergy) announced that its subsidiary, Toledo Edison, is in the last stages of testing new equipment installed at two large substations that will help improve service reliability in the area and support the expected increase in demand for electricity during the summer months. Placed at the Toledo Edison substations near Sylvania and Oregon, the massive 345-kilovolt transformers represent an investment of $15 million in service reliability. The Company also announced that another substation has been completed, and a new 59-mile transmission line has been energized between substations in the area. The full analyst notes on FirstEnergy are available to download free of charge at:
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