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Energy Usage and Operational Updates, Conservation Plans, and Equipment Donations - Research Report on Duke Energy, Con Edison, PPL, FirstEnergy, and DTE Energy

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Investors' Reports

Jul 24, 2013, 08:25 ET

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NEW YORK, July 24, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Duke Energy Corporation (NYSE: DUK), Consolidated Edison, Inc. (NYSE: ED), PPL Corporation (NYSE: PPL), FirstEnergy Corp. (NYSE: FE), and DTE Energy Company (NYSE: DTE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Duke Energy Corporation Research Report

On July 9, 2013, Duke Energy Corporation (Duke Energy) announced that it will host an earnings conference call for analysts on August 7, 2013 at 10:00 a.m. ET, to discuss the Company's Q2 2013 financial performance and provide other business updates. The Company informed that the conference call will be hosted by Lynn Good, President and CEO of Duke Energy. In its Q1 2013 earnings release, Jim Rogers, Chairman of the Company, had commented, "Our first quarter earnings were consistent with our internal plan and we are affirming our 2013 earnings guidance range." Duke Energy expects full-year 2013 adjusted earnings of $4.20 to $4.45 per share. The Full Research Report on Duke Energy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-21/DUK]

Consolidated Edison, Inc. Research Report

On July 19, 2013, Consolidated Edison, Inc. (Con Edison) reported that the brutal heat and humidity led to all-time peak electric usage records in New York City and Westchester County, topping out at 13,322 MW at 5:00 p.m. It further stated that prior to July 19, 2013, the all-time peak record was 13,189 MW which was set on July 22, 2011. The record was broken at 2:00 p.m. on July 19, 2013, and usage grew through the afternoon. Con Edison continues to encourage customers to conserve energy as best as possible. According to the Company, the demand response programs, which pay large customers to cut back on power usage during heat waves, were helping to reduce electric demand by approximately 400 MW. The Company also said energy efficiency programs implemented by businesses and homes helped conserve electricity. The Full Research Report on Consolidated Edison, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-21/ED]

PPL Corporation Research Report

On July 21, 2013, PPL Corporation (PPL) announced that operators disconnected Unit 1 at the Company's Susquehanna nuclear power plant in northeastern Pennsylvania from the regional power grid to repair one of four valves that control the amount of steam going into the turbine. "Repairing the valve reflects our conservative approach to operating the plant safely and reliably," said Timothy S. Rausch, Senior Vice President and Chief Nuclear Officer of PPL Susquehanna. "The repair also supports optimal performance of the unit during the summer months when the demand for power is high." The Company expects to complete the repairs and reconnect Unit 1 to the power grid soon. The Full Research Report on PPL Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-22/PPL]

FirstEnergy Corp. Research Report

On July 17, 2013, FirstEnergy Corp. (FirstEnergy) announced that it is offering ways on how to stay comfortable while using electricity wisely during period of high demand. Further, the Company also announced that its personnel are monitoring the system closely and have staffing and resource plans in place, should any localized service interruptions occur as a result of the heat. "Even though the excessive heat has resulted in heavy electricity usage as our customers try to keep cool, our system is very robust and is designed to operate effectively even in these extreme conditions," said Charles E. Jones, President of FirstEnergy's Utilities. "We are monitoring the situation very closely and if our customers experience any localized service interruptions due to the heat, all they need to do is call and our crews will respond." The Full Research Report on FirstEnergy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-22/FE]

DTE Energy Company Research Report

On July 18, 2013, DTE Energy Company (DTE Energy) announced the donation of its professional meteorological equipment to three Huron County schools. The Company stated that the equipment was used by DTE Energy to measure various weather patterns and wind speeds in various locations of Huron County as the Company prepared to build wind energy parks in the county. DTE Energy informed that Laker School and the Huron Area Technical Center received anemometers, wind vanes, temperature sensors, barometric pressure sensors, dataloggers, solar panels, and instrument wire; while Harbor Beach High School and a school in Kinde will receive additional equipment in fall 2013. The Full Research Report on DTE Energy Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-22/DTE]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Investors' Reports

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