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Investor Owned Utility
Investor-owned utilities (IOUs) are private enterprises acting as public utilities A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and r .... Examples may range from a family that owns a well on their property to international energy conglomerates. References Public utilities {{business-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Utility
A public utility company (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies. Public utilities are meant to supply goods/services that are considered essential; water, gas, electricity, telephone, and other communication systems represent much of the public utility market. The transmission lines used in the transportation of electricity, or natural gas pipelines, have natural monopoly characteristics. If the infrastructure already exists in a given area, minimal benefit is gained through competing. In other words, these industries are characterized by ''economies of scale'' in production. There are many different types of public utilities. Some, especially large companies, offer multiple products, such as electricity and natu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern California Edison
Southern California Edison (or SCE Corp), the largest subsidiary of Edison International, is the primary electricity supply company for much of Southern California. It provides 15 million people with electricity across a service territory of approximately 50,000 square miles. However, the Los Angeles Department of Water and Power, San Diego Gas & Electric (SDG&E), Imperial Irrigation District, and some smaller municipal utilities serve substantial portions of the southern California territory. The northern part of the state is generally served by the Pacific Gas & Electric Company of San Francisco. Other investor-owned utilities (IOUs) in California include SDG&E, PacifiCorp, Bear Valley Electric, and Liberty Utilities. Southern California Edison (SCE) still owns all of its electrical transmission facilities and equipment, but the deregulation of California's electricity market in the late 1990s forced the company to sell many of its power plants, though some were probably sold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edison International
Edison International is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and unregulated non-utility business assets Edison Energy. Edison's roots trace back to Holt & Knupps, a company founded in 1886 as a provider of street lights in Visalia, California. History The company was first incorporated in 1909 as Southern California Edison Company after Southern California acquired the assets of Edison Electric Company; it was known as Southern California Edison until 1996, when it adopted its current name in recognition of its growing business abroad and in other industry sectors. Edison first became a holding company in 1988 when it made a small change to its original name, becoming known as SCEcorp. Edison International acquired the naming rights for the Los Angeles Angels' stadium (previously known as Anaheim Stadium) in 1998, in a deal running for 20 years. The company backed out of the naming rights deal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duke Energy
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. Overview Based in Charlotte, North Carolina, Duke Energy owns 58,200 megawatts of base-load and peak generation in the United States, which it distributes to its 7.2 million customers. The company has approximately 29,000 employees. Duke Energy's service territory covers with of distribution lines. Almost all of Duke Energy's Midwest generation comes from coal, natural gas, or oil, while half of its Carolinas generation comes from its nuclear power plants. During 2006, Duke Energy generated 148,798,332 megawatt-hours of electrical energy. Duke Energy Renewable Services (DERS), a subsidiary of Duke Energy, specializes in the development, ownership, and operation of various generation facilities throughout the United States. This segment of the company operates 1,700 megawatts of generation. 240 megawatts of wind generation were under construction and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DTE Energy Electric Company
DTE Electric Company (formerly The Detroit Edison Company) was founded in 1886. DTE Electric's power generation portfolio includes renewable energy, but is primarily generated by fossil fuels. In 2021, 67.32% of electricity generated by DTE came from coal, gas, and oil. The regional average fossil fuel mix was 62.84%. As of 2021, DTE's emission levels of Carbon Dioxide, Sulfur Dioxide, Nitrogen Oxides, and High-Level nuclear waste are higher than regional averages. History Detroit Edison was part of a large holding company called North American Edison Company. North American's stock had once been one of the twelve component stocks of the May 1896 original Dow Jones Industrial Average.Jeremy J. Siegel, ''Stocks for the Long Run'', McGraw-Hill, Second Edition, 1998, North American Company was broken up by the Securities and Exchange Commission, following the United States Supreme Court decision of April 1, 1946. FindLaw.com After that, Detroit Edison operated independently, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominion Energy
Dominion Energy, Inc., commonly referred to as Dominion, is a North American power and energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia, North Carolina, and South Carolina and supplies natural gas to parts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia. Dominion also has generation facilities in Indiana, Illinois, Connecticut, and Rhode Island. The company acquired Questar Corporation in the Western United States, including parts of Utah and Wyoming, in September 2016. In January 2019, Dominion Energy completed its acquisition of SCANA Corporation. Overview The company's asset portfolio includes 27,000 megawatts of power generation, of electric transmission lines, of distribution lines, of natural gas transmission, gathering and storage pipeline, and equivalent of natural gas and oil reserves. Dominion also operates the nation's largest natural gas storage facility, amo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumers Energy
Consumers Energy is an investor owned utility that provides natural gas and electricity to 6.7 million of Michigan's 10 million residents. It serves customers in all 68 of the state's Lower Peninsula counties. It is the primary subsidiary of CMS Energy. The company was founded in 1886 and is currently headquartered in Jackson, Michigan. History The company was founded in 1886 as Jackson Electric Light Works by William A. Foote, Samuel Jarvis, of Lansing, and his brother James B. Foote, who was originally tasked to install electric lighting in downtown Jackson. After a series of acquisitions and mergers involving other local electric, gas, and trolley companies which were properties of W.A. Foote, as well as Anton G. Hodenpyl and Henry. D. Walbridge, the company incorporated as Consumers Power Company in 1910 in Maine. It became part of the utility holding conglomerate Commonwealth & Southern Corporation, which held utilities in 10 other states. His wife later founded Foote Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CMS Energy
CMS Energy, based in Jackson, Michigan, is an energy company that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886. CMS Enterprises' primary businesses are independent power production and natural gas transmission. History CMS Energy was formed in 1987 as a holding company with its principal subsidiaries as Consumers Energy and CMS Enterprises. On October 23, 1987, CMS Energy became a publicly owned company and was listed at the New York Stock Exchange. The company's history dates back to 1886, when William Augustine Foote and Samuel Jarvis initially approached Jackson, Michigan officials and asked them to support efforts to illuminate Jackson's downtown with electric arc lights. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Edison
Consolidated Edison, Inc., commonly known as Con Edison (stylized as conEdison) or ConEd, is one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries: *Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric and gas service in New York City and Westchester County, New York, and steam service in the borough of Manhattan; *Orange and Rockland Utilities, Inc., a regulated utility serving customers in a area in southeastern New York and northern New Jersey; *Con Edison Solutions, an energy services company; *Con Edison Energy, a wholesale energy services company; *Con Edison Development, a company that owns and operates renewable and energy infrastructure projects, and, *Con Edison Transmission, Inc., which invests ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cleco Holdings
Cleco Corporate Holdings LLC (formerly the Central Louisiana Electric Company) is an electric power company headquartered in the Central Louisiana city Pineville. It operates a regulated electric utility company, Cleco Power, that serves approximately 290,000 retail customers in Louisiana. Cleco also operates an unregulated wholesale electricity business, Cleco Midstream, with approximately 775 megawatts of generating capacity. History Cleco's roots go back to the 1906 installation of a 25 kWh Corliss steam-driven generating plant in Bunkie, Louisiana. In 1914, a 50 kWh diesel engine was added to the plant to produce ice and light; and in 1935, the Bunkie plant, called Louisiana Ice & Utilities, reorganized into Louisiana Ice & Electric Company. Because ice was necessary long before electricity, ice manufacturing fostered the early development of the South's electric industry. Small steam or internal combustion electric motors powered the machinery that ran ice plants. Ice c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortis Inc
Fortis may refer to: Business * Fortis AG, a Swiss watch company * Fortis Films, an American film and television production company founded by actress and producer Sandra Bullock * Fortis Healthcare, a chain of hospitals in India * Fortis Inc., a Canadian utility holding company * Fortis Group, a defunct banking, financial services, and insurance company, based in Belgium and The Netherlands or their successors: ** Ageas, formed from the insurance operations of Fortis ** ASR Nederland, formed from the Dutch insurance operations of Fortis ** BNP Paribas Fortis, formed from the Belgian banking operations of Fortis, now owned by BNP Paribas ** ABN AMRO, formed from the Netherlands banking operations of Fortis, now owned by the Dutch government People * Alberto Fortis (1741–1803), Venetian writer, naturalist and cartographer * Alberto Fortis (musician) (born 1955), Italian singer and songwriter * Alessandro Fortis (1842–1909), Italian politician and prime minister * Jean-Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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