The electric utility 1st quarter reporting season is essentially over. Historically, most electric utilities have the largest portion of their annual earnings (and the variability of annual earnings) in the summer months, which generally show up in 3rd quarter earnings, and have relatively quiet 1st and 2nd quarter earnings reports.
The reason? Electric utilities' regulated and uregulated POWER related businesses are heavily reliant on the increased demand (and sometimes premium pricing) that comes with the hot summer months.
Continue reading "Quiet 1st quarter earnings season for electric utilities" »
Recent Comments