RECENT NEWS
MarketWatch  Apr 23  Comment 
Public Service Electric and Gas Co. said Monday it settled with New Jersey Board of Public Utilities for a $1.875 billion plan to replace gas pipes, which will increase residential customer bills by less than 2%, or about $17 a year. PSE&G said...
Reuters  Apr 19  Comment 
European utility companies are retrenching in their home markets and looking to unwind debt-financed cross-border mergers deals as increasingly nationalist governments balk at foreign ownership of strategic power supplies.
Reuters  Apr 17  Comment 
Indian shares were largely unchanged on Tuesday after an eight-session winning run as gains in financials and utilities were offset by losses in information technology stocks.
The Economic Times  Apr 16  Comment 
The PSU is already executing similar projects on turnkey basis for NTPC and state utilities including Gujarat State Electricity Corporation and Chhattisgarh State Power Generation Company.
The Economic Times  Apr 13  Comment 
Government is looking to bring down aggregate technical and commercial (AT&C) losses of state utilities by way of smart metering, which will increase billing efficiency.




 

This industry consists of companies that provide consumers and businesses with electricity, natural gas, and water. Most of these companies are government sanctioned monopolies. They operate without competition in their main service areas. The downside to this industry is that the government in many cases also determines how much these utilities can charge their customers.

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