Category: Energy & Utilities

Estimated reading time: 3 minutes Key Takeaways Major institutional investors like American Century, Nuveen LLC, and State Street are increasing their stakes in CenterPoint Energy, indicating strong confidence in its future performance. CenterPoint Energy announced a quarterly dividend of $0.22 per share, with steady payout signals its commitment to shareholder value despite a slightly below-average…

Estimated reading time: 4 minutes Key Takeaways Alabama Power’s rates are increasing due to a court ruling that permits rate hikes without public hearings and rising fuel costs. Average monthly bills for Alabama Power customers are around $159, surpassing the statewide average of $132. Summer temperatures are driving higher energy consumption, especially due to increased…

Estimated reading time: 3 minutes Key Takeaways PECO is launching a $10 million Customer Relief Fund providing $500 grants to eligible low- and moderate-income customers. The initiative aims to help customers manage rising energy bills during peak summer months caused by increased demand and rate hikes. Funding is available from August 4 to December 31,…

Estimated reading time: 4 minutes Key Takeaways Alabama Power experienced early 2025 rate reductions, largely due to the return of $96 million by the Alabama Public Service Commission. Recent court rulings have permitted rate hikes without public hearings, raising concerns over transparency and consumer impact. Consumers are advised to implement energy-saving strategies for the summer,…