Equity Research on NRG Energy Inc. and Calpine Corp. -- Weather Affecting Electric Utilities
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 05/31/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Electric Utilities industry and are offering free analytical research on (NYSE: NRG) and (NYSE: CPN). Register with us today at to have free access to these research reports.
Erratic weather is having a varied effect on several power providers throughout the U.S. Mild weather over the last few months has adversely affected the revenues of several electric utilities. Additionally, the anticipation of a hotter than average summer is also changing the ways utilities operate. Get your free reports on and at . There is no commitment to join.
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The effect of mild weather is evident in the first quarter filings of NRG Energy Inc. The utility reported a 6.67% decline in revenues over the prior year in part due to the fact that consumers reached for the thermostat less often. report is accessible for free by registering today at .
Power providers in Texas are now contending with potential power shortages ahead of what many predict will be a hotter than normal summer. Rapid demand growth in the state has also created supply concerns for the future. Calpine Corp. is taking a proactive approach and announced last month that it would install an additional 550 megawatts of generation by the summer of 2014. report is accessible for free by registering today at .
Moving forward, mild temperatures may have dented demand early in the year but a hot summer could turn a lot of air conditioners on and help electric utilities widen margins in the second half of the year.
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