2nd quarter EPS falls

Article Abstract:

The basic and diluted earnings per share (EPS) of investor-owned electric utilities, before extraordinary items, amounted to $0.33 for 2nd qtr 1998. This amount represents a 10.8% drop in the EPS of utilities for the same period in 1997 which stood at $0.37. However, if nonrecurring items are excluded, the EPS for 2nd qtr 1998, improved by 7.1% from $0.36 to $0.39. Revenues during 2nd qtr 1998 were aided by warm spring weather but were offset by accelerated depreciation, higher interests and reduced level of other income.

Industry Overview, Securities

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Thorny details

Article Abstract:

Issues concerning the regulation of distributive generation are discussed. An increasing number of technologically advanced small scale electricity generators are coming on to the market and their ownership and control are causing controversy.

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Fast track development strategies

Article Abstract:

Issues affecting delivery schedules for new powerplants are discussed. Accelerated development cycles require extreme efficiency in siting, permitting and licensing such projects to keep costs under control.

Management, Electric power production

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