20th annual top 100 electric utilities report: most utilities bettered '83 records last year and improved the quality of their earnings

Journal Article · Sat Jun 01 04:00:00 EDT 1985 · Electr. Light Power; (United States)

OSTI ID:5622006

Lincicome, R A

The top 100 investor-owned utilities posted new records in 1984 for total corporate revenue, net income, and kilowatt hour sales. Earning per common share grew for most, although the growth tended to moderate after the rapid rise in 1983. A number of the utilities were able to improve the quality of their earnings by reducing the portion of income represented by Allowances for Funds Used During Construction (AFUDC) as large-scale projects reached completion and became part of the rate base. The largest utilities sold 1.93 trillion kWH, an increase of 6.5%, raised revenues 15.7% to $153 billion, and increased net income 21.2% to $17 billion. Usage was up in all customer classes, but only 26 of the 99 reporting companies had sales increases in excess of the industry's historic 7% growth. There were some changes in ranking. 6 tables.

• OSTI ID: 5622006
• Journal Information: Electr. Light Power; (United States), Journal Name: Electr. Light Power; (United States) Vol. 63:6; ISSN ELLPA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
COMPARATIVE EVALUATIONS
DATA
ELECTRIC UTILITIES
FINANCIAL DATA
INCOME
INFORMATION
PERFORMANCE
PUBLIC UTILITIES
SALES