Utilities for the Week: Conectiv and RGS Energy Group, Inc.

October 26, 2000
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  • Conectiv (Wilmington, DE) reports consolidated earnings for the quarter ended September 30 of $1.01 per common share. This represents an increase of 6.3% over last year's third quarter earnings per share. In 1999, Conectiv earned $0.95 per common share before extraordinary and special charges.
  • RGS Energy Group, Inc. (Rochester, NY) announces consolidated earnings of $0.38 per share for the third quarter, compared to $0.44 per share for the same period of 1999. As anticipated, third quarter 2000 earnings reflect cooler weather, scheduled rate reductions, and increased purchase power expenses arising from industry restructuring and generation plant availability.

    Publication date: 10/30/2000

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