LONDON, June 20, 2013 /PRNewswire/ --
The U.S. Energy Information Administration (EIA) released
earlier this month its short-term energy outlook which stated that
the average U.S. residential electric bill over the period of
June-August 2013 is expected to total
$395. This is close to 2.5% lower
than the average bill seen last summer. EIA anticipates the average
U.S. residential customer to use a total of 3,200 KW of electricity
between June and August 2013.
Electricity generation, meanwhile, is projected to grow by 0.9%
annually this year. EIA also expects electricity generation from
coal to rise by 8.5% during the year. On the other hand,
electricity generation from natural gas is estimated to decline by
8.2% in 2013. On Wednesday, June 19,
2013, shares in electric utilities ended mostly lower,
tracking losses in the broader market which fell sharply after the
release of Federal Reserve's monetary policy statement. The major
movers included Companhia Energetica Minas Gerais (ADR) (NYSE:
CIG), NextEra Energy Inc. (NYSE: NEE), CMS Energy Corporation
(NYSE: CMS), Consolidated Edison Inc. (NYSE: ED), and FuelCell
Energy Inc. (NASDAQ: FCEL). AAAResearchReports.com has released
full comprehensive research on CIG, NEE, CMS, ED, and FCEL. These
free technical analyses can be downloaded by signing up at
http://www.aaaresearchreports.com/register/
Shares in Companhia Energetica Minas Gerais fell sharply on
Wednesday, tracking losses in the broader market. The company's
shares ended the day 3.90% lower at $9.11 after trading between $9.11 and $9.55. A total of 1.77 million shares
were traded yesterday which is below its daily average volume of
2.66 million. Shares of Companhia Energetica Minas Gerais are
currently trading near their 52-week low of $8.92. A free technical analysis on CIG available
by signing up at:
http://www.AAAResearchReports.com/CIG062013.pdf
NextEra Energy Inc.'s stock slipped in its most recent session
on Wednesday, reversing most of its gains for the week. The
company's shares ended the day 1.72% lower at $80.19 after trading between $80.19 and $81.78. A total of 1.96 million shares
were traded which is slightly below its daily average volume of
1.97 million. Shares of NextEra Energy are up 0.58% in the last
three trading sessions. However, despite the pullback on Wednesday,
the stock is trading near its 52-week high of $82.65. Register today and access free research
on NEE at:
http://www.AAAResearchReports.com/NEE062013.pdf
Shares in CMS Energy Corporation fell sharply yesterday as the
broader market came under pressure. The company's shares traded
between $26.85 and $27.60 before
finishing the day at $26.85, down
2.61%, on volume of 1.58 million which is below its daily average
volume of 2.16 million. In the last three months, CMS Energy's
shares have fallen 0.89%, thus underperforming the S&P 500. The
free report on CMS can be downloaded by signing up now at:
http://www.AAAResearchReports.com/CMS062013.pdf
Consolidated Edison Inc.'s stock was one of the worst performers
in the utilities sector on Wednesday. The company's shares hit an
intraday low of $57.27 before ending
the day at $57.28, down 2.83%. The
stock registered a trading volume of 1.74 million shares which is
below its daily average volume of 2.13 million. Shares of
Consolidated Edison are hovering near their 52-week low of
$53.63. A free report on ED can be
accessed by registering at:
http://www.AAAResearchReports.com/ED062013.pdf
Shares in FuelCell Energy Inc. surged yesterday even as the
broader market tumbled. The company's shares hit an intraday high
of $1.37 before closing the day 4.62%
higher at $1.36. The stock registered
trading volume of 1.74 million shares which is less than half of
the daily average volume of 3.90 million. However, despite the
rally on Wednesday, shares of the electric utility company are down
by over 1.40% for the week. Register with AAA Research Reports and
download research on FCEL for free at:
http://www.AAAResearchReports.com/FCEL062013.pdf
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