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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