Power company American Electric Power says its second-quarter earnings rose as higher rates in several states coupled with cost controls offset lower sales to industrial customers.
Higher rates push AEP 2Q higher
Power company American Electric Power said Friday that its second-quarter earnings rose as higher rates in several states coupled with cost controls offset lower sales to industrial customers.
AEP 1Q earnings drop 4 percent
American Electric Power says its first-quarter profit dropped 4 percent as the lingering effects of the recession continue to hurt demand for electricity.
Duke Energy's 2Q profit hurt as energy demand ebbs
Power company Duke Energy says its second quarter earnings fell as demand for power from industrial customers continues to slide because of the recession.
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