The Xcel Energy Inc. (NYSE: XEL) board of directors today raised the quarterly dividend on the company's common stock from 27 cents per share to 28 cents per share, which is equivalent to an annual rate of $1.12 per share.
Rejecting Gov. Pat Quinn's plea to not increase power rates to help improve some of the state's electrical grid, the Illinois senate voted to override his veto of a bill that bulks up the revenue Commonwealth Edison will receive as it modernizes the electrical grid.
Only a handful of people, many of whom were either members of the news media or employees of Kentucky Power or the Public Service Commission, attended a hearing last week on a proposal to replace 700 megawatts of generating capacity at the Big Sandy power plant in Lawrence County.
The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today declared the regular quarterly dividend of $0.3951 per share on the outstanding shares of the company's common stock, payable June 15, 2013, to shareholders of record at the close of business June 1, 2013.
The Park District of Highland Park has been awarded $25,997 from the Illinois Clean Energy Foundation to cover 30 percent of an environmentally friendly geothermal heating and cooling system at the Rosewood Beach interpretive center.