Duke Energy Corp (DUK), Dominion Resources, Inc. (D): These Stocks Are Special In Their Own Way

NextEra Energy, Inc. (NYSE:NEE) announced in April that its own nuclear uprate exceeded expectations, adding another 500 MW of capacity instead of the original 400 MW project. As the largest wind producer in the nation, NextEra is also nabbing efficiencies on some of its newer projects. According to NextEra Energy, Inc. (NYSE:NEE)’s Florida Power & Light president, Eric Silagy, “[this] investment added the equivalent of a new, medium-sized power plant to Florida’s generation fleet, without having to build one.”

Exelon Corporation (NYSE:EXC) made major headway with efficient smart grid technology last fall, but efforts tapered off as legislation made modernization costs prohibitive. But with a key bill approved by both the Senate and the House in March, things are looking up for this dividend stock’s 10-year smart grid investment. During Exelon’s latest earnings report, CEO Christopher Cane noted: “We are on a good path there.”

Foolish bottom line
Utilities are innovating in a variety of ways to make the most of falling sales. Number crunching alone won’t weed out the winners and losers, and investors need to keep a close watch on their dividend stocks’ strategic decisions.

The article 6 Dividend Stocks With Unique Sales Strategies originally appeared on Fool.com and is written by Justin Loiseau.

Motley Fool contributor Justin Loiseau has no position in any stocks mentioned. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo. The Motley Fool recommends Dominion Resources, Inc. (NYSE:D) and Exelon Corporation (NYSE:EXC).

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