Wisconsin Energy Corporation (WEC), Dominion Resources, Inc. (D) – This Week in Utilities: Surprise Dividends and Coal Conversions

Integrys takes the rate

Integrys Energy Group, Inc. (NYSE:TEG) got the regulatory thumbs-up for a $220 million modernization project in Wisconsin Energy Corporation (NYSE:WEC) last week. While the main reason for the renovation is lack of electricity reliability, the upgrade will add on 1,000 miles of distribution line and 400 miles of distribution automation equipment.

For Wisconsin Energy Corporation (NYSE:WEC) Public Service (Integrys Energy Group, Inc. (NYSE:TEG)’ subsidiary) customers, the project’s costs will be passed on to them at a rate increase of around $5 per month for the average residential user.

Is Exelon responsible?

Exelon Corporation (NYSE:EXC) released its “2012 Corporate Sustainability Report” last week, highlighting the corporation’s recent environmental efforts. A report like this isn’t just for socially responsible investors – it can also provide perspective on a company’s current progressiveness, as well as future prospects.

As the first report since its March 2012 merger with Constellation Energy, this publication holds new meaning for longtime energy investors. Safety and reliability seem to be key themes throughout, with record low outages and record high safety standards throughout the company. Exelon Corporation (NYSE:EXC) also gave a nod to its environmental developments, adding on 404 MW of wind and 31 MW of solar.

Stay current on electricity
The world of utilities is changing fast, and dividend stocks aren’t the stable stalwarts they once were. Be sure to check back weekly for the latest on your portfolio’s moves, and you’ll be well on your way to electrifying earnings.

The article This Week in Utilities: Surprise Dividends and Coal Conversions originally appeared on Fool.com and is written by Justin Loiseau.

Fool contributor Justin Loiseau has no position in any stocks mentioned, but he does use electricity. You can follow him on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.The Motley Fool recommends Dominion Resources, Exelon, and Wisconsin Energy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.