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Consolidated Edison, Inc., commonly known as Con Edison or ConEd, is one of the largest investor-owned energy companies in the United States, with approximately $12 billion in annual revenues as of 2017, and over $62 billion in assets. The company provides a wide range of energy-related products and services to its customers through its subsidiaries:
Northern States Power Company (NYSE: NSP) was a publicly traded S&P 500 electric and natural gas utility holding company based in Minneapolis, Minnesota, that is now a subsidiary of Xcel Energy.
The Guardian Building is a landmark skyscraper in the United States, located at 500 Griswold Street in Downtown Detroit, Michigan, within the Financial District. The Guardian is a class-A office building owned by Wayne County, Michigan and serves as its headquarters. Built in 1928 and finished in 1929, the building was originally called the Union Trust Building and is a bold example of Art Deco architecture, including art moderne designs. At the top of the Guardian Building's spire is a large U.S. flag, complementing the four smaller flags atop nearby 150 West Jefferson. The building has undergone recent award-winning renovations. It was designated a National Historic Landmark on June 29, 1989, and the associated Detroit Financial District is on the National Register of Historic Places. The Guardian building includes retail and a tourist gift shop.
Constellation Energy Corporation is an energy company headquartered in Baltimore, Maryland, United States. The company provides electric power, natural gas, and energy management services. It has approximately two million customers across the continental United States.
DTE Energy is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services in the United States and Canada. Its operating units include an electric utility serving 2.2 million customers and a natural gas utility serving 1.3 million customers in Michigan.
DTE Electric Company was founded in 1886.
Consumers Energy is an investor owned utility that provides natural gas and electricity to 6.7 million of Michigan's 10 million residents. It serves customers in all 68 of the state's Lower Peninsula counties. It is the primary subsidiary of CMS Energy. The company was founded in 1886 and is currently headquartered in Jackson, Michigan.
The North American Company was a holding company incorporated in New Jersey on June 14, 1890, and controlled by Henry Villard, to succeed to the assets and property of the Oregon and Transcontinental Company. It owned public utilities and public transport companies and was broken up in 1946, largely to comply with the Public Utility Holding Company Act of 1935.
Tucson Electric Power (TEP) is an electric utility company serving southern Arizona in the United States. It is a subsidiary of Fortis, which announced its acquisition of parent company UNS Energy in 2013.
WEC Energy Group is an American company based in Milwaukee, Wisconsin that provides electricity and natural gas to 4.4 million customers across four states.
ITC Transmission was founded in 1999 as International Transmission Co., a subsidiary of Detroit Edison, charged in the ownership, operation and maintenance of Detroit Edison's transmission system. In 2003, DTE sold the subsidiary to ITC Holdings Corp. In 2004, ITC Transmission became the first, fully independent electricity transmission company in the United States following the 2003 transfer of ownership from DTE Energy to ITC Transmission’s parent company, ITC Holdings Corp. ITC Transmission owns a fully regulated, high-voltage system that transmits electricity to local electricity distribution facilities. ITC Holdings Corp. became a publicly traded company in 2005 and is headquartered in Novi, Michigan. Today it owns transmission systems in several states under a unique independent business model.
Public Service of New Hampshire, commonly known as PSNH, was the largest public utility in the U.S. state of New Hampshire for decades. Founded in 1926, it sold natural gas and electricity, and for a time ran electric street-railway services and, later, bus service. The company was bought in 1992 and became part of what is now Eversource Energy.
Solar power in Michigan has been growing in recent years due to new technological improvements, falling solar prices and a variety of regulatory actions and financial incentives. The largest solar farm in Michigan is Assembly Solar, completed in 2022, which has 347 MW of capacity. Small-scale solar provided 50% of Michigan solar electricity as recently as 2020 but multiple solar farms in the 100 MW to 200 MW range are proposed to be completed by the middle of the decade. Although among the lowest U.S. states for solar irradiance, Michigan mostly lies farther south than Germany where solar power is heavily deployed. Michigan is expected to use 120 TWh per year in 2030. To reach a 100% solar electrical grid would require 2.4% of Michigan's land area to host 108 GW of installed capacity.
Wind power in Michigan is a developing industry. The industrial base from the automotive industry has led to a number of companies producing wind turbine parts in the state. The development of wind farms in the state, however, has lagged behind. In January 2021, there were a total of 1,481 wind turbines in the state with a nameplate capacity of 2,549 MW. The nameplate total exceeded 2,000 MW when Pine River came online in March 2019. Wind provided 4.2% of the state's electricity in 2016.
Emerson McMillin was an American financier and banker. The head of the banking house of Emerson McMillin, McMillin won a commission through "gallant conduct under fire" fighting for the Union Army in the Civil War, before moving to the Ohio Valley to work in the iron works and steel industries. He founded American Light and Traction in 1900 and became president.
The Electric Bond and Share Company (Ebasco) was a United States electric utility holding company organized by General Electric. It was forced to divest its holding companies and reorganize due to the passage of the Public Utility Holding Company Act of 1935. Following the passage of the Act, the U.S. Securities and Exchange Commission (SEC) selected the largest of the U.S. holding companies, Ebasco to be the test case of the law before the U.S. Supreme Court. The court case known as Securities and Exchange Commission v. Electric Bond and Share company was settled in favor of the SEC on March 28, 1938. It took twenty-five years of legal action by the SEC to break up Ebasco and the other major U.S. electric holding companies until they conformed with the 1935 act. It was allowed to retain control of its foreign electric power holding company known as the American & Foreign Power Company (A&FP). After its reorganization, it became an investment company, but soon turned into a major designer and engineer of both fossil fuel and nuclear power electric generation facilities. Its involvement in the 1983 financial collapse of the Washington Public Power Supply System's five nuclear reactors led to Ebasco's demise because of the suspension of nuclear power orders and lawsuits that included numerous asbestos claims. The U.S. nuclear industry stopped all construction of new facilities following the 1979 nuclear meltdown at Three Mile Island, going into decline because of radiation safety concerns and major construction cost overruns.
References
- ↑ ""Simple Choices" - How Much Will They Cost You?". Archived from the original on 7 October 2006. Retrieved 2006-09-06.
- ↑ "Emerson McMillin" (PDF). Archived (PDF) from the original on 8 September 2006. Retrieved 2006-09-06.
- ↑ "MyDTE Energy - About us - MichCon - The early 1900s" . Retrieved 2006-09-06.[ permanent dead link ]
- ↑ Goodrich, Arthur (September 1901). "A Leader Of Modern Industry". The World's Work. New York, NY: Doubleday, Page & Co. II (5): 1201–1208. Retrieved April 29, 2012.
- ↑ "MyDTE Energy - About us - MichCon - Mid 1900s to present" . Retrieved 2006-09-06.[ permanent dead link ]