While the ‘utilities’ market in the US is estimated to have spent $16 billion on IT services–this spending is estimated to grow at 12 per cent per annum from 2001 to 2005–the Nasscom market intelligence service report also gives a list of 81 companies in the country. These companies have been ranked on the basis of profit margin; assuming that those with lower than industry average margins (about 5.4 per cent) could be exploring cost reductions more intensely than others.
The companies in bold are ranked as innovative IT users as per industry surveys.
| Company |
Latest |
Profit % |
| BayCorp Holdings Ltd (United States, New Hampshire) |
$75.58M | 31.40% |
| International Power PLC |
$858.24M | 26.80% |
| Edison International |
$11.83B | 26.30% |
| Huaneng Power International Inc |
$1.91B | 22.30% |
| DPL Inc |
$1.18B | 16.80% |
| Empresa Nacional de Electricidad de Chile SA |
$1.47B | 14.80% |
| SCANA Corp |
$2.96B | 13.50% |
| PG&E Corp |
$21.05B | 12.70% |
| Southern Company Inc |
$10.10B | 11.50% |
| Teco Energy Inc |
$2.72B | 11.40% |
| Maine Public Service Co |
$39.03M | 11.00% |
| Innogy Holdings PLC |
$5.66B | 10.70% |
| Ameren Corp |
$4.60B | 10.20% |
| FPL Group Inc |
$8.38B | 10.00% |
| Madison Gas & Electric Co |
$309.95M | 9.30% |
| Enersis SA |
$4.30B | 8.90% |
| Korea Electric Power Corp |
$16.20B | 8.50% |
| Exelon Corp |
$15.19B | 8.30% |
| CH Energy Group Inc |
$683.06M | 8.10% |
| Consolidated Edison Inc |
$8.85B | 7.70% |
| El Paso Electric Co |
$726.02M | 7.60% |
| FirstEnergy Corp |
$8.81B | 7.50% |
| Pinnacle West Capital Corp |
$4.23B | 7.50% |
| Cleco Corp |
$1.03B | 7.20% |
| Public Service Enterprise Group Inc |
$9.51B | 7.20% |
| Conectiv, Inc |
$5.31B | 7.00% |
| Dominion Resources Inc |
$9.99B | 7.00% |
| NRG ENERGY INC |
$3.04B | 6.70% |
| The AES Corp |
$9.55B | 6.50% |
| Hawaiian Electric Industries Inc |
$1.67B | 6.40% |
| Otter Tail Corp |
$652.21M | 6.40% |
| Alliant Energy Corp |
$2.56B | 6.30% |
| Progress Energy Inc |
$8.44B | 6.20% |
| PNM Resources Inc |
$1.93B | 5.80% |
| Calpine Corp |
$7.99B | 5.60% |
| Entergy Corp |
$8.83B | 5.60% |
| NStar | $3.05B | 5.60% |
| Black Hills Corp |
$1.30B | 5.40% |
| Constellation Energy Group Inc (Holding Company) |
$3.84B | 5.40% |
| Potomac Electric Power Co |
$2.39B | 5.40% |
| UIL Holdings Corp |
$1.10B | 5.40% |
| Energy East Corp |
$3.52B | 5.00% |
| Xcel Energy Inc |
$14.12B | 4.80% |
| DTE Energy Co |
$8.41B | 4.70% |
| Green Mountain Power Corp |
$277.53M | 4.40% |
| Allegheny Energy Inc |
$10.83B | 4.20% |
| Transalta Corp |
$2.99B | 4.10% |
| OGE Energy Corp |
$2.71B | 4.00% |
| Wisconsin Energy Corp |
$3.56B | 4.00% |
| Cinergy Corp |
$11.40B | 3.70% |
| Florida Public Utilities Co |
$85.41M | 3.70% |
| RGS Energy Group Inc |
$1.40B | 3.70% |
| WPS Resources Corp |
$2.35B | 3.60% |
| Duke Energy Corp |
$54.90B | 3.30% |
| TXU Corp |
$27.65B | 3.30% |
| Empire District Electric Co |
$268.52M | 2.90% |
| PPL Corp |
$5.43B | 2.80% |
| Unisource Energy Corp (Holding Co) |
$1.34B | 2.70% |
| Unitil Corp |
$186.82M | 2.60% |
| Idacorp, Inc (Holding Co) |
$5.17B | 2.30% |
| Northeast Utilities |
$6.98B | 2.20% |
| Reliant Energy Inc |
$41.60B | 2.20% |
| Puget Energy Inc |
$3.01B | 2.00% |
| American Electric Power Co Inc |
$60.44B | 1.60% |
| Reliant Resources Inc |
$34.95B | 1.60% |
| British Energy PLC |
$2.90B | 1.40% |
| Mirant Corp |
$30.36B | 1.30% |
| Central Vermont Public Service Corp |
$300.92M | 1.20% |
| Powergen PLC |
$8.33B | 1.10% |
| Avista Corp |
$4.73B | 0.90% |
| Aquila Inc |
$37.26B | 0.70% |
| CMS Energy Corp |
$9.27B | -0.40% |
| Companhia Energetica de Minas Gerais |
$1.86B | -2.60% |
| Great Plains Energy Inc |
$1.55B | -2.60% |
| Northwestern Corp |
$3.22B | -3.00% |
| US Energy Systems Inc |
$43.15M | -3.80% |
| Sierra Pacific Resources Corp |
$4.52B | -4.20% |
| Western Resources Inc |
$2.13B | -8.50% |
| National Grid Group PLC |
$6.48B | -11.10% |
| DQE Inc |
$1.28B | -11.60% |
| Scottish Power PLC |
$9.30B | -16.20% |
Leave a Reply