[Ranking] TOP 25 Integrated / Utilities Companies Q3/2023
Intro
The integrated utilities industry plays a crucial role in the worldwide economy, providing essential services that are essential for modern society to function. These utilities include electricity, water, natural gas, and waste management, which are indispensable for residential, commercial, and industrial activities.
The influence of the integrated utilities industry extends far beyond its immediate customers. It has a ripple effect across diverse sectors, impacting everything from manufacturing and transportation to healthcare and telecommunications. Without reliable and affordable utilities, other industries would struggle to operate efficiently and effectively.
With the increasing demand for energy and the growing global population, the integrated utilities industry is experiencing significant growth and economic magnitude. As countries strive to meet their energy needs while transitioning to more sustainable sources, the industry is poised for further expansion.
Recent trends in the integrated utilities industry include the integration of renewable energy sources, the adoption of smart grid technologies, and the focus on energy efficiency and conservation. These breakthroughs are reshaping the way utilities are generated, distributed, and consumed, leading to a more sustainable and resilient future.
The landscape of the integrated utilities industry is constantly evolving, driven by technological advancements, regulatory changes, and shifting consumer preferences. As new players enter the market and traditional utilities adapt to the changing landscape, it is essential to explore the leading companies in the industry and understand their strategies for success.
Ranking
#25 Alliant Energy Corporation
Employees: 4.2K
Revenue: 3.5B$
Website: https://www.alliantenergy.com
Description: Alliant Energy Corporation is a leading utility company operating in the integrated industry of Utilities. Headquartered in Madison, United States, Alliant Energy has been providing reliable electric and gas services since its founding in 1917. With a workforce of approximately 4.2 thousand employees, the company serves customers in Iowa and Wisconsin, delivering electricity and natural gas to residential, commercial, and industrial customers. Alliant Energy is committed to sustainable practices and offers renewable energy options to its customers, including wind and solar power. With a revenue of 3.5 billion dollars, Alliant Energy continues to invest in modernizing its infrastructure and expanding its renewable energy portfolio.
#24 Pinnacle West Capital Corporation
Employees: 6K
Revenue: 4.3B$
Website: https://www.pinnaclewest.com
Description: Pinnacle West Capital Corporation, headquartered in Phoenix, United States, is a prominent player in the Integrated industry within the Utilities sector. Founded in 1985, the company operates primarily in North America. With a workforce of approximately 6,000 employees, Pinnacle West Capital Corporation generates an estimated annual revenue of 4.3 billion US dollars. The company's activities in the Utilities sector involve the generation, transmission, and distribution of electricity to consumers. Pinnacle West Capital Corporation is committed to providing reliable and affordable electricity, while also focusing on sustainable energy solutions and environmental stewardship.
#23 Evergy, Inc.
Employees: 4.5K
Revenue: 5B$
Website: https://www.evergy.com
Description: Evergy, Inc. is a leading integrated utility company based in Kansas City, United States. Founded in 2001, Evergy operates in the Utilities industry, providing electricity generation, transmission, and distribution services to residential, commercial, and industrial customers. With a workforce of approximately 4.5 thousand employees, Evergy serves over 1.6 million customers in Kansas and Missouri. The company is dedicated to delivering reliable and affordable energy solutions while promoting sustainability and environmental stewardship. Evergy's revenue in the most recent fiscal year was approximately 5 billion dollars, making it a significant player in the integrated utilities sector.
#22 CMS Energy Corporation
Employees: 8.0K
Revenue: 6.5B$
Website: https://www.cmsenergy.com
Description: CMS Energy Corporation is a leading integrated energy company operating in the Utilities industry. Headquartered in Jackson, United States, the company has been in operation since its founding in 1886. With a workforce of approximately 8,000 employees, CMS Energy is committed to delivering reliable and affordable energy solutions to its customers. The company generates, transmits, and distributes electricity and natural gas to both residential and commercial customers. CMS Energy also invests in renewable energy sources and is dedicated to sustainability and environmental stewardship. With an annual revenue of 6.5 billion dollars, CMS Energy Corporation continues to be a key player in the Utilities industry, providing essential energy services to communities across North America.
#21 Ameren Corporation
Employees: 8.5K
Revenue: 8.4B$
Website: https://www.ameren.com
Description: Ameren Corporation, headquartered in St. Louis, Missouri, is a leading integrated utility company operating in the Utilities industry. With a history dating back to 1902, Ameren delivers electricity and natural gas services to over 2.4 million customers in Missouri and Illinois. The company's operations include power generation, transmission, and distribution, as well as energy marketing and trading. Ameren's diverse portfolio includes coal, natural gas, nuclear, and renewable energy sources, enabling them to provide reliable and affordable energy to their customers. Committed to sustainability and environmental stewardship, Ameren is actively investing in clean energy technologies and energy efficiency programs. With a workforce of approximately 8,500 employees, Ameren is dedicated to serving the needs of their customers while contributing to the communities they serve.
#20 NiSource Inc.
Employees: 8.7K
Revenue: 8.7B$
Website: https://www.nisource.com
Description: NiSource Inc. is a leading natural gas and electric utility company operating in the Utilities industry. Headquartered in Merrillville, United States, the company serves nearly 4 million customers across seven states in the Midwest and New England regions. With a history dating back to 1912, NiSource has established itself as a reliable provider of energy services. The company's primary focus is on the safe and efficient delivery of natural gas and electricity to residential, commercial, and industrial customers. NiSource is committed to investing in infrastructure improvements, modernizing its systems, and promoting sustainability initiatives to meet the evolving energy needs of its customers and communities.
#19 WEC Energy Group, Inc.
Employees: 10K
Revenue: 9.5B$
Website: https://www.wecenergygroup.com/
Description: WEC Energy Group, Inc. is a leading electric and natural gas utility company based in Milwaukee, United States. With over 10,000 employees, the company serves more than 4.5 million customers across the Midwest region. WEC Energy Group operates in the Integrated Utilities industry, providing reliable and sustainable energy solutions to residential, commercial, and industrial customers. The company focuses on delivering electricity and natural gas through its subsidiaries, which include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, and Minnesota Energy Resources. With a revenue of 9.5 billion dollars, WEC Energy Group is committed to driving innovation and investing in renewable energy sources to meet the evolving energy needs of its customers and contribute to a greener future.
#18 Eversource Energy
Employees: 9.0K
Revenue: 9.5B$
Website: https://www.eversource.com
Description: Eversource Energy, headquartered in Hartford, United States, is a leading company in the Integrated industry. With a history dating back to 1966, the company has grown to become one of the major players in the utilities sector. Eversource Energy operates in the North American market, providing essential energy services to millions of customers. The company's workforce consists of approximately 9,000 employees, who are dedicated to delivering reliable and sustainable energy solutions. Eversource Energy generates significant annual revenue of around 9.5 billion dollars, further solidifying its position in the industry.
#17 Public Service Enterprise Group Incorporated
Employees: 12K
Revenue: 9.8B$
Website: https://www.pseg.com
Description: Public Service Enterprise Group Incorporated is a leading energy company operating in the utilities industry. Based in Newark, United States, the company has a rich history, being founded in 1903. With a workforce of approximately 12,000 employees, Public Service Enterprise Group is involved in the generation, transmission, and distribution of electricity, as well as the transportation and distribution of natural gas. The company is committed to providing reliable and sustainable energy solutions to its customers, contributing to the development of a clean energy future. With annual revenues of 9.8 billion dollars, Public Service Enterprise Group is dedicated to delivering safe, reliable, and affordable energy services to its customers, while also promoting environmental stewardship and community engagement.
#16 PPL Corporation
Employees: 12K
Revenue: 10B$
Website: https://www.pplweb.com
Description: PPL Corporation is a leading utility company headquartered in Allentown, United States. With a rich history dating back to 1920, the company has established itself as a major player in the integrated utilities industry. PPL Corporation operates in North America, providing electric and natural gas services to millions of customers across multiple states. With a workforce of approximately 12,000 employees, the company is committed to delivering reliable and sustainable energy solutions. PPL Corporation generates substantial revenue, reaching 10 billion dollars annually. Through its comprehensive operations, PPL Corporation plays a crucial role in powering communities and driving economic growth in the region.
#15 FirstEnergy Corp.
Employees: 12K
Revenue: 10B$
Website: https://www.firstenergycorp.com
Description: FirstEnergy Corp. is an integrated utilities company based in Akron, Ohio. Founded in 1997, the company operates in the utilities industry, providing a wide range of energy-related services to customers across North America. With approximately 12,000 employees, FirstEnergy Corp. generates an annual revenue of around 10 billion dollars. The company is committed to delivering reliable and affordable energy solutions to its customers, striving to meet their evolving needs and enhance their overall satisfaction. Through its subsidiaries, FirstEnergy Corp. generates, transmits, and distributes electricity, serving millions of residential, commercial, and industrial customers. With a strong focus on sustainability, innovation, and customer service, FirstEnergy Corp. continues to play a significant role in the integrated utilities sector.
#14 Sempra Energy
Employees: 18K
Revenue: 11B$
Website: https://www.sempra.com
Description: Sempra Energy is a leading energy infrastructure company operating primarily in North America. With its headquarters in San Diego, United States, the company was founded in 1998. Sempra Energy is engaged in the generation, transmission, distribution, and sale of electricity and natural gas. As a major player in the integrated utilities industry, Sempra Energy serves millions of customers across its subsidiaries including San Diego Gas & Electric, Southern California Gas Company, and Sempra LNG. The company's operations span across various segments including natural gas infrastructure, electric transmission and distribution, renewable energy, and liquefied natural gas export. Sempra Energy is committed to delivering safe, reliable, and sustainable energy solutions to meet the evolving needs of its customers and communities.
#13 Entergy Corporation
Employees: 13.5K
Revenue: 11.0B$
Website: https://www.entergy.com
Description: Entergy Corporation, headquartered in New Orleans, is a leading integrated energy company operating in the Utilities industry. With a strong presence in North America, particularly the United States, Entergy provides electricity generation, distribution, and transmission services to millions of customers. The company was founded in 1913 and has grown to become a major player in the industry. Employing approximately 13,500 individuals, Entergy is committed to delivering reliable and affordable energy solutions while prioritizing environmental sustainability. With annual revenues of 11.0 billion dollars, Entergy continues to drive innovation and advance the energy infrastructure to meet the evolving needs of its customers and communities.
#12 Xcel Energy Inc.
Employees: 11.5K
Revenue: 11.5B$
Website: https://www.xcelenergy.com
Description: Xcel Energy Inc. is a leading utility company operating in the Integrated industry. Headquartered in Minneapolis, United States, the company has a strong presence in North America. Founded in 1909, Xcel Energy provides essential electricity and natural gas services to millions of customers. With a workforce of approximately 11.5 thousand employees, the company is dedicated to delivering reliable and sustainable energy solutions. Xcel Energy generates and transmits electricity, distributes natural gas, and offers a range of energy-related products and services. Their revenue in recent years has reached around 11.5 billion dollars, highlighting their significant role in the Utilities sector.
#11 CenterPoint Energy, Inc.
Employees: 7.5K
Revenue: 11.8B$
Website: https://www.centerpointenergy.com
Description: CenterPoint Energy, Inc. is a leading electric and natural gas utility company headquartered in Houston, Texas. With operations in North America, the company serves over 7 million customers and has a strong presence in the integrated utilities industry. CenterPoint Energy provides electricity transmission and distribution services, as well as natural gas distribution services. The company is committed to delivering reliable and safe energy solutions to residential, commercial, and industrial customers. CenterPoint Energy has a long-standing history, dating back to its founding in 1882, and continues to play a vital role in the utility sector.
#10 Consolidated Edison, Inc.
Employees: 14K
Revenue: 12B$
Website: https://www.coned.com
Description: Consolidated Edison, Inc. is a utility company operating in the Integrated industry. Headquartered in New York City, United States, the company was founded in 1823. With a workforce of approximately 14,000 employees, Consolidated Edison, Inc. generates an annual revenue of 12 billion dollars. The company is primarily engaged in the generation, transmission, and distribution of electric power, as well as the provision of natural gas services. Consolidated Edison, Inc. plays a crucial role in ensuring the reliable supply of electricity and gas to customers in its service territory, which includes the New York City metropolitan area. Through its subsidiaries, the company also offers energy-related products and services, including energy efficiency programs and renewable energy solutions.
#9 American Electric Power Company, Inc.
Employees: 17K
Revenue: 15B$
Website: https://www.aep.com
Description: American Electric Power Company, Inc. (AEP) is a leading electric utility company based in Columbus, Ohio. Founded in 1906, AEP operates in the integrated utilities industry, providing electric power generation, transmission, and distribution services. With headquarters in Columbus, AEP serves customers in 11 states across the United States. The company has a workforce of approximately 17,000 employees and generates annual revenue of around 15 billion dollars. AEP is committed to delivering reliable and affordable electricity to its customers while also focusing on environmental stewardship and sustainable energy solutions.
#8 AES Corporation
Employees: 10K
Revenue: 15B$
Website: https://www.aes.com
Description: The AES Corporation is a leading global power company operating in the integrated utilities industry. Headquartered in Arlington, United States, AES has been providing sustainable energy solutions since its founding in 1981. With a workforce of approximately 10,000 employees, AES is committed to delivering safe, reliable, and affordable electricity to customers around the world. The company generates and distributes power through a diverse portfolio of thermal, renewable, and energy storage facilities, ensuring a resilient and sustainable energy infrastructure. AES is dedicated to driving the energy transition and reducing carbon emissions by investing in innovative technologies and renewable energy projects.
#7 Edison International
Employees: 12K
Revenue: 15B$
Website: https://www.edison.com
Description: Edison International, headquartered in Rosemead, United States, is a leading player in the Integrated Utilities industry. Founded in 1886, the company has a workforce of approximately 12,000 employees. Edison International operates in the utilities sector, providing electricity and power-related services to customers across North America. With a focus on sustainability and clean energy, the company is actively involved in the development and implementation of renewable energy sources. Edison International's annual revenue is estimated to be around 15 billion dollars, making it one of the major players in the industry.
#6 Dominion Energy, Inc.
Employees: 21K
Revenue: 16B$
Website: https://www.dominionenergy.com
Description: Dominion Energy, Inc. is a leading integrated energy company operating in the Utilities industry. Headquartered in Richmond, United States, Dominion Energy is focused on providing clean and sustainable energy solutions to its customers. With a workforce of approximately 21,000 employees, the company serves millions of customers across multiple states. Dominion Energy generates electricity from a diverse mix of sources including natural gas, nuclear, and renewable energy. The company also operates natural gas transmission and storage systems, as well as natural gas distribution lines. With a revenue of 16 billion dollars, Dominion Energy is committed to delivering reliable and affordable energy while promoting environmental stewardship and community engagement.
#5 NextEra Energy, Inc.
Employees: 14K
Revenue: 17.5B$
Website: https://www.nexteraenergy.com
Description: NextEra Energy, Inc. is a leading clean energy company in the Utilities industry. Headquartered in Juno Beach, Florida, United States, NextEra Energy operates primarily in North America. The company was founded in 1925 and has since grown to become one of the largest electric power and energy infrastructure companies in the world. NextEra Energy focuses on generating clean, renewable energy through its subsidiaries, including NextEra Energy Resources and Florida Power & Light Company. With a workforce of approximately 14,000 employees, NextEra Energy is committed to providing reliable and sustainable energy solutions to its customers. In 2020, the company reported a revenue of 17.5 billion dollars.
#4 Southern Company
Employees: 28K
Revenue: 23B$
Website: https://www.southerncompany.com
Description: Southern Company is a leading utility company headquartered in Atlanta, United States. With a history dating back to 1945, the company operates in the integrated utilities industry, providing electricity and natural gas services to millions of customers across the United States. Southern Company's diverse portfolio includes several subsidiaries, such as Alabama Power, Georgia Power, and Mississippi Power, which collectively serve millions of customers with reliable and affordable energy solutions. The company is committed to sustainability and has made significant investments in renewable energy sources, including solar and wind power. Southern Company's dedication to innovation and customer satisfaction has established it as a trusted leader in the utilities industry.
#3 Duke Energy Corporation
Employees: 29K
Revenue: 24.1B$
Website: https://www.duke-energy.com
Description: Duke Energy Corporation, headquartered in Charlotte, United States, is a leading player in the Utilities industry. With a history dating back to 1904, Duke Energy has established itself as a prominent provider of electric power and natural gas services. The company operates a vast network of power plants, transmission lines, and distribution systems to deliver reliable energy solutions to millions of customers across North America. Duke Energy is committed to sustainable practices and has been actively involved in renewable energy generation through wind and solar power projects. With approximately 29,000 employees, the company generated a revenue of 24.1 billion dollars in the most recent fiscal year, solidifying its position as a key player in the Utilities sector.
#2 Avangrid, Inc.
Employees: 7.5K
Revenue: 33B$
Website: https://www.avangrid.com
Description: Avangrid, Inc. is a leading utility company operating in the integrated industry. Headquartered in Portland, United States, Avangrid serves as a parent company to various utilities. With a workforce of approximately 7,500 employees, the company is committed to delivering reliable and sustainable energy solutions to customers across North America. Since its founding in 2000, Avangrid has established itself as a key player in the utilities sector, generating an impressive revenue of 33 billion dollars. Through its subsidiaries, Avangrid focuses on the generation, transmission, and distribution of electricity, as well as the development of renewable energy projects. With a strong emphasis on innovation and environmental stewardship, Avangrid continues to drive the transformation of the utilities industry towards a more sustainable future.
#1 Exelon Corporation
Employees: 34K
Revenue: 34B$
Website: https://www.exeloncorp.com
Description: Exelon Corporation is a leading utilities company headquartered in Chicago, United States. With operations in the integrated utilities industry, Exelon is involved in the generation, transmission, and distribution of electricity and natural gas. Founded in 2000, the company has grown to employ approximately 34,000 employees globally. Exelon operates a diversified portfolio of power generation assets, including nuclear, hydroelectric, wind, and solar power plants. The company also provides energy services to millions of customers through its subsidiaries, which include ComEd, PECO, BGE, and Delmarva Power. Exelon is committed to delivering reliable and sustainable energy solutions to meet the evolving needs of its customers and communities.
Summary
The analysis of the Integrated sub-industry within the Utilities sector has revealed some key takeaways and notable achievements of the top companies. These companies have been ranked based on their performance and success in the market.
One unexpected finding is the significant growth and innovation observed in the Integrated sub-industry, as companies successfully integrate various utilities services to provide comprehensive solutions to customers.
Among the premier companies in the Integrated sub-industry, notable names include Company A, Company B, and Company C. These companies have demonstrated exceptional performance and have established themselves as industry leaders.
A common element that drives the prosperity of these leading firms is their strategic focus on diversification and integration. By offering a wide range of utility services, these companies are able to cater to the diverse needs of their customers and capture a larger market share.
What sets these eminent companies apart from their industry rivals is their relentless commitment to innovation and technology. They have embraced advanced digital solutions and smart technologies to enhance efficiency, improve customer experience, and stay ahead of the competition.