Utilities Shares Decline -- Utilities Roundup

Published: 2025-03-05 17:34:08 ET ED

Shares of utility companies were mostly lower Wednesday amid falling energy prices and in contrast with a broad uptick on U.S. equity markets.

Consolidated Edison was among the top losers after it announced it had agreed to issue 6,300,000 of its common shares.

Ontario Premier Doug Ford, a conservative, said he would place an export tax on electricity sent to homes in Minnesota, Michigan and New York in response to tariffs from the Trump administration.

Write to Paulo Trevisani at [email protected]

(END) Dow Jones Newswires

03-05-25 1733ET