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Top IOU R&D investors

Issue 5 and Volume 100.

Top IOU R&D investors

TECC Group Inc. has identified the top players in the U.S. investor-owned utility (IOU) R&D field. IOUs with reported 1994 R&D expenditures exceeding $10 million are: Southern California Edison, $64.12 million; Con Edison of New York, $42.53 million; Pacific Gas and Electric, $41.3 million; Niagara Mohawk Power, $29.97 million; Duke Power, $22.84 million; Texas Utilities Electric, $20.55 million; Georgia Power, $19.44 million; Public Service Electric & Gas, $18.96 million; Long Island Lighting, $17.97 million; Houston Lighting & Power, $17.43 million; Alabama Power, $14.3 million; New York State Electric & Gas, $13.66 million; Carolina Power & Light, $13.32 million; and PECO Energy, $11.16 million.

The TECC report is based on 1994 R&D expenditure information from 110 IOUs and is available at (303) 973-1777.