D.C. Gas Utility Gets Earnings Lift for First Quarter

Summary


More customers, higher rates and lower income taxes helped Washington gas utility company WGL Holdings Inc. report stronger earnings last week.

The owner of Washington Gas Light Co. provides gas heat to 1 million customers in the Washington metropolitan area. The company also has unregulated energy-related businesses.

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Extract


D.C. Gas Utility Gets Earnings Lift for First Quarter

WGL Holdings said Friday that income for its fiscal first quarter ended Dec. 31 jumped 9 percent to $43.1 million (88 cents per d...

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