The 23 Largest US Utility Corps Other Than NextEra Energy Reported March 2018 Quarter Total Pretax Income Which Was Down 16% From the March 2017 Quarter and Net Income Which Was Down 7% ........................................................................................ Largest US Utility Corp NextEra Energy Posted March 2018 Quarter Pretax Income of $5.080 Bil Up $2.814 Bil From the Reported March 2017 Quarter Pretax Income of $2.266 ........................................................................................ NextEra Energy's Quarters Both Included Large Unusual Gains of $3.935 Bil in the March 2018 Quarter and of $1.100 Bil in the March 2017 Quarter ........................................................................................ Exclusive of These Gains, NextEra Energy Reported As-Adjusted Pretax Income of $1.145 Bil in the March 2018 Quarter, Pretty Much Flat With Its As-Adjusted March 2017 Pretax Income of $1.166 Bil

From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations, the US GAAP Net Income (Loss) From Continuing Operations and the related US GAAP Income Tax Expense for the March 2018 and 2017 Quarters for all US Utility Corps with market caps above $10 Bil on April 30, 2018 and which have released their March 2018 earnings by May 10, 2018.

									US GAAP	US GAAP	US GAAP	US GAAP
		US GAAP				US GAAP			Effective	Effective	Pretax	Net
	US GAAP	Income	US GAAP		US GAAP	Income	US GAAP		Income	Income	Income	Income
	Pretax	Tax	Net		Pretax	Tax	Net		Tax	Tax	% Change	% Change
	Income	Expense	Income		Income	Expense	Income		Rate	Rate	March Qtr	March Qtr
US Utility Corps	March Qtr	March Qtr	March Qtr		March Qtr	March Qtr	March Qtr		March Qtr	March Qtr	2018	2018
Market Caps Above $10 Bil	2018	2018	2018		2017	2017	2017		2018	2017	vs 2017	vs 2017
	mils $	mils $	mils $		mils $	mils $	mils $
Nextera Energy	5,080	1,249	3,831		2,266	675	1,591		24.6%	29.8%	124%	141%
All Other Utilities
Southern Co	1,049	113	936		980	315	665		10.8%	32.1%	7%	41%
Duke Energy	803	181	622		1,061	344	717		22.5%	32.4%	-24%	-13%
Public Service Enterprise	760	202	558		143	29	114		26.6%	20.3%	431%	389%
Exelon	695	59	636		1,182	211	971		8.5%	17.9%	-41%	-35%
Dominion Energy	661	135	526		949	275	674		20.4%	29.0%	-30%	-22%
Sempra Energy	647	289	358		747	295	452		44.7%	39.5%	-13%	-21%
PPL Corp	569	117	452		532	129	403		20.6%	24.2%	7%	12%
American Electric Power	559	102	457		937	343	594		18.2%	36.6%	-40%	-23%
Consolidated Edison	545	117	428		615	227	388		21.5%	36.9%	-11%	10%
PG&E Corp	496	51	445		688	109	579		10.3%	15.8%	-28%	-23%
WEC Energy Group	479	88	391		570	213	357		18.4%	37.4%	-16%	10%
FirstEnergy	429	252	177		409	152	257		58.7%	37.2%	5%	-31%
DTE Energy	419	68	351		504	110	394		16.2%	21.8%	-17%	-11%
Eversource Energy	355	84	271		419	158	261		23.7%	37.7%	-15%	4%
XCEL Energy	350	59	291		356	117	239		16.9%	32.9%	-2%	22%
Avangrid	310	72	238		342	103	239		23.2%	30.1%	-9%	0%
CMS Energy	281	40	241		295	96	199		14.2%	32.5%	-5%	21%
CenterPoint Energy	212	47	165		299	107	192		22.2%	35.8%	-29%	-14%
Edison Intl	211	(31)	242		352	(40)	392		-14.7%	-11.4%	-40%	-38%
Ameren Corp	195	42	153		161	57	104		21.5%	35.4%	21%	47%
Entergy Corp	180	44	136		94	8	86		24.4%	8.5%	91%	58%
American Water Works	140	34	106		145	52	93		24.3%	35.9%	-3%	14%
Vistra Energy	(395)	(89)	(306)		119	41	78		22.5%	34.5%	-432%	-492%
Total 23 All Other Utilities	9,950	2,076	7,874		11,899	3,451	8,448		20.9%	29.0%	-16%	-7%
Total all 24 Utilities	15,030	3,325	11,705		14,165	4,126	10,039		22.1%	29.1%	6%	17%