Production data by divisions
The United States is divided into nine divisions by the U.S. Census Bureau. The Edison Electric Institute (or EEI) provides weekly electricity production data for these divisions. The weekly electricity output and week-over-week change in production levels can be noted in the chart below.
Keeping an eye on electricity production data by region helps investors in the power utilities sector identify companies that operate in high-growth regions.
Production in each division weak
For the week ended December 26, 2014, each of the divisions across the United States reported a drop in electricity production on a week-over-week basis.
The Southeast division and the Central Industrial division, which are the biggest production regions in the United States, saw the highest drop in week-over-week electricity production. Electricity output in the two regions fell by 10% each compared to production levels in the previous week. This is the second successive week when the two regions have shown a drop in electricity production.
Duke Energy (DUK) and NextEra Energy (NEE) are key power companies operating in the Southeastern division of the United States. Ameren Corporation (AEE) has a presence in the Central Industrial region of the United States. All the companies mentioned are part of the Utilities Select Sector SPDR (XLU).
After the Southeast and Central Industrial divisions, the West Central region was next in line in terms of drop in weekly electricity production. Electricity production in the region was down by 8.0% for the week ended December 26, 2014. Xcel Energy (XEL) operates in many of the states within the West Central region of the United States.