With an income increase of 454.84% in the third quarter 2024, year on year to cumulative value of $990 million, and with 8,000 employees, Avangrid Inc 's income per employee grew on trailing twelve month basis to $ 123,750, this marks a new company high for all of 8,000 employees. The Utilities sector has seen employees of 28 other companies achieving higher income per employee. While Avangrid Inc 's total ranking has deteriorated compared to the previous quarter from 494 to 730.
The Vineyard Wind 1 project has greatly benefited from supportive government actions, including federal tax credits aimed at promoting renewable energy projects. These initiatives have played an instrumental role in facilitating the advancement of Vineyard Wind 1. Avangrid Inc s income per employee has experienced a decline in the third quarter of 2023, measured on a trailing twelve month basis. The income per employee fell to $64,242, which is below the company s average of $91,004.
Companies with similar Income per Employee for 12 month ending Sep 30 2024, within Utilities Sector
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