Due to troubles at the Kewaunee nuclear power plant, the Wisconsin Public Service Commission has agreed to allow its three utility owners to accelerate depreciation based on a plant retirement in...
LDC Must Shoulder Coal Tar Clean-up Costs
The Indiana Utility Regulatory Commission (URC) has denied an Indiana Gas Co., Inc. request for rate recovery of environmental costs associated with three of its instate manufactured gas plant (MGP) sites. The URC found that the local distribution company (LDC) had assumed the associated environmental liability in purchasing the properties, and that the costs were not related to providing gas service to current ratepayers. In addition, the URC said that the environmental regulations giving rise to the clean-up costs were not "utility-specific," but pertained to the owners of the land. Finally, the URC concluded that the LDC had already been compensated for the risk of the environmental liability through the return component of its rates. Re Indiana Gas Co., Inc., Cause No. 39353, May 3, 1995 (Ind.U.R.C.).
Articles found on this page are available to Internet subscribers only. For more information about obtaining a username and password, please call our Customer Service Department at 1-800-368-5001.