The Federal Energy Regulatory Commission (FERC) has approved Texas Eastern Transmission Corp.'s (TET) proposed revisions of its monthly imbalance cash-out mechanism (Docket No. RP96-142-000).
Georgia Fights Extinction
Rather than witness the breakup of LDCs into multiple, feeble entities, Georgia seeks to empower them to compete in the post-Order 636 world to the benefit of all stakeholders. Georgia's regulators and legislators are considering:
. Deregulating gas cost and pricing in proven competitive markets
. Allowing LDCs to profit on the commodity cost of gas
. Sharing risks and rewards between ratepayers and stockholders.
1 See, "Death by Taxes: Gas Utilities Face a Cripling Disadvantage in Energy Marketing," V. Esposito, Public Utilities Fortnightly, Aug. 1, 1995, p. 23.
2 See, "The Top 25 Marketers", B. Shook, Gas Daily's NG, June/July 1995.
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