New thinking defines "stranded costs" in terms of
asset value and return on capital, not lost revenues.
On July 3, the Pennsylvania Public Utility Commission (PUC) submitted its report...
The Sacramento Municipal Utility District (SMUD) will hold a series of public forums on a new plan to offer electric transmission service under its wholesale point-to-point tariff. SMUD wants to divide its transmission system into five "highways," each carrying a
separate price tag capped at SMUD's cost-of-service (em ranging from $0.43 to $2.93 per kilowatt-hour per month. SMUD goes a step further than the Federal Energy Regulatory Commission's open-access Notice of Proposed Rulemaking, providing not only third-party transmission capacity on a firm and nonfirm (long- and short-term) basis, but also the option to negotiate service based on specific needs as well as the option to own new transmission facilities.
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