The Ohio Public Utilities Commission (PUC) has proposed regulations to allow electric utilities to use fuel-cost clauses to recover gains or losses from trading Clean Air Act emission allowances....
Public Utilities Reports
PUR Guide 2012 Fully Updated Version
Available NOW!
This comprehensive self-study certification course is designed to teach the novice or pro everything they need to understand and succeed in every phase of the public utilities business.
Michigan Rejects LDC Capacity - Release Sharing
The Michigan Public Service Commission (PSC) has rejected a proposal by Michigan Gas Utilities, a local distribution company (LDC), to implement a 70/30 sharing mechanism for capacity-release revenue. (The LDC currently credits all such revenues to its customers through a gas-cost recovery mechanism.)
The PSC found the LDC's incentive plan lacking in safeguards to ensure that the company does not earn a windfall profit at the expense of ratepayers. It explained that a proper incentive would place the company at risk for a percentage of any shortfall in actual capacity-release credits. It added that the plan grants the LDC a 30-percent credit "without regard to whether the capacity-release revenues are generated as a result of innovative or routine efforts." Re Michigan Gas Utilities, Case No. U-10982, Sept. 12, 1996 (Mich.P.S.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.
