SELECTED ENERGY STOCK PERFORMANCE: SECOND QUARTER 1996
SEPTEMBER 01, 1996
Sound bites from state and federal regulators.
Residential Weatherization. Idaho allows Utah Power & Light Co. to discontinue its demand-side management program for residential weatherization, calling it "apparently no longer of much value." to customers. Case No. UPL-E-96-6, Order No. 26747, Dec. 31, 1996 (Idaho P.U.C.).
Real-time Pricing. Montana Power Co. gains approval for real-time pricing plan, but state regulators question 1) whether incremental load will cover costs, 2) if load aggregation is discriminatory, or 3) whether state law requires all RTP tariffs to include transmission charges. Docket No. D96.3.33, Order No. 5915a, Dec. 3, 1996 (Mont.P.S.C.).
Return on Equity. California sets return on equity at 11.6% for Pacific Gas & Electric Co., Southern California Edison, Southern California Gas Co., and San Diego Gas and Electric Co. (the same figure as in last year's attrition proceeding, despite an increase in interest rates). Application Nos. 96-05-022 et al., Decision 96-11-060, Nov. 26, 1996 (Cal.P.U.C.). t
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