Lori A. Burkhart, Phillip S. Cross and Beth Lewis
Electric Retail Choice. The Arkansas Public Service Commission has issued its final report on electric restructuring, citing a "broad" consensus favoring competition. It predicts immediate benefits for industrial customers, but warns that residential users likely will not see any quick rate cut. The PSC saw competition as consistent with action in neighboring states:
• Oklahoma. State law mandates retail choice by July 1, 2002.
• Mississippi. PSC plan would phase-in competition from 2001 to 2004.
Peter B. Lilly has been named president and COO of Peabody Holding Co. Peabody is the world's largest private producer and marketer of coal. Lilly will continue to report to Irl F. Englehardt, Peabody Holding's chairman and CEO. Englehardt was recently named v.p. of Hanson Industries' energy group.The board of directors of The Dayton Power & Light Co. has elected Arthur G. Meyer treasurer.
IES Utilities, Inc. has named James E. Hoffman executive v.p. of customer service and energy delivery.
Phillip S. Cross
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. The PUC emphasized that utilities should use the allowance market to maximize trading while making the use of coal produced in the state part of a least-cost power-supply strategy. Re Amendment of Chapter 4901:1-11 of the Ohio Administrative Code, Case No. 94-1792-EL-ORD, Nov. 23, 1994 (Ohio P.U.C.).
In a separate case, the PUC ruled that Dayton Power & Light Co.