For a good half a century, electric regulation has meant law, accounting, and economics. But no more. Now it's all about computers, telecommunications, and file-transfer protocols. Forget about CWIP, AFUDC, double leverage, and interest synchronization. They are all irrelevant.
Fortnightly Magazine - September 1 1995
The Indiana Utility Regulatory Commission (URC) has denied an Indiana Gas Co., Inc. request for rate recovery of environmental costs associated with three of its instate manufactured gas plant (MGP) sites. The URC found that the local distribution company (LDC) had assumed the associated environmental liability in purchasing the properties, and that the costs were not related to providing gas service to current ratepayers.
United Water has named Robert A. Gerber, Jr. v.p. of corporate law for United Water Management & Services, a subsidiary.
AstroPower, Inc., a semi-conductor company specializing in photovoltaic energy conversion and optoelectric technology, has appointed Dr. George W. Roland v.p. and g.m. of its solar power business.
Eldon A. Cotton, assistant g.m.-power for the Los Angeles Department of Water and Power, was named president of the American Public Power Association.
The Michigan Public Service Commission (PSC) has reaffirmed its earlier approval of special manufacturing contracts submitted by Detroit Edison Co. to supply power to Chrysler Corp., Ford Motor Co., and General Motors Corp. Opponents had argued that the PSC erred by approving the price discounts while deferring consideration of their rate treatment as well as their effect on existing competitive programs.
It requires a truly acrobatic stretch of the imagination to reach the same conclusions as Pennsylvania Commissioner John Hanger in his article, "Electric Reliability: How PJM Tripped on Gas-Fired Power Plants" (May l, 1995). The truth is that the natural gas system performed efficiently and reliably in January 1994, exactly as planned. The operators of the power plants in question purchased interruptible gas-transportation contracts to keep their fuel costs low.
A new coalition of 82 varied organizations (em including businesses, consumers, environmentalists, and utilities (em has announced support for the California Public Utility Commission's (CPUC's) majority proposal to restructure the electric industry.
demand-side management (DSM) costs claimed by Potomac Electric Power Co. in a recent rate case. While agreeing that Potomac had failed to justify 100-percent recovery of its DSM costs, the court remanded the case to the PSC for a better explanation of why 25 percent represents an appropriate amount for the disallowance.
After reviewing gas supply and related matters as part of a general rate case for Centra Gas Ontario, Inc., the Ontario Energy Board has directed its technical staff to develop a mechanism to separate the utility's commodity sales from its transportation and distribution functions. The Board said the move was necessary because competition in the sale of natural gas and the introduction of indexed pricing had made regulation of the utility's existing tariffed services difficult.