The Connecticut Department of Public Utility Control (DPUC) has authorized Connecticut Natural Gas Corp., a natural gas local distribution company (LDC), to increase rates by $8.9 million, with a return on equity (ROE) of 10.76 percent.
Fortnightly Magazine - April 1 1996
a strategy helps.
Gas markets in the United States are complicated, dynamic, and evolving. They offer significant commercial opportunities for some companies, commercial hazards for others.
Many companies find it difficult to estimate the price they will receive for gas the next year, month, week, or day.
Divest yourself of generating plants or allow retail sales by competitors, and PURPA's mandatory purchase clause in section 210 will no longer hold.
That's the basic deal to be offered to investor-owned electric utilities under the Electric Power Competition Act of 1996 (H.R. 2929), a new bill to amend the Public Utility Regulatory Policies Act (PURPA) introduced by Rep. Edward J.
The California Public Utilities Commission (CPUC) has decided not to increase voluntary goals for utility purchases from businesses owned by minorities and by women. The CPUC has also amended its rules on affirmative-action purchasing plans to state that "no penalty shall be imposed for failure of any utility to meet and/or exceed goals."
In 1988, the CPUC had set a goal that utilities must seek to purchase 20 percent of their goods and services from firms listed in the state-mandated program: 15 percent from minority firms and 5 percent from firms owned by women.
COMPETITION, CONVERGENCE ... AND CASHFLOW? THE POWER BUSINESS IN THE NEXT 20 YEARS
APRIL 01, 1996
The Federal Energy Regulatory Commission (FERC) on January 24 held a technical conference on independent system operators (ISOs) and power pools, as part of its electric transmission open-access Notice of Proposed Rulemaking (NOPR). The FERC's question: Is it necessary in a competitive market for utilities to transfer control over transmission facilities to ISOs, and if so, what form should ISOs take? (18 CFR Part 35, Docket Nos. RM95-8-000 and RM94-7-001).
to limit eligibility to customers that use at least 600 kilowatt-hours. The PSC said the usage limitation would "restore the cost-effectiveness" of residential load management, which is designed to reduce peak demand, not energy usage.
Wyoming and Montana
are cracking Midwest coal markets,
despite local protectionism.
As pressures build steadily toward deregulation and increased competition between electric power generators, Western low-sulfur coal is emerging as the most economical fuel option for an increasing number of companies. The low cost of delivered fuel and avoidance of capital outlays offer attractive savings.
The Federal Energy Regulatory Commission (FERC) has approved a policy statement, Alternatives to Traditional Cost of Service Ratemaking for Natural Gas Pipelines, giving pipelines greater flexibility to use market-based, negotiated/ recourse, incentive, and other alternative rates (Docket Nos. RM95-6-000 and RM96-7-000). Pipelines may negotiate new rates with customers, but may not negotiate services that might degrade open-access service under Order 636. The FERC is still considering what type of service flexibility it should allow.
The California Public Utilities Commission (CPUC) has approved a corporate reorganization plan making San Diego Gas and Electric Co. (SDG&E) a wholly-owned subsidiary of a holding company structure formed by the utility. The utility said the reorganization would provide the separation of lines of business necessary to insulate regulated utility cash flows from the volatility and risk of competitive markets.