Study Calls Muni Trend "Traditional"

Fortnightly Magazine - July 1 1996
This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.

Coopers & Lybrand has released its 1996 Electric Municipalization Review, which examines the two municipalizations completed since the Energy Policy Act of 1992: Broken Bow, OK, and Bozrah, CT.

Broken Bow, which began operating in 1995, serves the new six-megawatt (Mw) load of one industrial customer and owns no electric facilities; Public Service Co. of Oklahoma serves town residents. The Town of Bozrah had been served by a privately held corporation, Bozrah Light & Power (BL&P), whose owner was retiring and wanted to sell. The municipal utility in Groton, CT, bought BL&P for $5.4 million to enlarge its service territory and help replace its shrinking defense-related customer base.

The report also reviews six ongoing municipalization and other public power efforts:

The Wing Group: Assisting a group of New York cities to municipalize by taking over Niagara Mohawk Power Corp.'s facilities. Would bear all upfront costs and recoup investment from realized savings.

This full article is only accessible by current license holders. Please login to view the full content.
Don't have a license yet? Click here to sign up for Public Utilities Fortnightly, and gain access to the entire Fortnightly article database online.