People

New Hires:

New Hires:

Progress Energy shareholders re-elected Edwin B. Borden, James E. Bostic Jr., David L. Burner, Richard L. Daugherty, and Richard A. Nunis as Class II directors of the company. They will serve three-year terms.

Maryland Gov. Robert L. Erlich Jr. named state delegate Kenneth D. Schisler chairman of the Maryland Public Service Commission. Schisler succeeds Catherine I. Riley.

Frontlines

The United States must turn overseas for natural gas supplies, in spite of worries about energy independence.

California Experiment: Dynamic Pricing for the Mass Market

Will the state launch a full-scale rollout of dynamic tariffs?


Will the state launch a full-scale rollout of dynamic tariffs?

A pilot program in California is putting dynamic pricing and advanced metering to the test.

The California Public Utilities Commission (CPUC) approved a Statewide Pricing Pilot (SPP) in March,1 at a cost of approximately $10 million, including metering, project planning, management, evaluation, and concurrent market research on non-pilot participants focused on customer preferences for rate options.2

The SPP has the following objectives:

Predicting California Deman Response

How do customers react to hourly prices?


How do customers react to hourly prices?

As California embarks on a Statewide Pricing Pilot (SPP) for residential and small commercial (200 kW) customers, policymakers and participants in the proceedings are asking several questions:

Off Peak

School plays teach efficiency, creativity, and self-confidence.

School plays teach efficiency, creativity, and self-confidence.

Bumbling Melvin Markham is a hero. He just doesn't know it. As the central character in an innovative school play, Melvin learns that everyone can save energy and the environment.

Technology Corridor

Tidal energy technology improves, but is it enough?


Tidal energy technology improves, but is it enough?

Could ocean energy be the next big thing in renewables?

The San Francisco Board of Supervisors in early May approved a pilot project, estimated at $2 million, to test technology that produces electricity from the tides in the San Francisco Bay.

The city hopes to produce 1 MW with the project and add it to the San Francisco grid by Jan. 1, 2006.

Business & Money

Will dividends become the sole focus for investor valuations of utilities?


Will dividends become the sole focus for investor valuations of utilities?

With last month's favorable Senate vote to repeal the tax on dividends from 2004-2006 and reduce it 50 percent this year, and the high-profile conference committee meetings between the House and the Senate at press time, many are asking if investors are, or should be, beginning to evaluate utility companies solely on the basis of the dividend.