Transactions (June 2014)
Energen signs stock purchase to sell Alagasco to The Laclede Group; Calpine agrees to sell six power plants to LS Power; Exelon agrees to buy Pepco Holdings Inc.; GE offers to acquire power and grid businesses from Alstom.
PEPCO
Exelon to Acquire Pepco Holdings
Submitted by aburr on Tue, 2014-05-06 12:25Exelon and Pepco Holdings signed a definitive agreement to combine the two companies in an all-cash transaction. The agreement, which has been unanimously approved by both companies’ boards of directors, brings together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ electric and gas utilities – Atlantic City Electric, Delmarva Power and Pepco – to create the leading Mid-Atlantic electric and gas utility.
Customer First
Is the current regulatory compact in anyone’s best interests?
Serving customers’ needs should be a top priority for power companies, irrespective of the regulatory construct and business model. Transformation doesn’t change this basic fact, but how do we break the model without breaking the system?
Modernizing with Trackers
Time-tested cost recovery mechanisms provide stable funding for infrastructure replacement.
Automatic tracker surcharges provide timely cost recovery for multi-year utility system improvement programs.
People (October 2013)
Duke appoints Steve Young to replace Lynn Good as CFO; CenterPoint and OGE Energy name executives for their new natural gas partnership; First Solar hires Joe Kishkill as chief commercial officer; Pepco promotes Donna Cooper to president; Cleco changes executive management team; plus announcements and appointments at KCPL, Chesapeake, UNS, FirstEnergy, and EPRI.
DC PSC Nixes AMI Opt-Out for Pepco
Submitted by aburr on Sat, 2013-06-01 13:59The District of Columbia Public Service Commission (PSC) has denied a request by the city’s public advocate, the Office of People’s Counsel (OPC), to reconsider an earlier decision in which the commission had rejected calls for it to require Potomac Electric Power Co. (Pepco) to offer its customers a chance to opt out of an ongoing AMI program. For complete regulatory coverage, citations, and analysis, subscribe to Utility Regulatory News http://www.fortnightly.com/urn-subscribe
Economy of Small
How DG and microgrids change the game for utilities.
Energy microgrids have emerged as more than just a curiosity. The technology is improving, costs are falling, and developers are lining up to build projects. How will microgrids overcome the substantial challenges that stand in their way?
People (November 2012)
Westinghouse Electric names former Progress Energy Executive as president and CEO. FirstEnergy makes numerous executive changes and appointments; Pepco hires new general counsel; plus executive appointments and announcements at AEP, PPL, PG&E, ITC Holdings, Dominion, EPRI, SEIA, and others.
Last Call
Utilities are enjoying some of the best financing terms anybody’s ever seen. Is the party winding down?
Conditions are ideal for utility financing—but not forever. Although interest rates remain low, policy changes weigh on capital structures.
Solar Screen Test
Making room on the local grid for small-scale PV.
For the first time, perhaps, the electric utility industry may need to keep track not only of peak load, but also of minimum load, as the Federal Energy Regulatory Commission reviews a proposal by the Solar Energy Industries Association to employ a new definition of minimum load under a new, relaxed threshold test that would govern eligibility for fast-tracking of applications by generation developers to interconnect new, small-scale solar energy projects to the local utility distribution grid.