Frustrated by its inability to attract investors because theyview it as a stodgy utility, Southern Company last week announced amakeover in the form of a spin-off and IPO to create a separatecompany for most of its non-utility businesses.
Because
Articles from Because
Utilipro Reorganizes, Cuts Staff
Utilipro Inc., an 80% AGL Resources-owned billing and customerservice provider, announced last week it is cutting staff andreorganizing because energy deregulation is taking hold too slowly.
Study Questions Utilities Competitive Ability
Many utilities are unprepared to handled the challenge ofcompetitive markets because their internal organizations have beenneglected, says a recent report.
Study Questions Utilities Competitive Ability
Many utilities are unprepared to handled the challenge ofcompetitive markets because their internal organizations have beenneglected, says a recent report.
Energy America Returns to NJ Electric Market
After a forced five week layoff because of marketing tacticsviolations, Energy America announced yesterday it is poised tore-enter the New Jersey electricity marketing arena. The SempraEnergy affiliate recently reached an interim agreement with stateofficials that will allow the marketer to continue servingcustomers, pending the signing of a final order.
Unethical Tactics Cause Marketer to Bow to BPU
Faced with the possibility of loosing its electric marketinglicense in New Jersey because of seedy marketing maneuvers,Sempra’s Energy America cut a deal with the state’s Board of PublicUtilities last week, agreeing to halt its marketing efforts for athree-week span, retrain its agents and stop all “unconscionablemarketing tactics.”
Sempra Affiliate to Temporarily Halt Retail Power Sales
Faced with the possibility of loosing its electric marketinglicense in New Jersey because of seedy marketing maneuvers,Sempra’s Energy America cut a deal with the state’s Board of PublicUtilities last week, agreeing to halt its marketing efforts for athree-week span, retrain its agents and stop all “unconscionablemarketing tactics.”
Transportation Notes
The electric unit at Reliant’s Buckley Compressor Station northof Shreveport, LA has shut down because of internal problems. Theoutage may last several weeks, a gas control staffer said; anupdate will be posted soon on the pipeline’s bulletin board.
Coastal’s Wisconsin Motives Questioned
Coastal says it has joined Peoples Energy to build a 130-milepipeline from Indiana to Wisconsin because the market needs thepipe. Others, especially backers of the proposed Guardian Pipeline,say the parent of ANR Pipeline is merely trying to protect its lockon the Wisconsin market.
NGPL Gets 2nd Try to Justify Proposal on Facility Damage
Maybe it was because it was Thanksgiving, but FERC was in a veryunderstanding mood last week. It agreed Natural Gas Pipeline Co.of America (NGPL) had failed to justify the need for a proposedtariff change that would hold a “party tendering gas” liable forpipeline facility damages that are caused by lower-quality gasentering NGPL’s system. The Commission, however, didn’t reject theproposal.