Duquesne Light affiliate Duquesne Enterprises and North AmericanPower Brokers are giving Pittsburgh’s retail energy customers a newway to reach up to 50 alternative energy suppliers. With the clickof a mouse button, industrial, commercial and residential customersnow can consummate gas and power transactions. The Internet-basedsystem, called the World Wide Retail Energy Exchange (REX), workssomething like a dating service for the two sides of energyindustry transactions. It also can provide a sponsoring LDC withvaluable back-office information and an advertising opportunity.
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Articles from Light
Billing Controversy in Georgia Deregulation
Atlanta Gas Light Co. (AGL) will be the first to say that warmweather and fixed prices can cause trouble. In a situation that hascaught the eye of Georgia’s Public Service Commission (PSC), AGL’snew unregulated billing has enraged hundreds of customers who,because of warm weather, have not used much gas, but still receivedwinter-like gas bills. The public outcry caused the PSC to schedulea vote on Jan. 5 to determine whether a hearing should be held toexamine re-regulating the state’s gas industry. If the commissiondecides a hearing is necessary, it will be held Jan. 26 with adecision to come shortly thereafter.
Billing Controversy Surrounds Georgia Deregulation
Atlanta Gas Light Co. (AGL) will be the first to say that warmweather and fixed prices can cause trouble. In a situation that hascaught the eye of Georgia’s Public Service Commission (PSC), AGL’snew unregulated rates have enraged hundreds of customers who,because of warm weather, have not used much gas, but still receivedwinter-like gas bills. The public outcry caused the PSC to schedulea vote on Jan. 5 to determine whether a hearing should be held toexamine re-regulating the state’s gas industry. If the commissiondecides a hearing is necessary, it will be held Jan. 26 with adecision to come shortly thereafter.
Georgia PSC Examines Over-Billing on AGL
Due to hundreds of customer complaints that Atlanta Gas Light(AGL) is over-billing, Georgia’s Public Service Commission (PSC)will vote on Jan. 5 to determine whether a hearing should be heldto examine re-regulating the state’s gas industry, the PSC toldNGI. If the commission decides a hearing is necessary, it will beheld Jan. 26 with a decision to come shortly thereafter.
Utilipro Assembles Posse for Marketer Services
AGL Resources is capitalizing on the experience gained in theprecedent-setting unbundling of its Atlanta Gas Light subsidiary,organizing a separate partnership to offer all the services acompany will need to move into the competitive market.
Peoples Sees Futures in Chicago’s Future
The bounty of Canadian gas expected to make its way to Chicagovia Northern Border and Alliance Pipeline has Peoples Gas Light& Coke thinking its system could host the delivery point foryet another gas futures contract.
Carolina Power Buys NC Natural Gas for $354 M
Seeking to become a “one-stop” energy shop and a larger regionalenergy company, Carolina Power and Light (CP&L) announced itsinitial entry into the gas industry with the acquisition of NorthCarolina Natural Gas (NCNG) through a stock-for-stock transactionworth $354 million. The agreement is still pending state regulatoryand shareholder approval, so no closing date has been announced.The acquisition reflects the strategy CP&L announced last Aprilto become “an organization with the potential to be a one-stopshopping service for our customers.”
Carolina Power Buys NC Natural for $354 M
Seeking to become a “one-stop” energy shop and a larger regionalenergy company, Carolina Power and Light (CP&L) announced itsinitial entry into the gas industry with the acquisition of NorthCarolina Natural Gas (NCNG) for $354 million in stock. Theagreement is still pending state regulatory and shareholderapproval, so no closing date has been announced.
Peoples Gas, North Shore File to Fix Rates for 5 Years
Following the lead of Central Illinois Light Co. (CILCO),Peoples Energy’s Chicago gas utilities, Peoples Gas and North ShoreGas, last week took advantage of a state law passed last year thatallows the LDCs to request approval of fixed annual gas rates.
First Deliveries Arrive In Georgia Unbundling
Only five of a possible 19 marketers are making deliveries toabout 16,000 out of 1.4 million customers of Atlanta Gas Light thismonth, but it’s a start in the LDC’s state-approved plan to workits way out of the regulated merchant business.