Williams has agreed to refund $140 million to California’s utilities for alleged overcharges for power sales made during the state’s energy crisis in 2000 and 2001. Southern California Edison and bankrupt Pacific Gas & Electric Co. said the refund will boost their ongoing financial recovery.
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Williams’ Latest Settlement Gives Boost to California Utility Recovery Efforts
Williams has agreed to refund $140 million to California’s utilities for alleged overcharges for power sales made during the state’s energy crisis in 2000 and 2001. Southern California Edison and bankrupt Pacific Gas & Electric Co. said the refund will boost their ongoing financial recovery.
Wagner: CA Cannot ‘Substantiate’ $8.9B Refund Claim
The state of California’s persistent claim that it’s owed $8.9 billion for electricity overcharges during the May 2000-May 2001 period “has not and cannot be substantiated,” said Chief Administrative Law Judge Curtis L Wagner in his report and recommendations to the full Commission last week.
Wagner: CA Failed to ‘Substantiate’ $8.9B Refund Claim
The state of California’s persistent claim that it’s owed $8.9 billion on electricity overcharges for the May 2000-May 2001 period “has not and cannot be substantiated,” said Chief Administrative Law Judge Curtis L Wagner in his report and recommendations to the full Commission yesterday.
Oklahoma Commission Investigates Possible ONG Overcharges
Oklahoma’s record winter heating costs last season were caused by inadequate planning by Oklahoma Natural Gas Co., and thus customers should get some of their money back, according to witnesses testifying last week before the Oklahoma Corporation Commission (OCC). The Commission is looking into charges that ONG did not adequately prepare for the last winter season, which caused rates to escalate.
OK Commission Investigates Possible ONG Overcharges
Oklahoma’s record winter heating costs last season were caused by inadequate planning by Oklahoma Natural Gas Co., and thus customers should get some of their money back, according to witnesses testifying before the Oklahoma Corporation Commission this week. The Commission is looking into charges that ONG did not adequately prepare for the last winter season, which caused rates to escalate.
ISO Seeks FERC Help on Overcharges
California’s state-chartered independent transmission gridoperator, Cal-ISO, late Wednesday asked federal regulators for helpin possible refunds of up to $550 million for December and Januarywholesale charges in the emergency real-time market. Cal-ISO toldFERC the charges exceeded federally-established benchmark levels.