Producers may be walking around barefoot and hungry after thefinancial struggle in 1998, but LDCs’ wallets are thin as well. Theexceptionally warm year cut gas distribution throughputsignificantly and several local distribution companies ended theyear in the red. Average net income declined 10% for 19 gas andcombination utilities that reported earnings last week or the weekprior.
Struggle
Articles from Struggle
CA Utilities Struggle to Meet New Affiliate Rules
California is learning the hard way that yet another earlyoffshoot of more competitive energy markets is the arcane world oftrying to police the activities between state-regulated utilitiesand their unregulated affiliates operating in the gas and electricmarkets. Nearing the end of its first year of dealing with thisissue, California is experiencing, at best, an uneasy peace betweenstate regulators and the state’s three major investor-owned utilityholding companies.
19 Marketers Struggle to Prepare for Georgia Competition
Scana Energy Marketing could have the early lead in Georgia’sretail gas market. Its mass marketing campaign and generousincentives for residential customers to switch suppliers seem tohave caught many competitors by surprise.
Marketers Struggle to Prepare for Georgia Competition
Scana Energy Marketing could have the early lead in Georgia’sretail gas market. Its mass marketing campaign and generousincentives for residential customers to switch suppliers seem tohave caught many competitors by surprise.