Over the objections of its former president, the California Public Utilities Commission Thursday approved on a 4-1 vote a $6.7 million performance-based ratemaking (PBR) award for San Diego Gas and Electric Co. under its incentive mechanism for buying natural gas supplies.
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CPUC Approves $6.7 Million SDG&E Rate Incentive Reward
Over the objections of its former president, the California Public Utilities Commission Thursday approved on a 4-1 vote a $6.7 million performance-based ratemaking (PBR) award for San Diego Gas and Electric Co. under its incentive mechanism for buying natural gas supplies.
New Jersey Regulators Approve Lower NJNG Rates for Distributed Generators
New Jersey’s Board of Public Utilities (BPU) approved a special rate plan for New Jersey Natural Gas Co.’s (NJNG) residential and commercial customers who use natural gas to fuel distributed generation technologies. Under the new rate offering, an average commercial customer could save up to 50% and a residential customer could save up to a 40% on delivery charges for natural gas used to power the small generation units, the utility said.
PUCO Approves Vectren’s Choice of Alternative Gas Supplier
The Public Utilities Commission of Ohio (PUCO) last week signed off on Vectren Energy Delivery of Ohio’s (VEDO) selection of Interstate Gas Supply Inc. (IGS) as the alternative natural gas supplier for the company’s Percentage of Payment Plan (PIPP) customers.
CPUC Calls on FERC to Reject Transwestern’s Rate Contract with Dynegy
The California’s Public Utilities Commission (CPUC) filed a request last week at FERC to reject tariff sheets submitted by Enron Corp.’s Transwestern Pipeline Co. in late October regarding a negotiated rate agreement with Dynegy Marketing and Trade. Transwestern had asked for the contract to become effective on Nov. 1.
CPUC Calls on FERC to Reject Transwestern’s Rate Contract with Dynegy
The California’s Public Utilities Commission (CPUC) filed a request Tuesday at FERC to reject tariff sheets submitted by Enron Corp.’s Transwestern Pipeline Co. in late October regarding a negotiated rate agreement with Dynegy Marketing and Trade. Transwestern had asked for the contract to become effective on Nov. 1.
CPUC Okays Storage Gas Reclassification, Sales for SoCalGas
After many months of delay, the California Public Utilities Commission Thursday authorized Southern California Gas Co. to reclassify 14 Bcf of natural gas supplies in two of its underground storage fields as part of a reworking of the fields and sell the supplies for a combination of core, noncore and open market customers as a means of keeping downward pressure on wholesale gas prices in the state. The reconfiguration of the field was originally authorized by the CPUC in June 2001.
Energy Groups Ask FERC to Mull Guidelines for Money Pools
Regulated utilities and natural gas and oil pipelines called on FERC last Wednesday to adopt industry guidelines for jurisdictional companies to follow when participating in intra-corporate cash-management programs, as an alternative to the agency’s proposed rule that seeks to set strict limits on the involvement of regulated entities in such arrangements.
Energy Groups Ask FERC to Mull Guidelines for Money Pools
Regulated utilities and natural gas and oil pipelines called on FERC Wednesday to adopt industry guidelines for jurisdictional companies to follow when participating in intra-corporate cash-management programs, as an alternative to the agency’s proposed rule that seeks to set strict limits on the involvement of regulated entities in such arrangements.
NJNG Petitions NJ Board for 3% Rate Increase
New Jersey Natural Gas Co. (NJNG) said Thursday that it has filed with the New Jersey Board of Public Utilities (BPU) for an adjustment in the price of Basic Gas Supply Service (BGSS), which will raise its customer’s bills by 3%.