Monthly Archives: April 2013

N. Carolina Supreme Court Reverses State PSC Approval of Duke Power Electric Rate Settlement Finding Insufficient Review of 10.5% Profit and Customer Impact

The North Carolina Supreme Court on April 12, 2013 issued an opinion nullifying a Duke Power rate settlement approved by that state’s Public Service Commission (PSC).  Duke Power in its initial rate case filing had asked for an increase of $646,057,000, to cover anticipated future costs of operation and maintenance and an profit allowance of 11.5%, representing Read more…

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PSC Begins Proceeding to Review and Possibly Reduce National Fuel’s Natural Gas Rates, based on Estimate of 13.15% ROE Under Current Rates

The PSC has issued an order to show cause commencing a rate review proceeding to review reasonableness of the rates, terms and conditions of service of National Fuel, which serves  natural gas customers in the Buffalo area.  The Commission order indicates the possibility that the rates, last set by PSC order in 2007, are now Read more…

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PSC Begins Proceeding to Review and Possibly Reduce National Fuel’s Natural Gas Rates, based on Estimate of 13.15% ROE Under Current Rates (New York’s Utility Project)

The PSC has issued an order to show cause commencing a rate review proceeding to review reasonableness of the rates, terms and conditions of service of National Fuel, which serves  natural gas customers in the Buffalo area.  The Commission order indicates the possibility that the rates, last set by PSC order in 2007, are now Read more…

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PSC Warns Landlords to Follow Submetering Orders Allowing Sale of Electric Service to Residential Tenants

Landlord submetering of utility service to residential customers can rob end users of their consumer sovereignty by controlling the energy sources they need to sustain themselves.  Historically, in response to landlord abuses in tying their tenants to landlord designated suppliers of essential services, the legislature prohibited landlords from requiring tenants to buy fuel, ice or Read more…

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PSC to Hold Additional Hearings April 17 and 18 on Proposal to Approve Fortis Acquisition of Central Hudson

On April 2, the PSC issued a Notice that additional public hearings will be conducted regarding a proposed settlement regarding the acquisition of Central Hudson Gas & Electric Company by Fortis, Inc.  The Notice states that “The purpose of these hearings is to allow interested members of the public to provide their views personally before Read more…

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