Duke Energy Ohio Reaches Agreement on Electric Security Plan

Duke Energy Ohio announced today that a settlement agreement has been reached with most intervening parties, the Staff of the Public Utilities Commission of Ohio (PUCO) and the Ohio Consumers’ Counsel on its electric security plan under Ohio’s new energy law. The agreement, which establishes generation rates for 2009 through 2011, must be... 

Avista Re-Files in Oregon for Lower Annual Natural Gas Adjustment

Avista has re-filed a request with the Public Utility Commission of Oregon to decrease the company’s annual purchase gas cost adjustment (PGA) effective Nov. 1, 2008. If approved by the commission, a residential customer using an average of 53 therms of natural gas per month would see their monthly bill decrease by $3.28, or 4.1 percent, for a... 

Kraft Highlights Alternative Energy Initiatives at Two New York Plants

With a vested interest in conducting business in a way that meets the needs of the present without compromising the ability of future generations to meet their own needs, Kraft Foods has placed sustainability at center stage. Two of its New York cheese plants took leading roles today, as Kraft announced completion of waste-to-energy projects at manufacturing... 

Terasen Gas receives BCUC approval to lower natural gas commodity rates

Terasen Gas has received approval from the B.C. Utilities Commission (BCUC) to lower natural gas commodity rates for the majority of customers in B.C. The rate decreases will take effect October 1, 2008. “In response to changing market prices since our rate filings with the BCUC last week, we have updated our applications, requesting lower commodity... 

Terasen Gas applies to lower natural gas rates

Terasen Gas has now filed applications to the British Columbia Utilities Commission (BCUC) to reduce its natural gas commodity rates for customers in most regions of B.C. If the applications are approved, commodity rate decreases will take effect October 1, 2008. “We are pleased market conditions have changed allowing us to apply for lower customer... 

Exelon Announces $1.5 Billion Share Buyback; Revises Full Year 2008 Earnings Guidance

Exelon Corporation announced that its board of directors has approved a share repurchase program for up to $1.5 billion of its outstanding common stock. Exelon expects to complete the share repurchase program within the next six months. “We have an increasingly strong cash flow profile and balance sheet, which allow us to pursue new growth opportunities... 

We Energies, Madison Gas & Electric, Wisconsin Public Power Commit to Additional Environmental Initiatives

We Energies, Madison Gas & Electric and Wisconsin Public Power today announced a significant new commitment to environmental initiatives. They include reductions in greenhouse gases, investments in additional renewable energy resources, funding to protect Lake Michigan’s ecosystem and the retirement of older, less-efficient generation. “Coupled...