Utility Regulatory News
The utility reporter specializing in weekly coverage of state PUC rulings.
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News Excerpts From a Recent Utility Regulatory News
LETTER # 3950 -- December 25, 2009
FOSSIL FUEL PLANT DIVESTITURE PLAN
NY Approves Energy East Asset Auction
The New York Public Service Commission (PSC) has approved the process by which Iberdrola SA, the owner of Rochester Gas & Electric Corporation (RG&E), would sell off certain fossil fuel plants as required under an approved plan to purchase RG&E and New York State Gas & Electric Corporation (NYSG&E). Iberdrola is a large multinational electric utility company, based in Spain, and is a world leader in the development of renewable power. NYSG&E and RG&E both are owned by Energy East Corp. ...
TELECOM UNIVERSAL SERVICE FUND
Idaho Orders Rate Hikes for Rural Carriers
The Idaho Public Utilities Commission (PUC) has ruled that small rural telephone companies providing service across the state must increase their rates if they are to continue to receive funding designed to equalize rates between customers in urban areas and those in rural areas. It said that eight rural telephone companies have been eligible to receive money from the state Universal Service Fund (USF) and that fund rules require that a carrier’s average residential and business local exchange rates must be in excess of 125% of the weighted statewide average rates for the same services to qualify for assistance. The commission concluded that the residential line rate for the eight USF companies is $24.10 and to retain their USF eligibility, the companies will need to raise their residential rates to $25.76. It emphasized that the lower rate has been in place for ten years or more for most of these companies. ...
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