The Oklahoma Corporation Commission has approved a settlement agreement with the Oklahoma Gas and Electric Company which had initially requested a $77.6 million dollar increase to its electric rates, according to a September 19 press release. Commission Chairman Todd Hiett praised the agreement as being in the best interest of Oklahoma and achieving more than simply low-cost electricity. The commission’s…
DetailsThe Missouri Public Service Commission has approved a request by Liberty Utilities to change natural gas rates based on weather variations, according to a September 19 press release. Midstates Natural Gas Corp., a subsidiary of Liberty Utilities, requested adjustments to its natural gas rates under the weather normalization adjustment rider, which projects anticipated gas usage changes due…
DetailsThe Public Service Commission of the District of Columbia is scheduled to discuss a framework for evaluating alternative ratemaking proposals following a request by Potomac Electric Power Company to boost its electric rates, according to a September 18 notice. In May, Pepco filed an application to increase rates for its electric distribution service in the…
DetailsFossil fuels continue to account for the largest share of energy consumption in the United States. Last year, about 79 percent of domestic energy production was from fossil fuels, and 80 percent of domestic energy consumption originated from fossil fuels, according to the Energy Information Administration. The share of U.S. total energy production from fossil…
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