The owners of the Vogtle nuclear plant on Sept. 26 agreed to continue with the project expansion after resolving issues over budget overruns. The deal follows majority owner Southern Company’s announcement in August to raise project costs by $2.3 billion, prompting a vote on the future of the project under provisions of the joint ownership…
DetailsThe Idaho Public Utilities Commission approved Intermountain Gas Company’s purchased gas adjustment that will lower gas bills by about 10 percent for residential customers and 11.9 percent for commercial customers on Oct. 1, according to a Sept. 26 press release. The annual adjustment reflects changes in the costs incurred by the utility to purchase, store,…
DetailsThe Ohio Public Utilities Commission approved a settlement allowing Dayton Power & Light Company to raise its distribution revenues by $29.78 million annually, and set a rate of return of 7.27 percent, according to a Sept. 26 press release. The rates reflect savings under the federal tax law which slashed corporate income tax to 21…
DetailsThe U.S. Interior Department proposed to offer all available unleased areas in the Gulf of Mexico for oil and gas leasing in the auction to be held in March 2019, according to a Sept. 25 press release. The auction marks the fourth offshore sale under the 2017-2022 leasing program. The last auction held in August…
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