Pacific Gas and Electric Company emerged from Chapter 11, with the completion of its restructuring process and implementation of a reorganization plan that was confirmed by the U.S. Bankruptcy Court on June 20, according to a July 1 announcement. The utility deposited about $5 billion in the $21 billion wildfire fund established last year to…...
The Public Utility Commission of Texas on July 2 announced an extension of the state’s Electricity Relief Program deadline from July 17 to August 31, 2020 as COVID-19 challenges continue. The commission launched the program on March 26, in order to relieve the burden of retail electricity customers by protecting them from disconnections for non-payment…...
The Virginia State Corporation Commission on July 2 approved Dominion Energy Inc.’s renewable energy rate, providing its customers the option to purchase 100 percent renewable-sourced electricity. As designed, the rate would charge a $3.98 premium per month besides the standard rate for a residential customer using 1,000 kilowatt hours of electricity on average, adding annual…...
The U.S. Court of Appeals for the D.C. Circuit on June 30 ruled that the Federal Energy Regulatory Commission cannot indefinitely delay requests for rehearing of cases under the Natural Gas Act by issuing tolling orders, which extend the 30-day time period for the agency to act on the petitions. The 10-1 ruling concluded that…...
