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Fortnightly Magazine - October 1 1995

Utah Approves Sale of Telephone Exchange, Allocates Gain

The Utah Public Service Commission (PSC) has approved the sale of several local telephone exchanges by

U S WEST to South Central Utah Telephone Association, and also approved an agreement governing the rate treatment for the associated gain to U S WEST. The rate agreement allows U S WEST to retain for shareholders a portion of the gain on the sale in return for an obligation to pay for certain system upgrades and reduce the sales price for other transfers currently under consideration by the PSC.

Byline: 
Phillip S. Cross
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CMS Energy Reveals LILCO Role

CMS Energy Corp. has come clean as the "unnamed" potential investor in the plan announced in June by the Long Island Power Authority (LIPA) to acquire the Long Island Lighting Co. (LILCO).

CMS had not revealed its involvement in the proposed takeover before because its participation through a management services agreement is conditioned on the support of N.Y. Gov. Pataki. The company said it still is interested in providing the management services if the governor and other state officials decide a takeover is in the best interests of the citizens of Long Island.

Byline: 
Lori A. Burkhart
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Utah Approves DSM Lost Revenue Recovery Rejects Statistical Recoupling

The Utah Public Service Commission has approved an agreement to continue allowing PacifiCorp to recover lost revenues associated with

demand-side management programs. A study of the functioning of interim policies on DSM cost-recovery methods indicated that the lost revenue recovery encouraged the utility to meet its conservation resource goals, according to the PSC.

Byline: 
Phillip S. Cross
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