Merger to Benefit LDC Gas Procurement Efforts

Fortnightly Magazine - March 1 1996
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The Iowa Utilities Board (IUB) has permitted MidAmerican Energy Co. (em the corporate parent of recently merged Midwest Gas and Iowa-Illinois Electric and Gas Co. (em to include combined gas-procurement performance data as part of an experimental gas-supply incentive program originally designed for MidWest Gas alone. The IUB rejected a proposal to terminate the program and consider separate programs for the companies, finding an artificial separation of the performance data of the now-combined gas-supply departments unproductive. The IUB argued that including the former Iowa-Illinois in the experiment would improve MidAmerican's bargaining position and possibly engender greater cost savings. Re MidAmerican Energy Co., Dkt. No. RPU-94-3, Dec. 11, 1995 (Iowa U.B.).


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This full article is only accessible by current license holders. Please login to view the full content.
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