Roundtable of Three Southeastern CFOs in July's PUF
Happy Tesla’s Birthday!
Rate Case Roundup: Illinois
The Illinois Commerce Commission released two rate case decisions in May, one for an electric utility and one for a natural gas local distribution company (LDC). In the electric rate docket, Mt. Carmel Public Utility Company had petitioned for $1.9 million in additional revenues, representing an overall increase of 16.75%. Although the commission assented to the entirety of the request, it did not agree to allocate the increase to all customer classes on a uniform across-the-board basis.
Rate Case Roundup: Louisiana
Connecticut Affirms Existing TOD Tariff Schedules
Coal Plant Closure
Rate Case Roundup: Kentucky
Although approving an increase in base rates for an electric cooperative, the Kentucky Public Service Commission acted to keep the revenue increase at the lowest level possible, by disallowing a portion of the costs of retirement, life insurance, health care, and dental benefits claimed by the co-op, Farmers Rural Electric Cooperative Corporation. The commission ruled that the smaller increase still would allow Farmers to meet its financial obligations, including satisfying the terms of its loan agreements.