Monday, October 17, 2011

N.C. officials waive rules to allow Duke, Progress to amend merger proposal | CharlotteObserver.com & The Charlotte Observer Newspaper

John Murawski
"The utilities are going to propose what is known as a "virtual divestiture" -- that is, selling off wholesale power at guaranteed prices. The companies told the N.C. commission on Oct. 7 their modification will entail selling 800 megawatts of wholesale power in the winter and 225 megawatts in the summer at a price with a fixed 10 percent profit margin, rather than a negotiated profit margin. The feds are expected to rule this year if those measures are adequate.

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F.C.C. and Wireless Carriers Agree to Alerts to Fight ‘Bill Shock’ - NYTimes.com

Edward Wyatt
"WASHINGTON — Users of cellphones and other wireless devices who are nearing their monthly limit for voice, text or data services will receive alerts when they are in danger of being charged extra, under an agreement reached by carriers and the Federal Communications Commission."

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