By Mark Chediak and Jim Polson on November 30, 2012
Duke will create a special committee of the board comprised equally of pre-merger Duke and Progress directors to choose a successor for Rogers, according to a filing yesterday with the U.S. Securities and Exchange Commission. The committee “will make its best effort” to have a new chairman, president and CEO of Duke in place by July 1, and no later than Dec. 31, 2013, according to the settlement.
SC Utility News Digest - a Service of the Terreni Law Firm, LLC
Saturday, December 1, 2012
Thursday, November 29, 2012
Duke Energy's Rogers: Efficiency, shale gas will drive dramatic change in energy industry | Duke Today
November 28, 2012 |
He called shale gas a "bridge fuel" between existing technologies and energy sources that have yet to be refined or created, and predicted a continued struggle between regulators and providers, given the increasingly cheap cost of natural gas generation.These changes and other innovations will lead to a "virtual white sheet of paper" for the utility industry in the second half of the 21st century, he said, with all existing power plants likely to be retired by 2050.
Wednesday, November 28, 2012
Mignon Clyburn up for reupping
Dave Seyler
Democratic FCC Commissioner Mignon Clyburn has been nominated to a second term on the Commission, and her Senate confirmation hearing has now been put on the calendar.
The Senate Commerce Committee will consider a slate of six nominees for various posts on Tuesday 12/4/12 at 2:30 PM. Clyburn is among them.
Democratic FCC Commissioner Mignon Clyburn has been nominated to a second term on the Commission, and her Senate confirmation hearing has now been put on the calendar.
The Senate Commerce Committee will consider a slate of six nominees for various posts on Tuesday 12/4/12 at 2:30 PM. Clyburn is among them.
Tuesday, November 27, 2012
Public has power in SCE&G hike - Business - TheState.com
The publicity campaign, dubbed “Pull the Plug on Higher Utility Costs,” included robocalls and was centered in 23 S.C. counties where the SCE&G rate increase would apply, and AARP members would be affected, Cobb said.
Monday, November 26, 2012
Columbia council faces tough choices on utility rates - Local / Metro - TheState.com
Clif LeBlanc
Council is searching for a way to placate customers angered by rate hikes that took effect in July and still try to satisfy federal environmental regulators who are about to come down with tough sanctions for years of neglecting to maintain pipes and plants, in violation of national pollution standards.
Council is searching for a way to placate customers angered by rate hikes that took effect in July and still try to satisfy federal environmental regulators who are about to come down with tough sanctions for years of neglecting to maintain pipes and plants, in violation of national pollution standards.
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