Sammy Fretwell
May 13, 2012
While the Westinghouse Electric Co. plant meets current safety standards, federal inspectors say the company didn’t follow through on recommendations made nine years ago to further reduce chances that radiation would leak during a big quake.
SC Utility News Digest - a Service of the Terreni Law Firm, LLC
Sunday, May 13, 2012
Thursday, May 10, 2012
Solar Installers Offer Homeowners Deals, Gaining Converts - NYTimes.com
Diane Cardwell
May 9, 2012
The structure of the deals varies by company and state, but the overall approach is generally the same: Customers agree to pay a fixed monthly charge or rate for all the solar power produced, and the companies that finance the systems pay for the installation and take the value of any tax breaks or renewable energy credits for which the customer would ordinarily be eligible. Some companies concentrate on financing and use local contractors for sales and installation, while others do everything themselves.
May 9, 2012
The structure of the deals varies by company and state, but the overall approach is generally the same: Customers agree to pay a fixed monthly charge or rate for all the solar power produced, and the companies that finance the systems pay for the installation and take the value of any tax breaks or renewable energy credits for which the customer would ordinarily be eligible. Some companies concentrate on financing and use local contractors for sales and installation, while others do everything themselves.
Wednesday, May 9, 2012
SCANA Falls From Fortune 500
Staff Report, May 9, 2012
"Energy provider SCANA Corp., headquartered in Cayce, has fallen from the Fortune 500 list of the largest U.S. companies based on last year’s revenue.
It was the first time that SCANA, which last year was ranked No. 483, had failed to make the list since 2001."
'via Blog this'
"Energy provider SCANA Corp., headquartered in Cayce, has fallen from the Fortune 500 list of the largest U.S. companies based on last year’s revenue.
It was the first time that SCANA, which last year was ranked No. 483, had failed to make the list since 2001."
'via Blog this'
Sunday, May 6, 2012
Duke Energy earnings fall on construction costs - Business - TheState.com
Jonathan Fahey, Associated Press
NEW YORK — Duke Energy Corp. says its net income fell 42 percent in the first quarter because of cost overruns at a coal plant under construction in Indiana.
The company said its underlying earnings grew slightly, though, despite a warm winter that reduced electric power demand and earnings at electric utilities nationwide. Duke’s earnings were boosted by higher electric rates in the Carolinas, reduced costs, and higher power sales and rates in Brazil.
NEW YORK — Duke Energy Corp. says its net income fell 42 percent in the first quarter because of cost overruns at a coal plant under construction in Indiana.
The company said its underlying earnings grew slightly, though, despite a warm winter that reduced electric power demand and earnings at electric utilities nationwide. Duke’s earnings were boosted by higher electric rates in the Carolinas, reduced costs, and higher power sales and rates in Brazil.
Friday, May 4, 2012
Progress and Duke dismiss critics as merger ruling looms - chicagotribune.com
John Murawsky
The News & Observer
The two electric companies urged the Federal Energy Regulatory Commission to reject objections to the proposed merger and quickly approve the deal in a regulatory filing this week.
Raleigh-based Progress and Charlotte-based Duke are anticipating a decision from the federal commission as early as next month. The commission has twice before rebuffed the merger, but each time gave the power companies an opportunity to revise their application.
The News & Observer
The two electric companies urged the Federal Energy Regulatory Commission to reject objections to the proposed merger and quickly approve the deal in a regulatory filing this week.
Raleigh-based Progress and Charlotte-based Duke are anticipating a decision from the federal commission as early as next month. The commission has twice before rebuffed the merger, but each time gave the power companies an opportunity to revise their application.
SCE&G likely to seek another rate hike - Business - TheState.com
Kristy Eppley Rupon
S.C. Electric & Gas customers can expect to pay more for their power in the coming months as planned rate increases go into effect. The company also likely will ask for another rate increase that would go into effect next year, officials said during a SCANA earnings call with investment analysts Thursday.
S.C. Electric & Gas customers can expect to pay more for their power in the coming months as planned rate increases go into effect. The company also likely will ask for another rate increase that would go into effect next year, officials said during a SCANA earnings call with investment analysts Thursday.
Thursday, April 26, 2012
SCE&G releasing water into rivers - Local / Metro - TheState.com
SCE&G is releasing a high volume of water from the Lake Murray dam, enough to make playing on the water downstream, especially on the rocks and islands, dangerous. The water level was near 10,000 cubic feet per second at 3:30 p.m., a volume which can push water over many of the islands and even into a few low-lying sections of the Cayce-West Columbia Riverwalks.
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