Tuesday, May 15, 2012

ATC Names Catherine Heigel General Counsel - MarketWatch

PEWAUKEE, Wis., May 15, 2012 (BUSINESS WIRE) -- Catherine E. Heigel has been named vice president, general counsel and corporate secretary of American Transmission Co., effective June 25, 2012. She will have responsibility for legal and state regulatory staffs at ATC.

Sunday, May 13, 2012

Trading the pump for a plug is catching on - Business - TheState.com

Kristy Eppley Rupon
May 13, 2012
Plug-in Carolina received a $480,000 federal grant from the Department of Energy to install 65 charging stations. It was able to stretch that money to open 93 charging stations in nine cities throughout the state, Poch said. That includes two charging stations in each of Columbia’s city-owned parking garages.

Read more here: http://www.thestate.com/2012/05/13/2272918/trading-the-pump-for-a-plug-is.html#storylink=cpy

Earthquake threat prompts questions at nuclear plant - Local / Metro - TheState.com

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.

Read more here: http://www.thestate.com/2012/05/13/2273934/earthquake-threat-prompts-questions.html#storylink=cpy

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.

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'

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.

Read more here: http://www.thestate.com/2012/05/05/2263542/duke-energy-earnings-fall-on-construction.html#storylink=cpy

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.

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