Utility Financing: Hearing Before the Subcommittee on Energy Conservation and Power of the Committee on Energy and Commerce, House of Representatives, Ninety-seventh Congress, First Session, on the Financial Condition of Utilities and Their Future in the 1980's, April 6, 1981

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Page 244 - BBI climbed to . 9.44% during the last week of March and the first week of April before declining sharply to 7.11% on May 8.
Page 35 - First Vice President of the National Association of Regulatory Utility Commissioners and am Chair of the NARUC Committee on Communications.
Page 268 - Indeed, two-thirds of local, publicly owned electric utilities purchase power at wholesale from either publicly owned power marketing agencies or investor-owned utilities -- and such power supply arrangements present a number of current and potential problems in the areas of both availability and cost. In the case of power supply arrangements with investor-owned utilities (925 public power systems buy all or part of their power supply from private power companies;, the problems are the most Immediate...
Page 274 - Ohio and Pennsylvania seeking a license for the Perry project that the companies exhibited increasing dominance of the bulk power services market -- a trend which an Atomic Safety and Licensing Board found "has not been passive or accidental but has been the result, at least In part, of policies such as refusing to engage in third party wheeling, emergency Interconnection, or reserve sharing " • Asserted 1n a decision by the NRC Appeal Board that the refusal of a private power company in Michigan...
Page 27 - Taxes" includes taxes on physical property (including land) during the period of construction and other taxes properly includible in construction costs before the facilities become available for service. (17) "Interest during construction...
Page 287 - Inflation-proof" fuel — falling water — looks very good to many public agencies now in the power generation business. And systems which do not now generate are also finding it prudent to examine hydro power because the same high fuel costs are showing up In their wholesale purchase rates. Small-scale hydro electric projects have special appeal for local public power systems, because most of them are small; an estimated three-fourths are located In communities of l0,000 persons or less. A low-head...
Page 105 - Summary of Projected Peak Demand, Generating Capability, and Fossil Fuel Requirements for the Regional Reliability Councils of NERC (Princeton, NJ: National Electric Reliability Council, 1980) , p.
Page 141 - Arkansas Public Service Commission, Docket No. U-2903, in the Matter of the Application of Arkansas Power and Light Company, Arkansas Electric Cooperative Corporation, and City Water and Light Plant of Jonesboro, Arkansas, for a certificate of environmental compatibility and public need for construction of an electric generating plant and associated fuel supply and other facilities near Newark, Independence County, Arkansas, 1978; "Prepared Testimony of WRZ Willey on Behalf of Attorney General Bill...
Page 272 - An example of such a transition is currently provided by experience in Georgia. In 1972, the 50 municipal electric systems in Georgia decided that the soaring cost of wholesale power and lack of assurance of future supply dictated that they get into the business of generating electricity. The Georgia Power Company had opposed such efforts in the past. In 1974, faced with antitrust review of its activities at the Nuclear Regulatory Commission the company decided that joint ownership with its wholesale...
Page 44 - Canadian control led, ventures to supply power on a long term basis to American utilities and which will be developed far in advance of the need for full Canadian utilization. These activities have prompted the Memphis Commercial Appeal to say, "...It may be unlikely that hydroelectric power from Quebec alone wi.ll cause the ^industrialization of New England in the next few years. But that water power could be the start of such a movement, even as hydro power was the start of industrialization in...

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