On May 19, 2016, the New York State Public Service Commission (the “PSC”) released Filing No. 749 entitled “Order Adopting a Ratemaking and Utility Revenue Model Policy Framework,” which was made in furtherance of the State’s focus on utility operations increasing their renewable sources of energy in the State.
While natural gas pipeline expansion remains a critical part of building today’s U.S. infrastructure, it would appear that the announcement of numerous pipeline projects has calmed the anxiety of the industry, as attention is now focused on securing regulatory approvals for the proposed projects. According to the 2015 Black & Veatch Strategic Directions: U.S. Natural… Keep reading →
Utilities are entering a new era of customer engagement, spawned by the growing connected device market. To be successful and sustainable, utilities should focus on creating a simple and personalized dialogue with each customer – a concept that could be described as the “Customer of One.” Technology plays a pivotal role in this manner and… Keep reading →
The vast majority of natural gas local distribution companies (LDCs) are optimistic about the industry’s growth prospects between now and 2020. This confidence is displayed in their expansion activities across the United States – 42 percent of LDC survey respondents said their company had an active expansion program that had either received regulatory approval, is… Keep reading →
On December 3, 2015, the Florida Public Service Commission (PSC) voted to approve the continuation of the state’s investor-owned utilities’ (IOUs) natural gas financial hedging activities. The decision is a setback for consumer groups, which requested that hedging be abandoned in view of prolonged periods of losses. Florida’s natural gas hedging programs have cost ratepayers… Keep reading →
