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Article: DPU approves Bay State Gas rate redesign settlement.
- Article from:
- Business Wire
- Article date:
- December 26, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WESTBOROUGH, Mass.--(BUSINESS WIRE)--Dec. 26, 1995--Bay State Gas Company (NYSE: BGC) recently received approval from the Massachusetts Department of Public Utilities (MDPU) to redesign its gas rates and to launch a Massachusetts Residential Unbundling Pilot Program.
This pilot is expected to be the first program of its kind offered in New England.
"Similar to the transformation that has already taken place in the telecommunications industry in the United States and the transformation under way in the United Kingdom and Canadian energy industries, we see the U.S. retail gas industry ultimately evolving to become a fully unbundled, competitive industry," said ...