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Article: United States: PSNC Energy Reaches Settlement Agreement Over Retail Gas Base Rate Increase.
- Article from:
- TendersInfo
- Article date:
- August 18, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. 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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Byline: manish03
Energy holding company SCANAs natural gas distribution subsidiary PSNC Energy has entered into a stipulation, or settlement agreement with the public staff of the North Carolina Utilities Commission and the Carolina Utility Customers Association relating to the companys pending application for an increase in retail natural gas base rates.
The settlement agreement will be submitted to the North Carolina Utilities Commission (NCUC) during a public hearing scheduled for August 26, 2008. If approved by the NCUC, the settlement agreement would become effective on November 1, 2008.
The settlement agreement provides for an increase in ...