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Pepco, Delmarva Ask to Withdraw SOS CWC Tariffs from Admin Meeting
Pepco and Delmarva Power filed formal requests with the Maryland PSC to withdraw their January 18, 2011 tariff filings, under which SOS rates would be increased next month to reflect higher cash working capital costs, from today's PSC administrative meeting (see 1/25). It was not clear what effect withdrawing the tariffs from the Commission meeting would have on the utilities' previous intention to place the tariffs into service by operation of law.


Dynegy Receives No Bona Fide Offers in Go-Shop Period
Dynegy Inc. announced yesterday that it did not receive any bona fide acquisition proposals prior to the expiration of its go-shop on January 24, 2011. Dynegy has entered into an agreement to be acquired by Icahn Enterprises L.P. for $665 million.


DPUC Draft Would Set Hearing on NU-Nstar Review Question
The Connecticut DPUC issued a draft administrative order yesterday under which it would hold public hearings and oral arguments regarding whether it has, and if so should exercise, authority over the Nstar-Northeast Utilities merger. As only noted in Matters (1/20), a pending draft order would affirm a prior decision that the DPUC need not approve the merger. The hearing would be held to further inform the Commission before issuing a final order on the jurisdictional issue. Separately, Sen. John Fonfara and Rep. Vickie Nardello asked the DPUC to hold such hearings as contemplated by the draft, noting that while they could introduce legislation to address their concerns about their merger, they prefer to "honor the regulatory process."


FirstEnergy Ohio Utilities Seek Ohio Solar Force Majeure Declaration
The FirstEnergy Ohio utilities have sought a declaration of force majeure concerning the in-state Ohio solar RPS requirement, stating that insufficient solar RECs exist to meet the benchmark for 2010. Despite several RFPs, bilateral negotiations, and a customer-sited REC purchase program, the FirstEnergy utilities only obtained 112 delivered in-state solar RECs of the required 3,206. The FirstEnergy companies asked that their compliance mandate be lowered to the 112 in-state solar RECs procured.


Reliant Energy Named Official Supplier of Houston Technology Center
Reliant Energy has been named official energy supplier of Houston Technology Center, and will provide all of the electricity for HTC's two-building campus on 410 Pierce Street in midtown Houston. The Houston Technology Center provides education, insight, and access to capital that entrepreneurs need for commercialization.

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Briefly, January 26, 2011 | EnergyChoiceMatters.com