4 ordspråk av Walter Higgins

Walter Higgins

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This action by the Federal Trade Commission marks another step forward in our strategy to become more self-sufficient in ownership of generation assets relative to the needs of our customers.

Prices for natural gas have skyrocketed to unprecedented levels across the nation over the past year.

All of forms of power generation create carbon. Some sort of carbon sequestration is the most likely intermediate-term carbon solution.

We said at the time of the filing that we were hopeful natural gas prices would decline so that we could reduce our rate request. Indeed over the last few months we have seen such decline, resulting in our decision to amend our original request to change our going-forward rates. While we certainly would have liked to see an even larger decline in costs, this is somewhat better news for our customers and we are hopeful the downward trend will continue.

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