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W.Va. PSC OKs 9 percent rate increase for 2 AEP subsidiaries

2015-05-27 08:24:29| Energy - Topix.net

The commission on Tuesday authorized the $123.5 million increase effective immediately for customers of Appalachian Power and Wheeling Power. The PSC says the average residential customer will see an immediate increase of about $14.30 per month in their bill.

Tags: rate increase percent subsidiaries

 

Duke Energy subsidiaries plead guilty and sentenced for Clean Water Act crimes

2015-05-17 12:28:04| Energy - Topix.net

Three subsidiaries of North Carolina-based Duke Energy Corporation, the largest utility in the United States, pleaded guilty to nine criminal violations of the Clean Water Act at several of its North Carolina facilities and agreed to pay a $68 million criminal fine and spend $34 million on environmental projects and land conservation to benefit rivers and wetlands in North Carolina and Virginia. Four of the charges are the direct result of the massive coal ash spill from the Dan River steam station into the Dan River near Eden, N.C., in February 2014.

Tags: water act energy clean

 
 

3 Duke Energy subsidiaries plead guilty to 9 criminal violations of Clean Water Act; $102M settlement

2015-05-15 12:55:36| Green Car Congress

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Nortel bankruptcy: $7.3B in remaining assets to be split among subsidiaries

2015-05-13 04:06:11| Telecom - Topix.net

Since its fall, Nortel broke apart and sold off various chunks of its business, including patents and wireless technology. The scraps of bankrupt Nortel Networks, once considered the powerhouse of Canada's tech sector, will be split between the various subsidiaries it once operated around the world, according to decisions released Tuesday.

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Justice Department says Exxon Mobil subsidiaries to pay nearly $5M for 2013 Arkansas oil spill

2015-04-22 14:35:57| Oil & Gas - Topix.net

The Justice Department says two subsidiaries of Exxon Mobil have agreed to pay almost $5 million in government penalties for a 2013 oil spill in a central Arkansas community. As part of a consent decree set to be filed in a Little Rock federal court Wednesday, the companies would pay about $3.2 million in federal civil penalties in addition to addressing pipeline safety issues and oil-response capacity.

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