Captive coal: lining their own pockets
Journal Article
·
· Power Line; (United States)
OSTI ID:5113903
Consumers are organizing to reverse the high rates that utilities generated by buying their own coal mines and passing on high prices to ratepayers. Utilities in West Virginia and Pennsylvania hope to divert regulatory action by divesting their captive coal holdings, while North Carolina regulators forced Duke Power to lower the price paid for its coal by refusing to allow a full pass-through of costs. Comparisons of utility payments for captive versus independent coal show that the practice has been profitable, but consumer protests and regulatory action could make those profits a liability.
- OSTI ID:
- 5113903
- Journal Information:
- Power Line; (United States), Journal Name: Power Line; (United States) Vol. 9:7-8; ISSN POLID
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
01 COAL, LIGNITE, AND PEAT
015000 -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294001 -- Energy Planning & Policy-- Coal
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CARBONACEOUS MATERIALS
COAL
CONSUMER PROTECTION
COST
COST RECOVERY
ELECTRIC UTILITIES
ENERGY SOURCES
FOSSIL FUELS
FUELS
MATERIALS
OPERATING COST
PRICES
PUBLIC UTILITIES
REGULATIONS
015000 -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294001 -- Energy Planning & Policy-- Coal
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
CARBONACEOUS MATERIALS
COAL
CONSUMER PROTECTION
COST
COST RECOVERY
ELECTRIC UTILITIES
ENERGY SOURCES
FOSSIL FUELS
FUELS
MATERIALS
OPERATING COST
PRICES
PUBLIC UTILITIES
REGULATIONS