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Pennsylvania utilities oppose CWIP funds denial

Journal Article · · Energy User News; (United States)
OSTI ID:5206162
Pennsylvania utilities claim that a bill eliminating construction work in progress (CWIP) funding that allows costs to be passed through will limit their ability to construct new plants. The utilities claim that CWIP reduces rates in the long run by lowering the cost of high interest rates for loans, but industrial users argue that they don't want to pay for new plants before receiving the benefits in what they term as forced investment. The issue has focused on a recent denial to Philadelphia Electric Co. of a $500 million rate increase to help finance a nuclear plant. (DCK)
OSTI ID:
5206162
Journal Information:
Energy User News; (United States), Journal Name: Energy User News; (United States) Vol. 7:25; ISSN EUSND
Country of Publication:
United States
Language:
English

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