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News in Brief: July 2008

Power prices exorbitant, new coalition maintains July 18, 2008 The American Public Power Association, a $13 million-revenue industry group in Washington, D.C., has launched a coalition to encourage federal regulators to investigate rising prices of wholesale electricity. The new Campaign for Fair Electric Rates joins together public interest groups, state industrial organizations, utility companies and national trade associations to urge reform of the wholesale electricity market, deregulated 10 years ago and now operated by regional transmission organizations (RTO) created by the Federal Energy Regulatory Commission (FERC). The Campaign wants the very commission that… Read More