Printer Friendly

UTILITIES APPLAUD ORDER REJECTING SETTLEMENT

 UTILITIES APPLAUD ORDER REJECTING SETTLEMENT
 LANSING, Mich., April 2 /PRNewswire/ -- The following was released


today be the Michigan Municipal Cooperative Group:
 Utilities serving more than 1 million people applauded the Michigan Public Service Commission's (MPSC) April 2 order rejecting a proposed settlement by Consumers Power Company relating to its Midland Cogeneration Venture and other affiliates. The MPSC rejected the proposed settlement due to widespread opposition and because the settlement, taken as a whole, was not reasonable or in the public interest. In a hearing held Tuesday, the settlement was opposed by 22 parties representing a wide range of interests, including Michigan Attorney General Frank Kelley, the Michigan Municipal Cooperative Group (MMCG), residential rate payers, cogenerators and others.
 MMCG Steering Committee Chairman Joseph Wolfe said, "The MPSC acted properly in rejecting this settlement. As we told the MPSC on Tuesday, MMCG is strongly in favor of competitive markets where all utilities have fair transmission access so they can obtain electricity from the least expensive source, wherever it may be. The proposed settlement would have gone in the other direction by allowing Consumers Power to purchase additional amounts of high-priced electricity from its affiliates."
 One of the concerns of parties opposing the settlement was a provision which would have granted transmission line access to private companies.
 "The proposed settlement would have allowed private companies to use Consumers Power's transmission lines to bring in less expensive power from remote sources," Wolfe explained. "For years, MMCG has requested fair access to transmission lines for all utilities. If Consumers Power is willing to grant such transmission concessions for private companies, it should certainly do so for our cities and cooperatives who have a duty to serve the public as a whole."
 Wolfe said he hoped that in the future, Consumers Power would negotiate with all interested parties on this and other points to help keep electric rates affordable for all Michigan residents.
 MMCG is made up of municipal and cooperative utilities which serve more than 1 million people with electricity. MMCG member utilities have two general goals: To assure fair prices on electricity Consumers Power buys from its Midland Cogeneration Venture and Palisades Generating Company affiliates and to assure fair access to Michigan's transmission lines.
 -0- 4/2/92
 /CONTACT: Joseph Wolfe of MMCG, 517-371-6030; or attorney Robert Jablon, 202-879-4000, for MMCG/
 (CMS) CO: Michigan Municipal Cooperative Group; Consumers Power Company;
 CMS Energy Corporation ST: Michigan IN: UTI SU:


JG -- DE029 -- 4619 04/02/92 17:46 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 2, 1992
Words:413
Previous Article:HEALTH AND REHABILITATION PROPERTIES TRUST RESPONDS TO UNUSUALLY LARGE TRADING VOLUME
Next Article:AMERICAN STOCK EXCHANGE DAILY REPORT


Related Articles
CONSUMERS POWER WORKING WITH SETTLEMENT PARTIES TO BROADEN SUPPORT
CONSUMERS POWER COMPANY, MPSC STAFF, OTHERS ANNOUNCE REVISED SETTLEMENT PROPOSAL
EDISON HITS ALTERNATE PROPOSED DECISION FOR 1995 GENERAL RATE CASE
MCI Worldcom Statement.
AT&T Reaction to SBC/Ameritech Merger Settlement Agreement in Ohio.
SCE Responds to CA Supreme Court Decision.
Michigan Attorney General Cox Disappointed in MPSC Decision That Will Increase Winter Heating Bills up to 47%.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters