The large debt involved led to the bankruptcy of Seabrook's major utility owner, Public Service Company of New Hampshire.
Exelon and Duke Energy, the nation'slargest utility owners, said they favored a mandatory cap on emissions.
FIRSTENERGY CORP., Akron, Ohio, the fifth-largest utility owner in the United States, reported a second-quarter loss of $57.9 million, or 20 cents a share.
But Niagara Mohawk Holdings rose $1.88, to $15.75, after the National Grid Group, which owns a power transmission network in England and Wales, agreed to buy the utility owner for $3 billion, or about $19 a share.
Charles F. Pfister (June 17, 1859 - November 12, 1927) was a wealthy tannery magnate, bank financier, utility owner, newspaper publisher, hotelier and philanthropist in Milwaukee, Wisconsin.
But what happens when a utility owner reduces costs, say by merging the accounting operations of two utilities or by reducing corporate income taxes?
Ratemaking distributes wealth from consumers to utility owners.
PSE is the second-largest utility owner of wind energy facilities in the United States.
If the utility owners, through a variety of legal maneuvers, can keep those taxes, they can make double the 10 percent or so return on equity that regulators typically authorize for electric, gas and water utilities.
Wouldn't many sport utility owners be better off in an all-wheel-drive automobile, particularly since few ever use the off-road capabilities of their vehicles?