Factories and utilities use less oil for each dollar of production than they did then.
The utility will use proceeds of the issue to pay for electric distribution facilities.
The utility then used the report as independent corroboration of its request to raise rates.
Most utilities use only a small part of the capacity of the cables.
Or utilities might use them to produce electricity from natural gas.
More than a dozen states, including Texas, require utilities to use renewable sources of energy.
Just one utility in six is using the market to comply with the law.
Some utilities will use more than one of these approaches.
Many other utilities use different criteria to characterize a power failure.
Under yesterday's agreement, however, the utility would use the production price, she said.