PennFuture disappointed, yet relieved by PUC decision in GPU/FirstEnergy merger

The PUC voted to approve the merger, yet delegated decisions on GPU’s demands for a rate increase in violation of the rate cap to a “collaborative” process involving all of the parties to the case. The collaborative process is scheduled to conclude by June 20, 2001, with the PUC’s final decision due by July 13, 2001. PennFuture vowed to “make lemonade from these lemons,” and vigorously fight for consumers and the environment in the discussions.

HOUSTON, May 24, 2001 – Duke Energy North America (DENA) today announced an agreement with OpenLink Energy to replace its internal trading and risk management systems with OpenLink’s Endurà¢â€ž-.

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