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Reflecting, as expected, the remaining impacts of the western power crisis on its two utility operations, Sierra Pacific Resources today reported consolidated net losses of $83.5 million, or $1.06 per share, for the quarter ended March 31, 2001.
Sierra Pacific Resources and Enron Corp. announced today they have mutually agreed to terminate their purchase and sale agreement for Enron's wholly owned electric utility subsidiary, Portland General Electric (PGE).
Pending Nevada state legislation and today's commission actions have cast doubt on the merger between Sierra Pacific Resources and Portland General Electric Co.
When Puget Power & Light merged with Washington Natural Gas (WNG) in 1997, the resulting company, Puget Sound Energy (PSE), became one of the largest utility companies in the Northwest, serving 885,000 electric and 500,000 gas customers. With deregulation looming, the merger provided PSE an opportunity to redefine itself and its customer information system (CIS) to meet the demands of the new energy marketplace.
With Ohio electric deregulation just two short months away and utility prices soaring, Northeast Ohio residents have access to a new way to purchase and manage their utilities that's designed to save them money and time - it's called beMANY.
Customer satisfaction has become both buzzword and dead horse in this uncomfortable hiatus between regulation and deregulation.