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Sierra Pacific Resources reports $83.5 million quarterly loss

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 & Enron terminate agreement on sale of Portland General Electric

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).

Transalta completes purchase of MEGA

TransAlta announced today it will acquire the remaining 50 percent interest of Merchant Energy Group of the Americas (MEGA) from Gener S.A. for approximately $2 million US, pending regulatory approval.

E-Marketplaces Vie for Utilities’ Business

Utilities must move beyond typical e-procurement to truly improve their purchasing processes.

Portland General Electric, Sierra Pacific Resources merger in doubt

Pending Nevada state legislation and today's commission actions have cast doubt on the merger between Sierra Pacific Resources and Portland General Electric Co.

Puget Sound Energy Fuses AMR Network with CIS

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.

Northwest utility proposes novel rate plan

High wholesale electricity prices in the Pacific Northwest have prompted Portland General Electric to propose a rate plan that will share benefits and losses of the volatile market with customers.

FERC approves SPR-PGE transaction

The Federal Energy Regulatory Commission (FERC) today unanimously approved Sierra Pacific Resources' (NYSE: SRP) application to acquire Portland General Electric (PGE) and its Open Access Transmission Tariff for filing.

Ohio utility supplier negotiates volume discounts for customers

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.

J.D. Power, Navigant let customers voice kudos, complaints about their utilities

Customer satisfaction has become both buzzword and dead horse in this uncomfortable hiatus between regulation and deregulation.