Highlights from APPA's Public Power Daily - November 04, 2008
  View Today's Complete Issue

FERC approves incentives for Pepco transmission line

The Federal Energy Regulatory Commission approved a series of rate incentives for Pepco Holdings Inc.’s proposed 230-mile Mid-Atlantic Power Pathway (MAPP) project, a 500-kV backbone transmission line from Virginia to New Jersey. In a concurring opinion, Commissioner Jon Wellinghoff, who has dissented from a number of orders granting incentive rates for transmission projects, supported the incentives for the Pepco project.

Fitch upgrades ratings of three public power utilities

Despite the ongoing turmoil in credit markets, Muscatine, Iowa, Power & Water; Knoxville, Tenn., Utilities Board; and the Chelan County, Wash., Public Utility District each received bond upgrades from Fitch Ratings.