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                    [ArticleID] => 159985
                    [Title] => PPA does not mean profits, assures ERC
                    [Summary] => The Energy Regulatory Commission (ERC) has assured the public that the cost adjustment mechanisms in the power rate will not mean additional profits for power distribution companies.


In a primer for public distribution, the ERB attests that "the purpose of the cost adjustment mechanisms is simply to recover increases in costs, and the formula approved for computing the same are so designed so as not to allow additional profit or income to the electric power utilities."


                    [DatePublished] => 2002-05-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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FE GARIN

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                    [ArticleID] => 159985
                    [Title] => PPA does not mean profits, assures ERC
                    [Summary] => The Energy Regulatory Commission (ERC) has assured the public that the cost adjustment mechanisms in the power rate will not mean additional profits for power distribution companies.


In a primer for public distribution, the ERB attests that "the purpose of the cost adjustment mechanisms is simply to recover increases in costs, and the formula approved for computing the same are so designed so as not to allow additional profit or income to the electric power utilities."


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abtest

PPA does not mean profits, assures ERC

May 7, 2002 - 12:00am

The Energy Regulatory Commission (ERC) has assured the public that the cost adjustment mechanisms in the power rate will not mean additional profits for power distribution companies. In a primer for public distribution,...

Business