1. It used capacity charges to directly recoup costs of building plant, and then it sold electricity by the kilowatt hour. 2. Twelve area boards were responsible for distributing and selling the electricity to both industrial and domestic users. 3. Although the utility is largely out of the power-generation business, it still sells electricity produced by its dams and the Diablo Canyon nuclear power plant. 4. And non-utility companies, including oil and gas producers, will be permitted to generate and sell electricity in interstate markets. 5. Aquila managers last September said it was time to stop selling electricity in California because of the risks of not being paid. 6. Bad news continued to batter the energy sector on Friday, further eroding confidence in the business of buying and selling electricity. 7. Because the company is selling electricity to provincial power authorities, all its earnings are in local currency. 8. Before long, Enron became one of the first companies to receive government approval to sell electricity at market rates. 9. - A national grid will be established, allowing generators and distributors to buy and sell electricity easily. 10. A DASR, which must be independently verified by a third party, presumably would prove that Boston-Finney was lining up customers to sell them electricity. |