Pa. PUC Rejects Part Of PECO's Energy Efficiency Plan

Law360, Philadelphia (March 1, 2013, 2:09 PM EST) -- The Pennsylvania Public Utility Commission on Thursday struck down a portion of PECO Electric Co.'s state-mandated energy conservation plan over concerns over how the electricity supplier, one of the largest in the state, planned to pay for the program.

While the commission ruled that PECO’s $256.4 million plan — submitted under Phase II of Act 129, a 2008 state law requiring distributors with at least 100,000 customers to adopt energy efficiency and conservation programs to meet targets of reduced energy consumption — would meet reduction targets,...
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