Madison utility customers to get one-time refunds
MADISON, WISCONSIN - Customers of Madison Gas and Electric can expect to see a one-time refund of nearly $13 in their electric bills in April.
The Public Service Commission said it approved a $5.7 million refund for MG&E customers.
Commission chairman Eric Callisto said the refund was driven by a drop in fuel costs.
The commission said average MG&E customers will receive a refund of about $12.60 on their April electric bills.
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IEC reaches settlement on Palestinian electricity debt
TEL AVIV - The Palestinian Authority will pay Israel Electric NIS 915 million and take over management of its grid through Palestinian electricity supplier PETL.
The Israel Electric Corporation (IEC) (TASE: ELEC.B22) and Palestinian electricity supplier PETL have signed a draft commercial agreement under which the Palestinian Authority's (PA) debt of almost NIS 1 billion will be repaid. The agreement also transfers actual management of the supply of electricity to Palestinian customers from IEC to the Palestinian electricity authority.
Up until now, the IEC was unable to actually collect debts for electricity from Palestinian customers, because the connection with them was through…
