Nevada signs energy-saving contract
Members of the state Board of Examiners, chaired by Gov. Jim Gibbons, voted to sign a contract for up to $10 million with LPB Energy Consulting, headed by Matthew Berke. The contract runs through August 2012.
State Treasurer Kate Marshall presented the plan to the board, saying there are no up-front costs or long-term liabilities for the state. LPB's fee is based on actual energy cost savings — and without savings there is no fee.
Berke said LPB has similar contracts in several states, including Texas, Massachusetts, Utah, Mississippi and Maine. In Nevada, all state agencies plus the university and court systems, Legislative Counsel Bureau and political subdivisions can try the LPB service.
LPB centralizes data on utility bills and generates reports that pinpoint ways of cutting energy costs. Berke said the state could wind up saving several million dollars on utility costs over the term of the contract.
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ATCO Electric agrees to $31 million penalty following regulator's investigation
CALGARY - Regulated Alberta utility ATCO Electric has agreed to pay a $31 million administrative penalty after an Alberta Utilities Commission investigation found it deliberately overpaid a First Nation group for work on a new transmission line, and then failed to disclose the reasons for it when it applied to be reimbursed by ratepayers for the extra cost.
An agreed statement of facts contained in a settlement agreement between ATCO Electric Ltd. and the commission's enforcement staff says the company sole-sourced a contract in 2018 for work that was necessary for an electric transmission line to Jasper, Alta.
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