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NEWS
July 16, 1990 | From Times staff and Wire reports
The Seabrook nuclear power plant reached 90% of its capacity, and engineers expect the controversial facility to reach full power within a few days, a Seabrook spokesman said. The announcement of the highest power level attained thus far by the $6.5-billion plant coincided with the publication of a poll that shows opposition to Seabrook among New Hampshire residents appears to be decreasing. The plant produced electricity for the first time in May.
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NEWS
July 16, 1990 | From Times staff and Wire reports
The Seabrook nuclear power plant reached 90% of its capacity, and engineers expect the controversial facility to reach full power within a few days, a Seabrook spokesman said. The announcement of the highest power level attained thus far by the $6.5-billion plant coincided with the publication of a poll that shows opposition to Seabrook among New Hampshire residents appears to be decreasing. The plant produced electricity for the first time in May.
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BUSINESS
December 27, 1988 | Associated Press
Public Service Co. of New Hampshire, the first major investor-owned utility to seek bankruptcy protection since the Depression, must file its reorganization plan with a federal judge today. The utility has said it probably will seek regulation enabling it to charge its 360,000 ratepayers for its 36% share in the stalled $5.7-billion Seabrook nuclear plant.
BUSINESS
December 28, 1988 | From Associated Press
Public Service Co. of New Hampshire on Tuesday filed a bankruptcy reorganization plan that would leave it federally regulated and able to charge ratepayers for its Seabrook nuclear plant whether or not the reactor ever operates. The company said it will seek rate increases of 30% to 40% over three to five years.
BUSINESS
January 13, 1989 | From Times Wire Services
New England's largest electricity company, Connecticut-based Northeast Utilities, said Thursday it offered to acquire bankrupt Public Service Co. of New Hampshire in a plan valued at $2 billion. Analysts said the proposal, which put a higher price on the New Hampshire utility than the value determined by state regulators, could spark heated bidding between as many as 11 utilities.
NEWS
September 1, 1996 | CHRIS KRAUL, TIMES STAFF WRITER
The California Legislature passed a historic electricity deregulation bill Saturday that would break the grip of utility monopolies on power generation and ultimately let consumers choose their power provider. Most residential customers would receive a 10% rate cut in 1998. If Gov. Pete Wilson signs the bill, as expected, California will set a national precedent by freeing its $20-billion power industry to the forces of market competition.
BUSINESS
January 13, 1989 | From Times Wire Services
New England's largest electricity company, Connecticut-based Northeast Utilities, said Thursday it offered to acquire bankrupt Public Service Co. of New Hampshire in a plan valued at $2 billion. Analysts said the proposal, which put a higher price on the New Hampshire utility than the value determined by state regulators, could spark heated bidding between as many as 11 utilities.
BUSINESS
December 28, 1988 | From Associated Press
Public Service Co. of New Hampshire on Tuesday filed a bankruptcy reorganization plan that would leave it federally regulated and able to charge ratepayers for its Seabrook nuclear plant whether or not the reactor ever operates. The company said it will seek rate increases of 30% to 40% over three to five years.
BUSINESS
December 27, 1988 | Associated Press
Public Service Co. of New Hampshire, the first major investor-owned utility to seek bankruptcy protection since the Depression, must file its reorganization plan with a federal judge today. The utility has said it probably will seek regulation enabling it to charge its 360,000 ratepayers for its 36% share in the stalled $5.7-billion Seabrook nuclear plant.
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