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Latest Allegheny Energy Stories

2008-08-21 15:01:00

ABB Power T&D Co. said Tuesday its plants in South Greensburg, Youngwood and East Huntingdon would benefit from the construction of a $1.2 billion, 240-mile electric transmission line by Allegheny Energy Inc. in northern Virginia, Maryland, West Virginia and Washington and Greene counties. Aftab Khan, general manager of ABB, said the transmission line could mean tens of millions dollars worth of contracts and more jobs locally for ABB, which provides high-voltage circuit breakers. It...

2008-08-15 12:00:50

Allegheny Energy, Inc. (NYSE: AYE) announced today that its subsidiary, Trans-Allegheny Interstate Line Company (TrAILCo), closed on a $550 million senior secured credit facility with a seven-year maturity. The facility includes a $530 million term loan and a $20 million revolving facility, both with an initial borrowing rate equal to the London Interbank Offered Rate (LIBOR) plus 1.875 percent. TrAILCo intends to use the credit facilities for construction and operation of the...

2008-08-14 06:00:42

Allegheny Power, the electricity delivery subsidiary of Allegheny Energy, has announced that the Pennsylvania Public Utility Commission has approved its request to offer a voluntary wind energy program to its customers in the state. In conjunction with its Watt Watchers campaign, Allegheny has partnered with Community Energy, a wind energy developer, to implement and market the program. The program allows residential, commercial and industrial customers the option to pay an additional...

2008-08-14 00:00:39

Allegheny Energy Inc.'s request to offer a voluntary wind energy program to its Pennsylvania customers has been approved by the state Public Utility Commission. The program, offered in partnership with wind energy developer Community Energy Inc., allows residential, commercial or industrial customers to pay an additional charge to purchase wind energy credits. Credits can be purchased in blocks of 100 kilowatt-hours, at an initial cost of $2.50 per block. Allegheny Energy's electricity...

2008-08-12 09:01:28

Allegheny Power, the electric delivery subsidiary of Allegheny Energy, Inc. (NYSE:AYE), announced today that the Pennsylvania Public Utility Commission has approved Allegheny's request to offer a voluntary wind energy program to its electric customers in the state. In conjunction with its Watt Watchers campaign, Allegheny has partnered with Community Energy, Inc., a leading wind energy developer, to implement and market the program. The program allows residential, commercial and...

2008-08-06 21:00:31

By THE ASSOCIATED PRESS Governor Joe Manchin said he wants West Virginia and its affected counties to reap revenues from a proposed $1.3 billion multistate power line that has cleared a regulatory hurdle. The governor had suggested some sort of tax on the 500 kilovolt electric transmission line before the state Public Service Commission granted its approval late last week. Manchin renewed that call on Monday by proposing legislation he said would provide such extra revenue and ensure...

2008-08-04 03:00:28

By Anonymous High gasoline prices are not the only thing that is burning a hole in the pockets of consumers and businesses. Electricity prices are not far behind. Allegheny Energy, through its West Penn Power and Potomac Edison delivery subsidiaries, is the incumbent electricity provider for much of the Quad-state region. Its generating plants are about 80% coal fired, and the price of that commodity has skyrocketed in the last year. Citizens and businesses in the Quad-state region have...

2008-08-04 03:00:22

By Kasey, Pam As a coal-producing state, West Virginia gets nearly all of its electricity from coal. That electricity has been cheap: second cheapest in the nation in January 2007, according to the federal Energy Information Administration, and fourth cheapest in January 2008. But coal hasn't been so cheap lately. Appalachian coal that sold around $20 per ten at the beginning of this decade rose some over the period and then started shooting up last October. Both central and northern...

2008-08-03 09:00:00

By J. Miles Layton, The Dominion Post, Morgantown, W.Va. Aug. 3--Reactions to the state's approval of Allegheny Energy's plans to build a power line through 120 miles of north-central West Virginia vary. On Friday, the state Public Service Commission approved Allegheny's plans for a 500-kilovolt transmission line. The Trans-Allegheny Interstate Line's (TrAIL) proposed route crosses eight West Virginia counties -- Grant, Hardy, Hampshire, Marion, Monongalia, Preston, Taylor and Tucker....

2008-08-02 15:00:21

Trans-Allegheny Interstate Line Company (TrAILCo), a subsidiary of Allegheny Energy, Inc. (NYSE: AYE), announced today that the Public Service Commission of West Virginia issued an order late yesterday approving construction of its 500-kilovolt transmission line project in West Virginia subject to certain conditions. "After a thorough, extensive public process, the Commission has authorized this critical upgrade to the transmission system," said Paul J. Evanson, Chairman, President, and...


Word of the Day
snash
  • To talk saucily.
  • Insolent, opprobrious language; impertinent abuse.
This word is Scots in origin and probably imitative.