Update: A settlement was reached between Globe and Staff. OMA Energy Group agreed to not oppose the settlement in exchange for more favorable terms of the arrangement. OMA Energy Group successfully negotiated a lower delta revenue cap to limit the amount that other customers will have to pay. OMA Energy Group also negotiated a shortened-term (2.5 years) and a stay out provision so that Globe does not continue to request to continue its special rate treatment that other customers pay for through the economic development rider.
October 21, 2016, Volume 5, Issue 153
10/21/2016