Sentences with phrase «captive utility customers»

FirstEnergy's initial bailout request, first proposed in 2014, would have forced captive utility customers to ensure the profitability of the financially challenged W.H. Sammis coal plant and Davis Besse nuclear plant, which are owned by an affiliate of FirstEnergy Corp..

Corporations like Dominion Resources and Duke Energy are investing in gas transmission pipelines and gas generating plants only because they think they can profit from them now, and force captive utility customers to bear the cost of paying off the worthless assets later.

Not exact matches

First, many of the best dividend payers are in the regulated utility industry, meaning their returns on capital are guaranteed and their customers are entirely captive.

Linking pipelines to captive customers should prove a profitable arrangement for the utilities.

With the risks of their gas gamble shifted onto captive customers, the utilities won't be punished for not choosing clean energy instead.