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PUC blasts City Council for spiking sale of PGW

2014-11-15 16:57:53| Energy - Topix.net

An exasperated Pennsylvania Public Utility Commission signaled there may be serious repercussions as a consequence of City Council's failure to consider a proposed $1.86 billion privatization of Philadelphia Gas Works. Two PUC members suggested the commission, the state body responsible for setting rates, could force the city to give up the $18 million annual fee it now receives from PGW and spend the money instead on speeding up gas-main replacement.

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