LPSC Securitization for Little Gypsy Repowering Project

LPSC Press Release on Little Gypsy Bond Refinancing 9-15-11

LPSC Bond Deal Saves Entergy Customers Millions in Financing Costs/Alternative Financing Structure Saves Ratepayers Millions of Dollars versus Conventional Utility Financing Methods

Attached is a press release by the LPSC which discusses the recent sale of $207 million of ratepayer backed bonds to pay for the costs associated with the  Little Gypsy 3 Repowering Project. By virtue of the use of Act 988 passed by the Louisiana Legislature in  2010 to provide new financing methods for utility companies in instances like this, the LPSC has been able to save Entergy Louisiana ratepayers over $80 Million in capital costs versus what would have otherwise been incurred using traditional utility financing methods.

Leasing State Lands for Alternative Energy-Hydrokinetic Electricity Production; Attorney General’s Opinion 09-0148

Attached is Attorney General Opinion 09-0148 which was requested by the Louisiana Department of Natural Resources and answers several questions related to the use of state owned waterbottoms in the production of hydrokinetic energy.   

Attorney General Opinion 09-0148-4-5-2010 Hydrokinetic projects

Proposed Rules For The Leasing Of State Lands and Water Bottoms for Alternative Energy Sources

State Mineral Board Proposed Rules for Alternative Energy Leasing 8-24-2011

Attached is a very lengthy and detailed Notice of Intent published by the Louisiana Department of Natural Resources, Office of Mineral Resources which gives notice that rulemaking procedures have been initiated to promulgate rules for the Leasing of State Lands and Water Bottoms for the Exploration, Development and Production of Alternative Energy Sources. The promulgation of the proposed rules is in response to the requirements of Act 930 of the 2010 Regular Session. The proposed rule provides detailed and specific information addressing the purpose and procedures that will be utilized in the Leasing Process, Lease Administration, Financial Assurance Requirements, Decommissioning Requirements, and Special Hydrokinetic Rules. The proposed rule also repeals the Dry Hole Credit Program.

LPSC August 2011 Residential Gas Bill Comparison

LPSC Copy of August 2011 Residential Gas Bill Comparison

Attached you will find a copy of the August 2011 Residential Gas Bill Comparison compiled by the Louisiana Public Service Commission.