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News Article | May 22, 2017
Site: www.businesswire.com

HERSHEY, Pa.--(BUSINESS WIRE)--Pennsylvania American Water today filed a request with the Pennsylvania Public Utility Commission (PUC) seeking permission to replace customer-owned lead service lines when removing company-owned lead service lines – and to bear the full cost of replacement. Pennsylvania American Water’s proposal allots $6 million annually to replace the company’s and customers’ lead service lines. “With this filing, we are taking an important first step toward a long-term solution to eliminate lead service lines that exist within our communities’ water infrastructure,” said Pennsylvania American Water President Jeffrey McIntyre. “Lead service lines largely remain in older neighborhoods where the prohibitive costs often prevent homeowners from replacing them. We are asking for PUC approval to address this public health risk, and we have proposed a reasonable approach to recover the cost of our investments.” McIntyre stressed that Pennsylvania American Water has a long history of complying with federal and state drinking water regulations for lead. For the last 30 years, the company’s lead sampling program has remained in compliance across its water systems. He credited this record of performance to the company’s effective corrosion control measures and ongoing, professional management of its distribution system. “We believe that eliminating lead service pipes, together with our proven corrosion control water treatment practices, is a very effective strategy to maintain regulatory compliance well into the future,” said McIntyre. Preliminary surveys of the company’s distribution system inventory indicate an estimated 18,000 customer premises are connected to lead service lines. These properties comprise less than 3 percent of the total number of customers who receive water service from Pennsylvania American Water. In its PUC filing, the company requests investing up to $6 million annually through a two-part program: Although Pennsylvania American Water proposes to replace customer-owned lead service lines, its filing states the company will not take ownership or be responsible for maintaining or repairing the customer’s service line in the future. Each year, Pennsylvania American Water targets the replacement of 1 percent of the aging water main in its approximately 10,000-mile network of pipe. The company identifies specific areas for its ongoing water main and service line replacement program based on a variety of factors, including water quality concerns, pipe age, material and history of breaks. McIntyre said the opportunity to eliminate its remaining lead service lines is another factor when planning water main and service line replacement projects. “A growing body of research indicates that ‘partial’ replacement of lead services, where only the utility-owned or customer-owned portion is replaced and the other segment remains, actually elevates the risk of lead contamination,” said McIntyre. He cited the National Drinking Water Advisory Council’s recommendation that the EPA revise federal regulations to require complete replacement of both the utility and customer segments of service connections that contain lead. Pennsylvania American Water also seeks permission from the PUC to recover its investment through the existing mechanism known as the Distribution System Improvement Charge (DSIC). If the PUC authorizes it to recover lead service line replacements through the DSIC, the company estimates it will have a negligible effect on its customers’ water bills -- approximately 11 cents per month. Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.3 million people. With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly-traded water and wastewater utility company. The company employs more than 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com.


News Article | May 17, 2017
Site: www.marketwired.com

If approved, rate adjustment would be effective Oct. 1, 2017 SPOKANE, WA--(Marketwired - May 17, 2017) - Avista ( : AVA) and all other parties involved in the company's natural gas general rate filing have reached a settlement agreement that, if approved by the Public Utility Commission of Oregon (PUC), would conclude the proceedings for the general rate request filed on Nov. 30, 2016. If the settlement agreement is approved, new rates would take effect on Oct. 1, 2017. "We are pleased that all parties were able to reach a joint recommendation to the commission that is fair and reasonable. The outcome is a settlement that, if approved by the commission, represents positive outcomes for our customers, the company and our shareholders," said Dennis Vermillion, Avista Corp. senior vice president and president of Avista Utilities. The settlement proposes that, effective Oct. 1, 2017, Avista would receive an increase in rates designed to increase its annual billed revenues by 3.7 percent or $3.5 million. The proposed settlement agreement reflects a 9.4 percent return on equity (ROE) and a 50 percent equity layer. The rate of return is 7.35 percent. Residential Customer Bill If the settlement is approved by the PUC, a residential customer using an average of 47 therms per month would see a $1.57 per month increase, or 2.8 percent, for a revised monthly bill of $57.75. The proposed monthly bill includes an increase in the monthly basic charge from $9.00 to $10.00. Avista's Original Request Avista's original request filed with the PUC on Nov. 30, 2016 included an increase in natural gas base rates for customers of 9.0 percent or $8.5 million and was based on a proposed rate of return of 7.83 percent with a common equity ratio of 50 percent and a 9.9 percent return on equity. In Avista's reply testimony filed April 6, 2017, the company revised its request from $8.5 million to $6.7 million. The majority of Avista's general rate request filing was related to the need to expand and replace the facilities used to serve customers. This included, among other things, increased investment to replace certain natural gas service pipe, completion of a pipeline reinforcement project and rerouting of a high pressure pipeline. About Avista Corp. Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses. Avista Utilities is the operating division that provides electric service to 379,000 customers and natural gas to 342,000 customers. Its service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.6 million. Alaska Energy and Resources Company is an Avista subsidiary that provides retail electric service in the city and borough of Juneau, Alaska, through its subsidiary Alaska Electric Light and Power Company. Avista stock is traded under the ticker symbol "AVA." For more information about Avista, please visit www.avistacorp.com. This news release contains forward-looking statements regarding the company's current expectations. Forward-looking statements are all statements other than historical facts. Such statements speak only as of the date of the news release and are subject to a variety of risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the expectations. These risks and uncertainties include, in addition to those discussed herein, all of the factors discussed in the company's Annual Report on Form 10-K for the year ended Dec. 31, 2016 and the Quarterly Report on Form 10-Q for the quarter ended March 31, 2017.


News Article | April 17, 2017
Site: www.renewableenergyworld.com

The near-term future of rooftop solar energy in Maine is likely to be decided this spring, as lawmakers consider changes to a widely criticized rule approved in January by the Public Utilities Commission. Two major bills are pending that would supersede the PUC's approach to compensating homeowners for the solar power they generate, an incentive called net energy billing or net metering.


IAQ environmental health activist claims NV PUC building is sick from on going water leaks, since 2012. -- Nevada's Public Utilities Commission (PUC) leases the entire second floor of a three-story Las Vegas building. This building was certified by LEED (Leadership in Energy and Environmental Design) in May of 2010. The PUC was the initial tenant for the floor called into question.The lack of attention to ongoing building water leaks resulted in afor review regarding the building's LEED Certification, on. The request asked that LEEDThe Councilalong with notifications to the PUC regarding this problem.The building was sold on August 29, 2014. It is unknown whether the new owner was apprised of the water issue.This building has come under scrutiny forsince October of 2012. While the public was being told the "water" issue was resolved, the same problem was noted again in March 2017. One ratepayer notified the PUC's General Counsel in 2013 about Indoor Air Quality (IAQ) and mold issues, however, the problem lingers.Since 2012 the PUC has been spraying either Lysol or an air freshener. When queried, why, reception-area employees stated that the. These sprays can still be found in the PUC's receptionist's area. Within two years of completion this building had ongoing odor issues.Currently, there is a note on the thermostat requesting that no one adjust the temperature. A couple of years ago, they discovered that at a certain lower temperature, there were water leaks in their main meeting room. This was disclosed by one of the PUC employees.On March 29, the PUC's building manager was notified, who "passed" it off to someone else. The ultimate recipient was the same person who was notified in years' prior about this same issue. The current General Counsel, Garrett Weir, stated in an email "we have notified building management".No testing or remediation has been done, only a replacement of the damaged ceiling tiles, a couple of years ago.The area in question with the water intrusion suggests it is coming from the third floor of the building down into the second floor. There have been no verified reports of tenants on the third floor having problems.There was an, to the PUC. The PUC's response stated it would not provide any documents until June 1This building received aAccessibility barriers, such as IAQ impacting human health, for a building that carries any level of LEED certification are extremely rare.At this stage it is unknown whether any PUC employees are having ongoing "allergy/cold"like symptoms that are associated with the mycotoxins from mold.REFERENCE:


News Article | April 25, 2017
Site: globenewswire.com

There are no substantial differences between the audited annual report and the unaudited report. The year 2016 saw a low price level on the natural gas market, which helped increase the sales volume by 14%. Under the influence of the natural gas price, the revenue dropped by 11% against the previous year and amounted to 392.3 million euros. However, the EBITDA*, owing to the sales volume, grew by 11% to 76.5 million euros. The company’s net profit in the past year was 37.5 million euros, up from 30.5 million euros in 2015. The performance was boosted by the inception of natural gas trading in the neighbouring countries, which was a strategic step by Latvijas Gāze to get acquainted with the open market and competitive circumstances. The customers abroad were sold 132 million cubic metres of natural gas or 9% of the total annual sales volume. The Latvian consumers were sold 1.375 million cubic metres of natural gas, which is 4% more than in 2015. The investment amount in 2016 remained at the level of previous years – 29.6 million euros. Latvijas Gāze still prioritises safety and makes further investments in the modernisation of infrastructure to improve efficiency and reduce the environmental impact. Nevertheless, the year 2016 also saw a decrease by 2.1 million euros in the profit gained from the transmission and storage services spun off. This primarily stems from the decrease in storage volumes and the tariffs which have not changed since 2008. Latvijas Gāze was actively getting ready for the opening of the natural gas market on April 3. Legal entities received offers of further cooperation in March, while households will have an option to keep receiving natural gas for a tariff approved by the PUC. * EBITDA – earnings before interest, corporate income tax, depreciation and amortisation, and impairment of fixed assets.


News Article | April 28, 2017
Site: www.businesswire.com

HERSHEY, Pa.--(BUSINESS WIRE)--Pennsylvania American Water today filed an application with the Pennsylvania Public Utility Commission (PUC) requesting an increase in water rates for its customers. The primary reason for the rate request is the approximately $1.26 billion that the company will have invested in system improvements to replace and upgrade aging infrastructure since its last rate case in 2013. The company’s request would bring a typical monthly residential water bill, using 3,630 gallons per month, from $55.63 to $65.12, or an increase of $9.49. If the PUC were to grant the entire request, the typical residential customer would receive a day’s worth of water for cooking, bathing, cleaning, drinking and all other purposes for around $2.18. “The quality, reliable water service we deliver to customers’ homes and businesses would remain a remarkable value,” said Pennsylvania American Water President Jeffrey McIntyre. He said the $1.26 billion worth of capital investments, which include upgrades to treatment plants, storage tanks, wells and pumping stations, are necessary to enhance service reliability, water quality and fire protection for the more than 400 communities served by Pennsylvania American Water. The company will also have replaced approximately 450 miles of aging pipe, as well as valves, service lines, hydrants and other parts of its nearly 10,700-mile network of water and sewer lines. “This rate request is necessary to help recover the prudent capital investments that we have made to maintain and upgrade our infrastructure, so that we can ensure that our customers continue to receive reliable service that meets all regulatory standards,” said McIntyre. According to the latest report card issued by the American Society of Civil Engineers last month, the nation’s water infrastructure received a “D” grade and wastewater infrastructure was rated “D-plus.” McIntyre said proactive capital investment saves money in the long run by making sure that water and wastewater systems do not fall into serious disrepair and put public health at risk. He added that Pennsylvania American Water’s rates are based on the actual cost of providing water and wastewater service. “To mitigate rate increases, we work very hard to control our costs and operate as efficiently as possible,” he said. In its application, Pennsylvania American Water also requests adjustments to wastewater rates for customers who receive its wastewater service. The company’s filing would increase rates for some of its 55,000 wastewater customers across the Commonwealth, while decreasing rates for other wastewater customers. Specifically, Scranton and Dunmore customers who were previously served by the Scranton Sewer Authority would see no change in their wastewater rates under the company’s proposal. Pennsylvania American Water acquired the assets of the Scranton Sewer Authority in December 2016. The company’s filing requests that the new rates become effective June 27, 2017. However, the PUC typically suspends such requests for up to nine months (January 2018) to permit a complete investigation and analysis of the company’s filing. Pennsylvania American Water is seeking a total annual revenue increase of approximately $107.9 million. Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.3 million people. With a history dating back to 1886, American Water is the largest and most geographically diverse U.S. publicly-traded water and wastewater utility company. The company employs more than 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visiting www.amwater.com.


News Article | April 28, 2017
Site: www.prnewswire.com

First quarter of 2017 net income of $15.8 million was $3.1 million higher than the first quarter of 2016 and $0.4 million lower than the fourth (linked) quarter of 2016. Compared to the first quarter of 2016, the $3.1 million increase was primarily driven by $3 million (after-tax) higher net interest income mainly due to growth in the commercial real estate and consumer loan portfolios as well as the deployment of strong deposit growth into our investment portfolio. Compared to the linked fourth quarter of 2016, the $0.4 million decrease was primarily driven by the following on an after-tax basis: These increases were offset by the following on an after-tax basis: Net interest income (pretax) was $54.8 million in the first quarter of 2017, compared to $53.0 million in the linked quarter and $50.4 million in the prior year quarter.  Net interest margin was 3.68% in the first quarter of 2017 compared to 3.59% in the linked quarter and 3.62% in the first quarter of 2016.  The higher net interest margin was primarily attributable to higher yields on interest-earning assets. The provision for loan losses (pretax) was $3.9 million in the first quarter of 2017 compared to $1.5 million in the linked quarter and $4.8 million in the first quarter of 2016.  As previously mentioned, the increase from the linked quarter was primarily due to reserves for a commercial real estate relationship.  The first quarter of 2017 net charge-off ratio was 0.29%, compared to 0.40% in the linked quarter and 0.21% in the prior year quarter.  The fourth quarter of 2016 net charge-off ratio included charge-offs of specific commercial credits that had been previously individually reserved.  Nonaccrual loans as a percent of total loans receivable held for investment dropped to 0.41% compared to 0.49% in the linked quarter and 1.01% in the prior year quarter. Noninterest income (pretax) was $15.1 million in the first quarter of 2017 compared to $16.5 million in the linked quarter and $15.4 million in the prior year quarter, primarily attributable to the decline in mortgage banking activity. Noninterest expense (pretax) was $41.9 million compared to $43.1 million in the linked quarter and $41.4 million in the first quarter of 2016. Total loans were $4.7 billion at March 31, 2017 and included growth in the residential and consumer loan portfolio during the first quarter of 2017.  The reduction in our exposure to national credits, a loan payoff connected with a completed construction project, and the resolution and payoff of a prior nonperforming commercial loan contributed to the 1.2% annualized decline in our loan portfolio in the first quarter of 2017. Total deposits were $5.7 billion at March 31, 2017, an increase of $126 million or 9.1% annualized increase from December 31, 2016.  Low-cost core deposits increased $140 million or 11.4% annualized increase from December 31, 2016.  The average cost of funds was 0.20% for the first quarter of 2017 compared to 0.22% for the fourth quarter of 2016 and 0.23% for the first quarter of 2016. American's return on average equity was 10.8% for the first quarter of 2017 compared to 11.1% in the linked quarter and 8.9% in the first quarter of 2016.  Return on average assets was 0.98% for the first quarter of 2017, compared to 1.02% in the linked quarter and 0.84% in the same quarter last year.  American's solid results enabled it to pay dividends of $9.4 million to HEI while maintaining healthy capital levels -- leverage ratio of 8.5% and total capital ratio of 13.6% at March 31, 2017. HEI EARNINGS RELEASE, HEI WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND 2017 EPS GUIDANCE Concurrent with American's regulatory filing 30 days after the end of the quarter, American announced its first quarter 2017 financial results today.  Please note that these reported results relate only to American and are not necessarily indicative of HEI's consolidated financial results for the first quarter of 2017. HEI plans to announce its first quarter 2017 consolidated financial results on Friday, May 5, 2017 and will conduct a webcast and conference call to discuss its consolidated earnings, including American's earnings, and 2017 EPS guidance on Friday, May 5, 2017, at 8:00 a.m. Hawaii time (2:00 p.m. Eastern time). Interested parties within the United States may listen to the conference by calling (844) 834-0652 and international parties may listen to the conference by calling (412) 317-5198.  Parties may also listen to the conference by accessing the webcast on HEI's website at www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts.  The information on HEI's website is not incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at dms.puc.hawaii.gov/dms in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference in this document or in HEI's and Hawaiian Electric's SEC filings. An on-line replay of the May 5, 2017 webcast will be available on HEI's website beginning about two hours after the event.  Replays of the conference call will also be available approximately two hours after the event through May 19, 2017 by dialing (877) 344-7529 or (412) 317-0088 and entering passcode:  10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/american-savings-bank-reports-first-quarter-2017-earnings-300448339.html


Parties within the United States may listen to the conference by calling (844) 834-0652.  International parties may listen to the conference by calling (412) 317-5198.  Parties may also listen to the conference by accessing the webcast on HEI's website at www.hei.com under the heading "Investor Relations."  HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information.  Such disclosures will be included on HEI's website in the Investor Relations section.  Accordingly, investors should routinely monitor such portions of HEI's website, in addition to following HEI's, Hawaiian Electric's and American's press releases, HEI's and Hawaiian Electric's SEC filings and HEI's public conference calls and webcasts.  Also, at the Investor Relations section of HEI's website, investors may sign up to receive e-mail alerts (based on each investor's selected preferences).  The information on HEI's website is not incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.  Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at in order to review documents filed with and issued by the PUC.  No information on the PUC website is incorporated by reference into this document or in HEI's and Hawaiian Electric's SEC filings. An on-line replay of the May 5, 2017 webcast will be available on HEI's website beginning about two hours after the event.  Audio replays of the teleconference will also be available approximately two hours after the event through May 19, 2017, by dialing (877) 344-7529 or (412) 317-0088 and entering passcode: 10104146. HEI supplies power to approximately 95% of Hawaii's population through its electric utilities, Hawaiian Electric, Hawaii Electric Light Company, Inc. and Maui Electric Company, Limited and provides a wide array of banking and other financial services to consumers and businesses through American, one of Hawaii's largest financial institutions. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hawaiian-electric-industries-inc-to-announce-first-quarter-2017-financial-results-on-may-5-2017-american-savings-bank-to-announce-first-quarter-financial-results-on-april-28-2017-300443165.html


Receive press releases from Yellow Cab Company of Colorado Springs: By Email Colorado Springs, CO, April 30, 2017 --( Mr. Holisky previously served as the terminal’s Operations Manager from 2012-2016, at which time he assumed the responsibilities of General Manager of the company’s Boulder Terminal, which had been declining sharply in revenue and fleet size. During his 10-month tenure in that position, Scott drastically reduced the fleet’s response time, increased the rate of accepted trips by more than double, doubled the number of taxis in the fleet, and very quickly turned a faltering terminal into one of the company’s most profitable and efficient. Holisky recently returned to the Springs in an elevated capacity in order to accomplish similar objectives by refocusing the fleet’s perspective, first and foremost, on servicing the community to the highest degree possible. Matthew Drew has assumed the responsibilities of the Colorado Springs terminal’s Director of Marketing. Having previously served in various agency roles for clients such as Chevrolet, McDonald’s, Claritin/Clarinex, and MGM Grand Las Vegas, Drew was most recently the Global Director of Marketing for MGM Hospitality in Las Vegas, China and Vietnam, and brings a hospitality-focused perspective to the taxi business, centered primarily on the customer experience and service delivery. “It’s a very exciting time to be in the taxi business, especially with so many different channels of engagement at our customers’ disposal,” said Drew. “Today, we can’t just rely on the phone as the sole means of connecting passengers and cabs. The technology is available to us, so we’re taking full advantage of it,” he said, referring to Yellow Cab’s zTrip mobile app. “So if you have the app on your phone, just tap the screen any time day or night and a car will be on its way. If not, no problem. You can always still call the dispatch line.” “I’m very excited to be back in Colorado Springs,” Mr. Holisky said. “Yellow Cab has been a part of this community for nearly a century now, and we’ve got a great story to tell – not just as the leading cab company in town, but as employer of administrative and shop staff who’s contributing to the local economy. We’ve also got many full-time drivers who’ve been driving their own businesses with us – some for up to 20 years.” When considering the future of Yellow Cab in the Springs, Holisky adds that “right now is the best time in history to be in this business, and it’s only getting better. We have some of the best in the country driving for us, and we’re expanding our mobility (wheelchair-accessible) fleet to service literally every aspect of our community even better. We’re also extremely excited about our zTrip app, which is only one of many ways you can book a Yellow Cab.” About Yellow Cab Company of Colorado Springs Yellow Cab was originally incorporated in Colorado on June 19, 1922, and was based in the Broadmoor Garage. The company was granted Colorado Public Utilities Commission Certificate of Public Convenience and Necessity Number 109. PUC 109 is among the oldest active authorities in Colorado. Yellow Cab Company of Colorado Springs is prepared when area residents need a ride, providing prompt and reliable service 24/7, 365 days a year by drivers who undergo full background checks including federal fingerprinting and physical examinations. Contact: Matthew Drew, Director of Marketing Yellow Cab Company of Colorado Springs 4625 Town Center Dr. Colorado Springs, CO 80916 719.622.5448 Email: mdrew@yccos.com Colorado Springs, CO, April 30, 2017 --( PR.com )-- Yellow Cab Company of Colorado Springs has announced the installment of Scott Holisky as the General Manager of the Pikes Peak regional terminal, and Matthew Drew as Director of Marketing.Mr. Holisky previously served as the terminal’s Operations Manager from 2012-2016, at which time he assumed the responsibilities of General Manager of the company’s Boulder Terminal, which had been declining sharply in revenue and fleet size. During his 10-month tenure in that position, Scott drastically reduced the fleet’s response time, increased the rate of accepted trips by more than double, doubled the number of taxis in the fleet, and very quickly turned a faltering terminal into one of the company’s most profitable and efficient.Holisky recently returned to the Springs in an elevated capacity in order to accomplish similar objectives by refocusing the fleet’s perspective, first and foremost, on servicing the community to the highest degree possible.Matthew Drew has assumed the responsibilities of the Colorado Springs terminal’s Director of Marketing. Having previously served in various agency roles for clients such as Chevrolet, McDonald’s, Claritin/Clarinex, and MGM Grand Las Vegas, Drew was most recently the Global Director of Marketing for MGM Hospitality in Las Vegas, China and Vietnam, and brings a hospitality-focused perspective to the taxi business, centered primarily on the customer experience and service delivery.“It’s a very exciting time to be in the taxi business, especially with so many different channels of engagement at our customers’ disposal,” said Drew.“Today, we can’t just rely on the phone as the sole means of connecting passengers and cabs. The technology is available to us, so we’re taking full advantage of it,” he said, referring to Yellow Cab’s zTrip mobile app. “So if you have the app on your phone, just tap the screen any time day or night and a car will be on its way. If not, no problem. You can always still call the dispatch line.”“I’m very excited to be back in Colorado Springs,” Mr. Holisky said. “Yellow Cab has been a part of this community for nearly a century now, and we’ve got a great story to tell – not just as the leading cab company in town, but as employer of administrative and shop staff who’s contributing to the local economy. We’ve also got many full-time drivers who’ve been driving their own businesses with us – some for up to 20 years.”When considering the future of Yellow Cab in the Springs, Holisky adds that “right now is the best time in history to be in this business, and it’s only getting better. We have some of the best in the country driving for us, and we’re expanding our mobility (wheelchair-accessible) fleet to service literally every aspect of our community even better. We’re also extremely excited about our zTrip app, which is only one of many ways you can book a Yellow Cab.”About Yellow Cab Company of Colorado SpringsYellow Cab was originally incorporated in Colorado on June 19, 1922, and was based in the Broadmoor Garage. The company was granted Colorado Public Utilities Commission Certificate of Public Convenience and Necessity Number 109. PUC 109 is among the oldest active authorities in Colorado.Yellow Cab Company of Colorado Springs is prepared when area residents need a ride, providing prompt and reliable service 24/7, 365 days a year by drivers who undergo full background checks including federal fingerprinting and physical examinations.Contact:Matthew Drew, Director of MarketingYellow Cab Company of Colorado Springs4625 Town Center Dr.Colorado Springs, CO 80916719.622.5448Email: mdrew@yccos.com Click here to view the list of recent Press Releases from Yellow Cab Company of Colorado Springs


News Article | April 17, 2017
Site: www.greentechmedia.com

Another week brings moves and shifts at the upper levels of renewable energy. Jon Wellinghoff, the chief policy officer at SolarCity, left the company now that it has merged with Tesla. It makes sense that Tesla is integrating its respective legislative and policy teams with SolarCity. Letting go of a skilled ex-FERC commissioner appears to make less sense. Wellinghoff's LinkedIn page has him now at Policy/DER Consulting. The firm "assists energy tech companies from startups to fully commercialized enterprises to get to market and expand markets by addressing critical policy barriers to business success." Wellinghoff was the longest-serving chair in FERC's history, leading efforts to fit PV and wind into wholesale electric markets, and to ensure that resources like demand response and distributed generation could participate. Wellinghoff also served as general counsel at the Nevada PUC. He was at SolarCity for one year and one month. We've reached out to him for a comment. President Donald Trump nominated former Congressman Scott Garrett (R-NJ) to serve as president of the Export-Import Bank. The 80-year-old U.S. Ex-Im Bank's mission is to provide loans, guarantees and credits that allow foreign buyers to finance U.S. exports and U.S. exporters to get paid. The bank claims that a large majority of its customers are small businesses. Here's a tweet from the nominee in 2015. And so the Trump streak of heading U.S. government departments with folks who have advocated for the agency's extinction continues (see DeVos for Education, Perry for Energy, and Pruitt for EPA). Since 2009, the total support from the bank for renewable energy exports was almost $2 billion. Many countries and regions that export products (59 in fact) have export-import banks meant to provide a boost to domestic exports and jobs. Trump was also a critic of the Ex-Im Bank, toeing the line of the Freedom Caucus, until he met with the CEOs of Boeing and other firms recently. Then, Trump told the The Wall Street Journal, “Actually, it’s a very good thing. And it actually makes money; it could make a lot of money." Steve Case joined the board of fuel-cell builder Bloom Energy in August 2014. Today, he's no longer on the board. He was replaced by Mary K. Bush at the turn of the year. Late last year, The Wall Street Journal reported that Bloom submitted a confidential registration for its IPO with the Securities and Exchange Commission. The 15-year-old startup claims to have installed more than 200 megawatts of its Bloom boxes in the U.S. Speaking of fuel-cell company boards, Plug Power elected Luke Schneider to its board of directors. Schneider is CEO of Silvercar, a rental car startup, and was previously CTO of Zipcar. Plug just announced that Amazon has won the rights to buy up to 23 percent of the firm, in a deal that has Amazon spending $70 million for fuel cells this year and $600 million over the course of the engagement. Microinverter and energy storage system builder Enphase named Badri Kothandaraman as its first COO. Kothandaraman started with Cypress Semiconductor in 1995 and worked in process technology and chip design before becoming a VP in 2008 and subsequently executive VP of Cypress's data communications division. Here are the recent actions taken by microinverter maker Enphase: Enertech Search Partners, an executive search firm with a dedicated cleantech practice, is the sponsor of the GTM jobs column. Among its many active searches, Enertech is looking for an Enterprise Account Manager -- NE Operational Risk The client is the world's leading provider of sustainability, EHS and Operational Risk Management Software. More than 1,000 global companies and 1 million users rely on the client's solutions to manage their environmental and social performance, minimize risks and improve profitability. This client is seeking an Enterprise Account Manager that will be responsible for the sales of its software solutions. This candidate must have a consistent track record and experience with complex sales cycles and customer-facing deals, as well as possessing a strong hunter mentality. Brian Dillard joined zinc-bromide flow battery maker Primus Power as VP of business development and product management. He was most recently executive director of systems electronics and integration at Johnson Controls, where he led the technology direction of the firm's stationary energy storage business. Primus just won $32 million in financing from Success Dragon, Matador Capital, Anglo American Platinum, DBL Partners, I2BF and the Russia Kazakhstan Nanotechnology Fund. CEO Tom Stepien's firm has raised $94 million in equity and $20 million in government grants since 2009. David Field is officially out as CEO of failed residential solar financier OneRoof. Genevieve Dufau, previously deputy director of policy and electricity markets at SolarCity, is now part of the global energy policy and markets team at Google. Itron announced that Mark Schmitz, the firm’s executive VP and CFO since 2014, is stepping down from the role. Nat Kreamer, the CEO of Spruce Finance, is now the outgoing chairman of the board of directors at the Solar Energy Industries Association. Tom Starrs of SunPower, vice chairman, will become the acting chairman. As GTM's Stephen Lacey reported, Lightsource Renewable Energy, a European developer, is expanding into the U.S. utility-scale PV market with a team of solar and battery storage vets. Leading the team are Lightsource CEO Tim Derrick, the former GM of utility-scale solar and wind at SunEdison; COO Kevin Christy, the former operations officer of SunEdison's North American utility arm; and CCO Katherine Ryzhaya, the former commercial officer at Advanced Microgrid Solutions (AMS). Derrick and Christy co-founded Axio Power, a utility-scale developer acquired by SunEdison in 2011. Ryzhaya co-founded AMS, a developer and integrator of behind-the-meter storage projects that utilities control. All three of them worked together on a joint SunEdison-AMS 50-megawatt project for Southern California Edison.

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