Investor-owned utilities await net-metering reform decision in Kentucky dailyenergyinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyenergyinsider.com Daily Mail and Mail on Sunday newspapers.
Credit Ryan Van Velzer / WFPL News
The future of renewable energy in Kentucky, and who is going to pay for it, is taking shape at a hearing before Kentucky utility regulators.
Kentucky Power is asking the Public Service Commission this week to lower the rates utilities pay residential solar customers for power they produce. That’s the billing system known as net metering, which credits utility customers for the excess power they put on the grid.
On Tuesday, The Public Service Commission heard public comments and expert witness testimony from utilities on the value of net-metering during a hearing held remotely at the regulator’s headquarters in Frankfort.
Huge pay bonanza for Gold Fields execs Ann Crotty/Moneyweb
Nick Holland, outgoing CEO of Gold Fields. Picture: Supplied Outgoing CEO Nick Holland was one of the largest beneficiaries of the annual sale, bagging R114.8 million when he sold 914 324 shares last month.
In what has become something of an annual event, in February top executives at Gold Fields bagged enormous profits by liquidating huge tranches of shares awarded to them as part of their long-term incentives.
This year the executives sold off half a billion rands worth of shares, as the Gold Fields share price enjoyed the benefit of a surge in the gold price.
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Fifteen executives sold R527m worth of shares they received a few weeks earlier as part of a performance incentive programme. Image: Supplied
In what has become something of an annual event, in February top executives at Gold Fields bagged enormous profits by liquidating huge tranches of shares awarded to them as part of their long-term incentives.
This year the executives sold off half a billion rands worth of shares, as the Gold Fields share price enjoyed the benefit of a surge in the gold price.