Tuesday, March 4, 2008

NYSEG critic to get his say by LARRY RULISON

ALBANY -- A former New York State Electric & Gas executive who is crying foul about the company has been allowed to join the company's merger proceeding before state regulators.

The New Jersey man, Mark Corbett, says he is the former director of human resources for NYSEG, a Rochester-based utility that is part of Energy East Corp. of Maine. NYSEG has about 45,000 customers in the Capital Region.

Energy East, which also owns Rochester Gas & Electric, is poised to become part of Iberdrola SA of Spain in a $4.5 billion merger once the state Public Service Commission approves the deal. The PSC, which is made up of a five-person board of political appointees, regulates electric utilities in the state.

Staff at the PSC, which does the day-to-day work of the PSC board, are currently involved in negotiations with the companies to come to a settlement agreement on the merger.

Such a settlement would likely include concessions from Iberdrola to provide the public with benefits from the merger that would be acceptable to the PSC commissioners.

(Click to read entire article)

Voice Your Choice Say NO to Overhead Power Lines

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