Soaring natural gas prices put the chill on the outlook for winter utility bills As winter is quickly approaching, concerns of rising natural gas prices have been presented by the United States Energy Information Administration, with its Winter Fuels…
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Polar Vortex of ’21 Cost Arkansas State Utility Customers Over $935M: What Happened
Between Feb. 11-20, 2021, Arkansas experienced extreme weather resulting in sub-zero temperatures, the accumulation of ice and record snowfalls across the state. The deep freeze caused by the polar vortex caused a huge disruption in natural gas supplies at the…
- BusinessBusiness & FinanceEducationFinance & BankingMagazineMay 2021
For Rush Harding, The Trail Led to Junior Achievement: LR Financier Followed In Sheffield Nelson’s Footsteps
by Mark Carterby Mark CarterWhen Rush Harding III talks about Junior Achievement, the education nonprofit for which the Crews & Associates founding partner has served as benefactor and from which he will receive a Legacy Award on May 27, it’s not long before the…
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Summit Utilities Acquires 17,000 Miles of Arkansas, Oklahoma Gas Pipeline in $2.15 Billion Deal
by Tyler Haleby Tyler HaleSummit Utilities is acquiring CenterPoint Energy Inc.’s Arkansas and Oklahoma gas distribution assets in a transaction worth $2.15 billion. Through this transaction, Summit will gain approximately 525,000 customers and 17,000 miles of gas main pipeline across the two states and…
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CenterPoint Energy Planning Temporary Rate Reduction
by AMP Staffby AMP StaffCenterPoint Energy has filed a request with a state commission to temporarily reduce its rates by $19 million. The request comes after an order from the Arkansas Public Service Commission to reduce utility rates. The commission issued the order in…
Arkansas’ three natural gas utilities will raise their rates starting yesterday, primarily because of the increase in the price of natural gas, the companies told the state’s Public Service Commission on Monday, October 31. The three companies — CenterPoint Energy,…