Minnesota has a renewable energy standard which requires OTP to generate or procure sufficient renewable generation such that the following percentages of total retail electric sales to Minnesota customers come from qualifying renewable sources: 17% by 2016; 20% by 2020 and 25% by 2025. In addition, Minnesota law requires 1.5% of total Minnesota electric sales by public utilities to be supplied by solar energy by 2020. For a public utility with between 50,000 and 200,000 retail electric customers, such as OTP, at least 10% of the 1.5% requirement must be met by solar energy generated by or procured from solar photovoltaic devices with a nameplate capacity of 40 kWs or less. If approved by the MPUC, individual customer subscriptions to an OTP-operated community solar garden program of 40 kWs or less could be applied toward the 10% requirement. OTP has purchased sufficient solar renewable energy credits (SRECs) to meet 100 percent of its 2020 obligation and approximately 70% of its 2021 obligation.
Indonesia, Singapore, and Thailand had suffered a lot from the 1997 Asian Financial Crisis. The least affected Asian nations include Brunei, China, Singapore, Taiwan, and Vietnam.
Most New Yorkers walk by sewer grates or subway entrances and think nothing of it, but not journalist Will Hunt. Hunt is fascinated with the world below us.
The CITT has ruled that standard pipe from the Philippines, Pakistan, Turkey and Vietnam will be subject to tariffs ranging from 46% to 66% for the next 5 years.
The states of North Dakota and South Dakota currently have no proposed or pending legislation related to the regulation of GHG emissions, but North Dakota and South Dakota have 10% renewable energy objectives. OTP currently has sufficient renewable generation to meet the renewable energy objectives in both North Dakota and South Dakota.
Operating working capital requirement: includes working capital requirement as well as other receivables and payables.
Most Electric segment revenues are earned from the generation, transmission and sale of electricity to retail customers at rates approved by regulatory commissions in the states where OTP provides service. OTP also earns revenue from the transmission of electricity for others over the transmission assets it owns separately, or jointly with other transmission service providers, under rate tariffs established by the independent transmission system operator and approved by the FERC. These revenues account for over 80% of other electric revenues reported in the table of disaggregated revenues in note 2. A third source of revenue for OTP comes from the generation and sale of electricity to wholesale customers at contract or market rates. Revenues from all these sources meet the criteria to be classified as revenue from contracts with customers and are recognized over time as energy is delivered or transmitted. Revenue is recognized based on the metered quantity of electricity delivered or transmitted at the applicable rates. For electricity delivered and consumed after a meter is read but prior to the end of the reporting period, OTP records revenue and an unbilled receivable based on estimates of the kilowatt-hours (kwh) of energy delivered to the customer.
In Columbus, buses were shut down for faulty transmissions, check engine lights, excessive smoking, oil leaks, burning smell and other maintenance issues.
Gross capital expenditure: Gross capital expenditure is defined as the sum of cash outflows for acquisitions of property, plant and equipment and intangible assets and cash outflows for acquisitions of biological assets.
General Rates—On November 2, 2017 OTP filed a request with the NDPSC for a rate review and an effective increase in annual revenues from non-fuel base rates of $13.1 million or 8.72%. The requested $13.1 million increase was net of reductions in North Dakota RRA, TCR and ECR rider revenues that would have resulted from a lower allowed rate of return on equity and changes in allocation factors in the general rate case. In the request, OTP proposed an allowed return on rate base of 7.97% and an allowed rate of return on equity of 10.3%. On December 20, 2017 the NDPSC approved OTP’s request for interim rates to increase annual revenue collections by $12.8 million, effective January 1, 2018. In response to the reduction in the federal corporate tax rate under the TCJA, the NDPSC issued an order on February 27, 2018 reducing OTP’s annual revenue requirement for interim rates by $4.5 million to $8.3 million, effective March 1, 2018.
Speaking about the best quality of their stainless steel tubes, the spokesperson of the Stainless Steel Tube supplier reveals about their advanced manufacturing process. According to him, they have a well-equipped manufacturing facility with an experienced technical team, entrusted with the task of producing the best quality stainless steel tubes that exactly match the client’s specifications. They use premium quality and tested stainless steel strips in their manufacturing process. At first, welded mother tubes are formed on the tube mill from these imported stainless steel strips. Using the most up-to-date TIG multi-electrode welding technique, the best weld quality is achieved, which ensures the durability of the hollow tubes. With the argon purging, 100% fusion is made possible. The spokesperson states that no filter metal is added in the production process of these hollow stainless steel pipes.
The annual dividend that Insteel Industries Inc. pay is $0.12 per share with a dividend yield of 0.54%. Ternium S.A. also pays out annual dividends at $1.1 per share and at a 3.5% dividend yield.
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