Energy company owes DC millions for not meeting clean energy …

Nov 15, 2024  · AltaGas will pay $2.1 million to the District for missing the July 2023 solar capacity deadline. Beginning in 2025, AltaGas will incur daily penalties ranging from $1,500 to $3,600 …


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Energy Company Owes DC Millions For Not Meeting Clean Energy …

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Nov 15, 2024  · AltaGas will pay $2.1 million to the District for missing the July 2023 solar capacity deadline. Beginning in 2025, AltaGas will incur daily penalties ranging from $1,500 to $3,600 …

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District Of Columbia AG Announced Settlement Over Energy …

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Nov 15, 2024  · However, the Public Service Commission found that, as of July 2023, AltaGas had only developed 2.4 megawatts of solar. The settlement requires AltaGas to pay at least $2.1 …

stateimpactcenter.org

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Press Release: Altagas Agrees To $2.1 Million Settlement For Non ...

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Nov 22, 2024  · Up to 20% cash back  · OPC Applauds $2.1 Million AltaGas Penalty for Broken Promises in Washington Gas Merger . Washington, D.C. ... The penalty is included in a …

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Environmental Protection | Attorney General Brian Schwalb

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Aug 6, 2024  · Attorney General Schwalb Secures Over $2.1 Million from AltaGas Over Failure to Meet Solar Development Requirements ... have been ordered to pay $100,000 for repeatedly …

dc.gov

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Attorney General Brian L. Schwalb Announces A Settlement …

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Nov 15, 2024  · See: Attorney General Schwalb Secures Over $2.1 Million from AltaGas Over Failure to Meet Solar Development Requirements. Category: Uncategorized; ... Washington …

opc-dc.gov

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AltaGas To Pay DC Over $2 Million For Failing To Deliver

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WASHINGTON (7News) — Natural gas company AltaGas will pay the District of Columbia at least $2.1 million in penalties for failing to deliver on a promised solar energy offset, according to …

newsbreak.com

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NEW: AltaGas Will Pay... - Attorney General Brian Schwalb - Facebook

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NEW: AltaGas will pay over $2.1 million to the District for failing to develop the solar energy capacity that was mandated by its merger with Washington Gas. AltaGas must also pay …

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Attorney General Schwalb Secures Over $2.1 Million From AltaGas …

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Nov 15, 2024  · Attorney General Schwalb Secures Over $2.1 Million from AltaGas Over Failure to Meet Solar Development Requirements. ... Under the settlement, AltaGas must pay at least …

publicnow.com

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Attorney General And People’s Counsel Reach Agreement With …

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May 8, 2018  · I commend the leadership of AltaGas for taking the steps necessary to enhance the deal.” ... Attorney General Schwalb Announces Zyn Manufacturer Will Pay $1.2 Million to …

dc.gov

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Attorney General Brian Schwalb | ☀️ NEW: AltaGas Will Pay Over …

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21 likes, 0 comments - dcattorneygeneral on November 15, 2024: "☀️ NEW: AltaGas will pay over $2.1 million to the District for failing to develop the solar energy capacity that was …

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EarnIn App Sued For Misleading 20,000 DC Consumers With False …

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SEE ALSO | AltaGas to pay DC over $2 million for failing to deliver solar energy “EarnIn lures in hard-working, cash-strapped workers with the false promise of free instant cash advances, and ...

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OPC Applauds $2.1 Million AltaGas Penalty For Broken Promises In ...

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Nov 22, 2024  · Doxie McCoy. Public Information Officer (202) 727-3071 (202) 261-1180 [email protected]

opc-dc.gov

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EXECUTION VERSION BEFORE THE PUBLIC SERVICE …

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3. AltaGas will provide $4.2 million for energy efficiency and energy conservation initiatives with a primary focus on assisting low and limited-income residents who are living in affordable …

dc.gov

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Q3 2024 Financial Results And Corporate Update - Altagas.ca

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and the status thereof ; AltaGas’ leverage targets; the Company’s 2024 guidance including normalized earnings per share of $2.05 to $2.25 and normalized EBITDA of $1.675 to $1.775 …

altagas.ca

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News & Updates | Attorney General Brian Schwalb - Oag.dc.gov

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Dec 10, 2024  · Attorney General Brian L. Schwalb today announced that the makers of Zyn nicotine pouches will pay $1.2 million to resolve allegations that the company facilitated the …

dc.gov

FAQs about Energy company owes DC millions for not meeting clean energy … Coupon?

How much will AltaGas pay for solar energy development in DC?

AltaGas will pay up to $2.1 million of this additional penalty into the District Department of Energy and Environment’s Renewable Energy Development Fund to develop additional solar resources in DC, with penalties in excess of this additional $2.1 million paid to the District’s General Fund. The settlement agreement is available here. ...

How did AltaGas get a deal with Washington Gas?

The settlement agreement, negotiated by the Office of the Attorney General (OAG) was approved by the District of Columbia Public Service Commission (PSC), which authorized the 2018 merger. “To win approval of its merger with Washington Gas, AltaGas promised to do its part to combat climate change by developing clean energy capacity in the District. ...

Will AltaGas buy WGL?

In early 2017, AltaGas, a large Canadian natural gas company, announced plans to acquire the parent company of WGL, subject to various regulatory approvals, including at the DC Public Service Commission (PSC). ...

What transpired between AltaGas and WGL?

AltaGas Ltd. (AltaGas) and WGL Holdings, Inc. (WGL) announced that they have signed a settlement agreement with the key stakeholders in the Washington, D.C. regulatory proceedings regarding AltaGas' merger with WGL (the WGL Acquisition). ...

How much solar capacity does AltaGas need?

Under the terms of the 2018 merger, AltaGas was required by July 2023 to develop, or cause the development of, 10 megawatts of battery storage or solar capacity in the District at no cost to ratepayers. However, the PSC found that AltaGas, as of July 2023, had only developed 2.4 megawatts of solar capacity—less than 25% of the requirement. ...

What should I expect from AltaGas' 2024 guidance figures?

Currently, progressing price discovery to accelerate AltaGas' deleveraging strategy. Well-positioned to achieve our 2024 guidance figures. Expect midpoint of Normalized EPS1 of $2.05 - $2.25 and upper end of Normalized EBITDA1 of $1.675 billion to $1.775 billion. ...

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