Natural Gas Procurement Plan Rules (Arkansas)
Last modified on February 12, 2015.
|Applies to States or Provinces||Arkansas|
|Name||Natural Gas Procurement Plan Rules (Arkansas)|
|Policy Category||Other Policy|
|Policy Type||Generation Disclosure, Industry Recruitment/Support|
|Affected Technologies||Natural Gas|
The Natural Gas Procurement Plan Rules are promulgated under the authority of the Arkansas Public Service Commission. These rules require that utilities develop and maintain a diversified gas supply portfolio. The portfolio should consist of an appropriate combination of different types of gas purchase contracts and/or financial hedging instruments designed to yield an appropriate balance of reliability, reduced volatility and reasonable price. In so doing, each utility should take into consideration various factors including, but not limited to, its particular circumstances, the demographics of its customers, the then-current market projections of both volatility and price, supply/demand estimates, and other relevant information that is available in the industry. These rules are intended to be consistent with Ark. Code Ann. 523-15-103.
|Contact Name||Diana Brenske|
|Department||Arkansas Public Service Commission|
|Address||1000 Center Street, Little Rock, Arkansas, 72201|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Arkansas Public Commission 01-023-NOI|