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News With today's fast-paced business environment and ever-changing regulations, it's so important to be informed about issues that affect your utility investment. USSD helps our members stay informed with:
For more information on issues regarding the Electric Utilities Industry visit the Edison Electric
Institute's Website. http://www.eei.org/
Investor News
Multi Industry Letter to President on Utility MACT - A multi-industry letter was sent late last year (2011) to President Obama expressing concern that the Utility MACT rule could cause significant electricity reliability constraints that would have a ripple effect through our economy. The letter urges the President to ensure that electric reliability risks of the final rule can be managed effectively. The letter was spearheaded by the U.S. Chamber of Commerce and was signed by as many as 135 organizations. Watch for further developments on this issue.
For the most current investor news, check out our Twitter account. @US-SD
PUC warns of deceitful billing scheme
PIERRE, S.D. – South Dakota businesses are being targeted in a billing scheme by an out-of-state company that attempts to elicit payment for telecommunications services and/or products that have not been ordered or received, warns the South Dakota Public Utilities Commission. Businesses have reported receiving a document that appears to be an invoice for “telecom maintenance agreement” from an unfamiliar company. The document instructs the recipient to remit payment of several hundred dollars to an address in California. The PUC has learned that school districts and other public agencies have received the billing.
Businesses that have contacted the PUC confirmed that they have not ordered such services and did not send money to the company. The billing entity did not respond to inquiries made by the PUC.
The PUC advises businesses and individuals to carefully review all invoices and billing statements they receive and to question any that are from companies not familiar to the recipient. Businesses or consumers may contact the PUC for assistance by calling 1-800-332-1782 or by emailing PUC@state.sd.us |
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