9% increase in natural gas
base rate revenue, effective August 1.
As a resolution of the CR3 outage issues pending in the current docket before the FPSC, Progress Energy Florida will remove its existing nuclear plant from
base rates starting in 2013 while the company continues to evaluate options for the plant.
The
base rate, say experts, will give even the existing borrowers the option to shift to lower rates.
But on a brighter note, Lloyds TSB, which also lends under the Cheltenham and Gloucester brand, pledged to pass on any
base rate reduction in full to customers on its standard variable rate.
Alan Greenspan's comments on the weakening USA economy are an important factor when assessing UK interest rate policy because, as the UK economy is more closely aligned to the US, any interest rate movements in the USA will have a significantly greater impact on UK economic policy than changes in the ECB
base rate,' he said.
5 per cent above the Bank
base rate, or the repo rate as it's sometimes called.
This is the second
base rate reduction by the bank since April this year, when ICICI had cut its
base rate by 0.
05 % in the
base rate will have a minor impact on most individual borrowers.
There was a sequence of five
base rate rises over the 12 months from August 2006 to July 2007.
An excellent low rate that tracks the Bank of England
base rate is available from First Active.
Allegheny Power filed for a
base rate increase on July 26, 2006 of $100 million (annualized), primarily due to the significant rise in the cost of fuel used to generate electricity.
The PSCW s written order on the approval of the
base rate freeze is expected within the next two months.
