For utility customer satisfaction, J.D. Power says communication, control are key; North Carolina Gov. McCrory signs compromise coal ash cleanup bill; Reno casino latest Nevada company to request exit from NV Energy service; As utility stocks rally, Wall Street debates value of sector in aftermath of Brexit vote
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The agency acted "arbitrarily, capriciously, and in excess of its statutory authority" when it rejected plans from Texas and Oklahoma to deal with air pollution at national parks, the 5th Circuit Court decided.
The Brexit vote and other macroeconomic trends have drawn investors into the utility sector, leading analysts to worry stocks are higher than they should be.
The Texas Clean Energy Project was about to lose federal support, but has found a way to buy more time to convince the Obama administration in continuing financial backing.
The funding also aims to allay investor fears over the company's financial standing in spite of uncertainty surrounding a potential takeover by Tesla Motors.
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