Although the brokerage fee did not exceed any applicable interest rate caps
in other states, Fast Easy has also put in place steps to notify consumers in Northern Territory, Western Australia, South Australia, Victoria and Tasmania (where the same 48% state interest rate cap
law did not apply) that they can claim a refund for the brokerage fee that was charged.
Still, restoring an interest rate cap
is the time-tested reform which has proven most effective in curbing abusive money lending.
However, since not all school districts were bound by the tax rate caps
, determining whether there were different effects for the districts so bound is a logical next step.
The Commission's ruling denies customers any share of the merger savings by giving Met-Ed and Penelec credit for providing service under a rate cap
- something they were already legally obligated to do.
Now is the time to take action to help ensure our customers do not experience what customers in Maryland and Delaware are currently dealing with following the expiration of generation rate caps
8 billion and generate about $307 million in additional economic activity if the Virginia legislature approves a proposal by the governor and attorney general for a three-year rate cap
extension, an updated economic study showed Monday.
With the expiration of the residential generation rate caps
and the move to market-based generation pricing on January 1, 2009, the surcharge would convert to a credit on customers' bills.
We appreciate the opportunity to develop a plan for avoiding a dramatic spike in customer bills when rate caps
expire," said David E.
Group I consists of $111,627,427 of six-month adjustable- rate loans based on the LIBOR index with periodic rate caps
of 1 percent.
When the rate caps
are removed in 2010, without energy efficiency technology and programs in place, customers will be at the mercy of the vagaries of the market place, with no protection.
Dockser explained that this rise in three-month LIBOR will likely reduce 1995's dividend further, though three factors could partially offset the decline in earnings from rising short term interest rates: CRIIMI MAE's interest rate caps
, the returns generated by CRIIMI MAE's investments in subordinated debt securities, and the possible conversion to a self- administered company which can add revenues from new businesses such as mortgage servicing.
31, 2006, the administrative law judges (ALJs) issued their recommended decision in MetEd and PenElec's pending rate case rejecting key elements of the utilities' proposed transition plan which, among other things, would have increased generation rate caps
prior to the end of the utilities' transition plans on Dec.