In its second significant drop this year, Pacific Power is decreasing power bills for its Northern California customers by 5.1 percent -- approximately $6.50 per month for the average residential customer.
In all, this marks a 10 percent drop in billing since February 2020. Pacific Power credits ... Read More »
Looking for ways to stimulate the development of transmission infrastructure in the United States, the Federal Energy Regulatory Commission (FERC) last week proposed reforms for its electric transmission incentives policy.
That policy governs incentive-based rates for electric transmission -- rat... Read More »
The California Public Utilities Commission (CPUC) has proposed a new framework for the electrification of transportation in the state, but electric utilities are not yet on board with the idea. The CPUC plans to hold a teleconference to discuss the topic on March 23.
The proposal requests 10-year... Read More »
Amid the ever-spreading COVID-19 pandemic, the Edison Electric Institute (EEI) announced on Thursday that its investor-owned electric company members will suspend any electricity shut-offs due to non-payment throughout the country.
According to EEI president Tom Kuhn, this will help reduce potent... Read More »
The Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC) are working to ensure that bulk electric system operators can focus resources on keeping people safe and the lights on during this public health emergency.
FERC and NERC are using regul... Read More »
ConocoPhillips has made several adjustments related to the market downturn, including reducing capital expenditures for 2020 by $700 million.
That is a 10 percent decrease from the previously announced guidance. The reduction will result in slowed development activity through the United States an... Read More »
PJM Interconnection this week submitted a compliance filing for a December 2019 Federal Energy Regulatory Commission (FERC) order that demanded expansion of the minimum offer pricing rule (MOPR) used in capacity auctions.
These moves were meant to guarantee providers bid into PJM’s capacity mar... Read More »
Federal officials, suppliers, as well as member and non-member energy services (ESCOs) of the National Association of Energy Service Companies (NAESCO), gathered this week for a conference focused on the steps and tools necessary to advance energy efficiency and infrastructure.
At the day-long 20... Read More »
Solar accounted for 40 percent of all new electric generating capacity in the country last year, the highest percentage it has ever had.
Plus, the 13.3 gigawatts (GW) of new capacity installed was more than any other source of electricity.
Despite tariffs and policy challenges, the U.S. solar ... Read More »
The Maine Public Utilities Commission approved ENMAX Corp.’s acquisition of Emera Maine, a utility that serves the Bangor region.
The $1.3 billion acquisition is expected to close next week.
While Emera Maine’s name will change, it will remain a stand-alone Maine company with operational d... Read More »