Electric vehicles could save drivers up to 60 percent on travel, Consumers Energy says
According to new data released by Consumers Energy, use of electric vehicles in Michigan could cut drivers’ costs by as much as 60 percent, thanks to charging costs as low as 16 cents per kW hour. Comparatively, the average price per gallon of gas in Michigan right now, amid surging inflation, ... Read More »FirstEnergy invests in fund to foster clean energy technologies
FirstEnergy Corp. is investing in global venture capital firm Energy Impact Partners' (EIP) Fund II, designed to finance, develop, and deploy technologies for a sustainable future. FirstEnergy joins with other leading utilities and companies to provide more than $1 billion in capital commitments ... Read More »Black Hills Energy Arkansas proposes new rates for natural gas
In an effort to recover non-rider eligible capital expenditures and operating expense increases, Black Hills Energy Arkansas, Inc. filed a rate review application this week that could hike the average residential bill as much as 10 percent per month. While there will be some variation in that, th... Read More »Solar prices increase for second straight quarter due to supply chain constraints
Trade policy uncertainty and supply chain constraints drove solar prices higher for the second straight quarter, according to the US Solar Market Insight report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Supply chain constraints were exacerbated by recently dis... Read More »Credit: NextEra Energy
FPL unveils new solar battery at Manatee Energy Storage Center
Florida Power and Light Company (FPL) unveiled the world’s largest solar-powered battery this week with a light and drone show at night. The light show was powered by the solar battery at FPL’s Manatee Energy Storage Center, which is the largest in the world. “It’s been a momentous yea... Read More »Minnesota Public Utilities Commission cuts interim rate increases sought by Xcel Energy
While a public rate review is underway for Xcel Energy’s electric and natural gas operations, last week the Minnesota Public Utilities Commission decided to approve reduced interim rate increases of 6.4 percent and 3.9 percent for residential electric and natural gas customers, respectively. I... Read More »SEEM taps Hartigen to build and deploy its new market platform
Hartigen has been tapped by the Southeast Energy Exchange Market (SEEM) to build and deploy the SEEM Market Platform. Hartigen is a technology solutions company that develops and configures power market software. The company was selected through an RFP process that SEEM initiated earlier in 2021 ... Read More »Credit: Exelon