Georgia Power issued its first sustainability bond this week.
The proceeds from the bond – expected to be $742 million -- will be allocated to fund the company's environmental, renewable, and social (ESG) initiatives. The bond carries a 3.25% coupon – the lowest 30-year coupon for a publicly... Read More »
Brazos Electric Power Cooperative in Waco, Texas, filed for bankruptcy after getting hit with a huge bill from the state’s grid operator, Electric Reliability Council of Texas (ERCOT), after the winter storms that paralyzed the state in February.
Brazos Electric – the state’s oldest and lar... Read More »
An Energy Information Administration (EIA) analysis attributed the increased demand for natural gas and near-record underground natural gas storage withdrawals in mid-February to colder than normal temperatures.
The EIA indicated the circumstances led to the nation's second-largest reported withd... Read More »
As a result of a historic February storm that damages large swathes of the state, the Public Service Company of Oklahoma (PSO) has filed an effort to increase the fuel cost adjustment on customer bills but moved to minimize its impacts by extending its cost recovery period.
“We understand thes... Read More »
Utilities United Against Scams (UUAS), a consortium of 146 U.S. and Canadian electric, water, and natural gas utilities, is taking the week to promote awareness of the dangers customers face through impostor utility scams.
As part of National Consumer Protection Week, which runs through March 6,... Read More »
MidAmerican Energy Co. recently stated its customers will see an increase on their March bills, but not as high as most of the Midwest and significantly less than the South.
MidAmerican Energy has electric customers in Illinois, Iowa, and South Dakota and natural gas customers in Illinois, Iowa, ... Read More »
Duke Energy has started construction on the Broad River Solar power plant, a 50-MW in Cleveland County, N.C.
The facility -- owned and operated by Duke Energy Renewables, a subsidiary of Duke Energy -- will contain more than 170,000 solar panels across approximately 500 acres near Boiling Springs... Read More »
The California Public Utilities Commission (CPUC) passed a resolution proposing to place Pacific Gas and Electric Company (PG&E) into step one of the Enhanced Oversight and Enforcement program established last year.
In the resolution, CPUC cited shortcomings in the company’s 2020 Enhanced Veget... Read More »
The Lincoln Transportation and Utilities Department (LTU) in Nebraska announced the completion of a unique project last week to use the natural gas from a city wastewater facility and turn it into vehicle fuel.
Digestion of solids in that wastewater produces the greenhouse gas methane. Tradition... Read More »
Texas power producers will likely have to make sure their power plants, wind turbines and natural gas pipelines are ready for next winter, but is the state standing by to assist?
As Texas gets back on its feet after February’s wave of power outages, it appears the state’s priorities for the i... Read More »