Federal and state officials celebrated a major milestone last week with the completion of the South Fork Wind offshore wind project located off the coast of Long Island.
All 12 turbines for the 130-megawatt wind farm, located 35 miles off the coast of Montauk, have been installed. It is now deli... Read More »
Duke Energy appointed Harry Sideris as its new president, effective April 1.
Sideris will work under Lynn Good, Duke Energy’s chair and CEO. Good had also served as president, but she will relinquish that role to Sideris.
Sideris has worked at Duke Energy for 28 years, most recently servin... Read More »
After its original multi-year grid plan was rejected by the Illinois Commerce Commission in December 2023, ComEd recently refiled, putting forth a plan inclusive of increased access to clean and renewable energy benefits, with increased focus on affordability, cost effectiveness and benefits.
Fo... Read More »
Florida Power & Light Company is seeking approval from the Florida Public Service Commission (PSC) to further reduce its rates beginning in May.
This would be the second rate decrease in a row after the company got a rate decrease approved for April.
The approved April rate decrease was due t... Read More »
ComEd recently proposed a new Low-Income Discount (LID) program to the Illinois Commerce Commission (ICC) that would, if approved, aid households at up to 300 percent of the Federal Poverty Level (FPL).
“ComEd’s newly proposed low-income discount program builds upon our longstanding commitme... Read More »
Ameren Missouri is in the process of installing upgraded electric smart meters in its service territory.
Crews began replacing the old meters with new ones for some 42,000 customers in Cape Girardeau and Dexter on March 4. Customers in Caruthersville, Charleston, Hayti, Portageville and Steele ca... Read More »
In its latest proposal to the Rhode Island Public Utilities Commission (RIPUC), Rhode Island Energy recently proposed a supply price drop of more than 40 percent for this spring.
Practically speaking, this would bring typical residential customers using 500 kWh per month bills lowered by about $... Read More »
PECO, the Philadelphia Electric Co., posted the lowest rate of power outages in the company’s history last year.
The results showed that 86 percent of PECO customers experienced zero or one outage in 2023. And when outages did occur, the average time to restore power was just 90 minutes.
Thi... Read More »
The offshore, 3,500 MW Kitty Hawk Wind project in the federal waters off Virginia could deliver approximately $4.8 billion in economic impact for the state, according to a new economic and fiscal impact report from Avangrid, Inc.
“Kitty Hawk Wind is a transformational opportunity for Virginia a... Read More »
More than $10 billion of investments into the grid over the past decade paid off for Georgia Power last year, as 2023 brought high marks for service reliability driven largely by use of smart, automated technology.
The frequency of service interrupts, charted by the System Average Interruption F... Read More »