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Summit Ridge Energy, ComEd open 2,495 MW Speedway Solar project in northern Illinois

Published on February 06, 2023 by Chris Galford

The 75th community solar development in ComEd’s service territory entered service last week, with the opening of the 2,495 MW Speedway Solar project as created by Summit Ridge Energy (SRE). The project consists of more than 2,300 solar panels spread across 31 acres of land. It will allow more ... Read More »

Michigan PSC approves settlement for Indiana Michigan Power’s first integrated resource plan

Published on February 06, 2023 by Chris Galford

The first integrated resource plan pitched by Indiana Michigan Power Co. (I&M) won approval from the Michigan Public Service Commission (MPSC) last week as part of a settlement between the company and a mix of governmental, citizen, and environmental groups. I&M counts approximately 131,000 resi... Read More »

Duke Energy puts new solar microgrid into service in Hot Springs, N.C.

Published on February 06, 2023 by Dave Kovaleski

Duke Energy has launched a new solar microgrid in Hot Springs, N.C., located in Madison County. The Hot Springs microgrid is made up of a 2-megawatt (AC) solar facility and a 4.4-megawatt lithium-based battery storage facility. “Duke Energy has numerous smaller microgrids on our system, bu... Read More »

FirstEnergy to sell Brookfield Super-Core interest in FirstEnergy Transmission

Published on February 06, 2023 by Liz Carey

FirstEnergy Corp. announced Thursday it had entered into an agreement with Brookfield (Brookfield) Super-Core Infrastructure Partners to sell an additional 30 percent ownership in its FirstEnergy Transmission, LLC (FET). The $3.5 billion all-cash deal with strengthen FirstEnergy’s position, th... Read More »

Xcel Energy sees $1.4B in cost savings through Inflation Reduction Act

Published on February 06, 2023 by Dave Kovaleski

Xcel Energy’s Minnesota customers are expected to save an estimated $1.4 billion in costs over the next 10 years through provisions in the federal Inflation Reduction Act. In a filing with the Minnesota Public Utilities Commission, Xcel Energy outlined its plan to leverage new and extended tax... Read More »

Duke Energy to expand Green Source Advantage program

Published on February 03, 2023 by Dave Kovaleski

Duke Energy is looking to expand a program that would allow its customers to supplement their power usage with 100 percent renewable power. Duke Energy’s Green Source Advantage (GSA) program, launched in 2017, allows large customers to offset their power purchases by securing renewable energy f... Read More »

Florida Power & Light opens 10 new solar energy centers

Published on February 03, 2023 by Dave Kovaleski

Florida Power & Light Company (FPL) officially launched 10 new solar energy centers in its service territory this week. The 10 new solar energy centers, now in operation, can generate 745 MW of energy, enough to power 150,000 homes and reduce carbon emissions, equivalent to taking 140,000 cars of... Read More »

Avista files for new electric, natural gas rate plan in Idaho to recover investment, operating costs

Published on February 03, 2023 by Chris Galford

The Idaho Public Utilities Commission received a new, multi-year rate plan from Avista this week that would, if approved, push the company’s base revenues higher on an annual basis, leading to a proposed rate of return of 7.59 percent. How it would affect customers, though, will vary by custom... Read More »

Chicago, ComEd reach energy and equity, franchise agreements in support of local climate action plan

Published on February 03, 2023 by Chris Galford

The City of Chicago announces two major agreements with utility ComEd this week, committing them to an energy and equity agreement and a new franchise agreement that supports more equitable clean energy access, workforce development, clean transportation options, and more. "I am proud to announc... Read More »

SEPA provides utilities with transportation electrification toolkit

Published on February 03, 2023 by Liz Carey

A new publication from the Smart Electric Power Alliance (SEPA) will give utilities and regulators the tools they need to transition to transportation electrification, the organization said. In collaboration with the Electric Power Research Institute (EPRI), the toolkit will leverage perspective... Read More »