NextEra Energy, Inc. announced Wednesday that Eric Silagy, Florida Power & Light Company’s chairman, president, and CEO, is retiring.
Silagy spent 20 years with NextEra, including 11 years leading FPL. The company said Armando Pimentel will return to NextEra to serve as president and CEO of FP... Read More »
After two hurricanes and increases to natural gas prices in 2022, Florida Power & Light Company announced Monday that it had filed a proposal with the Florida Public Service Commission (PSC) to adjust customer rates to recover those unexpected costs.
The plan, which the PSC must approve, would ba... Read More »
Louisville Gas & Electric (LG&E) has requested permission from the Kentucky Public Service Commission to reduce the associated line item on gas customer bills.
The request comes as the company, owned by PPL Corp., expects temperatures to be on the rise, following subzero temperatures at the begin... Read More »
Higher projected sales and lower anticipated overhead has PPL Corporation optimistically looking ahead to a profitable future in the next few years.
Company officers were telling Wall Street that the combination of steadily increasing power loads coupled with improved efficiencies in both generatio... Read More »
Nearly 30 miles of pipe were replaced and nearly 17 miles added as part of Consumers Energy’s South Oakland Macomb Network natural gas pipeline project in Michigan, which finished work in late 2022.
The project cost approximately $164 million, encompassing 15 projects over a four-year process. ... Read More »
Chicago-based Peoples Gas has filed a request with Illinois regulators to restructure how costs are recovered from its customers for infrastructure projects.
According to a release from Peoples gas, the filing is not expected to increase customer bills. Natural gas pricing, which is expected to ... Read More »
UGI Corporation received a AAA rating upgrade from MSCI as part of its 2022 environmental, social and governance (ESG) rating assessment.
UGI performed in the top 7 percent of all peer companies across the globe for its actions across ESG matters, according to MSCI. The rating reflects UGI’s r... Read More »
PPL Corporation promoted Francis Sullivan to executive vice president and chief operating officer.
Sullivan, who started in his new role on Jan. 1, oversees PPL's regulated utility operations and has the presidents of PPL's Kentucky, Pennsylvania, and Rhode Island utility companies reporting to h... Read More »
Chris Womack has been named the new president and CEO of the Southern Company, and he was elected as a member of the company’s board of directors.
Womack will take over as CEO following the company’s 2023 annual meeting of shareholders and assume the role of president as of March 31.
Woma... Read More »
Under the continued helming of CEO Dave Lesar, CenterPoint Energy, Inc. deployed a series of organizational changes and structural streamlines for the new year, including handing the roles of both president and COO to Jason Wells and centralizing gas operations.
Lesar has run the enterprise for a... Read More »