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Key factors driving renewable energy development last year — strong demand, declining costs, gains in battery storage technology and grid operators’ growing ability to handle renewables— are poised to continue into 2019, according to consulting firm Deloitte.
In the late 19th and early 20th centuries, forming a public power utility was a necessity for many communities. As larger corporations began establishing electric services in bigger cities, where the return on investment was most certain, small- and medium-sized communities across the country were
While they might not be as high-profile as the Wall Street mergers and acquisitions that make the headlines — or provide fodder for binge-worthy legal dramas on streaming services — Main Street has had its share of takeover attempts for community-owned electric utilities run by the local (or
Keeping electricity costs low is a priority for public power. Nationwide, the average residential customer served by public power pays 11.8 cents per kilowatt-hour, compared to 11.9 cents for cooperative utilities and 13.5 cents for customers served by investor-owned utilities. For the average U.S
It is a best practice for every public power utility to conduct a periodic valuation of its services and assets, even when the skies are blue and there is no threat of a potential sale looming. A valuation usually underscores the core benefits of public power — competitive retail rates, a track
Residential rates in deregulated states increased by 0.3 cent more than they did in regulated states between 1997 and 2018, increasing from 10.1 to 14.8 in deregulated states versus 7.2 to 11.6 in regulated states, the American Public Power Association said.
Illinois Gov. Pritzker signed into law a bill that gives counties and municipalities sole authority for establishing standards to develop wind farms in the state.
The Electric Power Research Institute released findings from its three-year study of potential impacts of high-altitude electromagnetic pulses on the electric transmission system, along with options to mitigate those impacts.