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Every home, store, factory, office building, and hospital pays a regular bill for electricity. The cost of electricity that appears on the bill depends on a complex set of variables that are different across the country. Electricity rates are set at a level to recover the utilities’ costs, including
The start of the new year ushered in the legalization of recreational marijuana in California, the latest marker in a growing trend of states moving to legalize cannabis use. The power industry has been grappling with several challenges associated with cannabis operations including the collection of
With the signing of an agreement between the Navajo Tribal Utility Authority and Salt River Project, a solar plant on the Navajo Nation will soon be expanded to provide more renewable energy to the Nation. The agreement also paves the way for future renewable energy projects, NTUA and SRP said on
Duke Energy Florida will spend $1 billion to add 700 MW of solar energy over the next four years and forego recovery of more than $150 million from customers for an abandoned nuclear project under a revised settlement filed Tuesday with the Florida Public Service Commission.
WPPI Energy’s 22-year power purchase agreement to receive electricity from a new wind energy center that will be located in Illinois is credit positive for WPPI because it adds a cost-effective resource, enhances the diversity of supply and improves WPPI’s carbon footprint by doubling the wind generation in its supply portfolio, Moody’s Investors Service said on Aug. 24.
The Los Angeles Department of Water and Power said that customer electricity use peaked at 6,048 MW on Aug. 29, setting a new high for 2017 and exceeding the previous high of 5,687 MW set on July 7.
The PJM Interconnection recorded a drop of approximately 520 megawatts of wholesale solar generation from before the Aug. 21 eclipse until the peak of the eclipse, the mid-Atlantic grid operator recently reported.
Investor-owned utility Xcel Energy, backed by a coalition of 14 diverse consumer and energy groups, are asking the Colorado Public Utilities Commission to approve a proposal called the Colorado Energy Plan that they say could lead to $2.5 billion in clean energy investments in rural Colorado.
Michigan’s Lansing Board of Water and Light and groSolar on Aug. 29 announced the start of construction of a utility-scale solar project in Michigan.