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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.
With “behind-the-meter” energy storage receiving increased attention these days as costs go down and customer deployments go up, now is a good time for utilities to consider what the buzz...
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.