Generation
The Lincoln Electric System Administrative Board recently approved a resolution to amend the 2025 LES Budget and implement a 4% systemwide rate adjustment to fund additional generation for the utility.
Bonds and Financing
Moody’s Ratings has assigned an Aa1 rating to New Braunfels Utilities’ proposed $134 million Utility System Revenue Refunding Bonds, Series 2025, and reaffirmed the Aa1 rating on all existing senior lien revenue debt.
Community Engagement
Retool’25, a one-day conference scheduled for June 3 and organized by the Jamestown Board of Public Utilities, will focus on sustainability, energy efficiency and energy innovation for small and medium manufacturers and businesses.
Bonds and Financing
Fitch Ratings affirmed the A+ outlook on $1.74 billion in utility system revenue bonds for Gainesville Regional Utilities on May 9, citing a strong financial profile due largely to a “significant” reduction in the utility’s general fund transfer payments to the city and affordable rates.
Community Engagement
The Kissimmee Utility Authority board of directors interviewed eight applicants recently to fill an upcoming vacancy on the five-member volunteer utility board.
Generation
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables. The report, titled "Turbocharged vs turbo lag: The new landscape for gas
Electricity Markets
Retail electricity prices have increased faster than the rate of inflation since 2022, and the U.S. Energy Information Administration expects them to continue increasing through 2026, based on forecasts in its Short-Term Energy Outlook.
Workforce
As Ryan Kornegay, an apprentice with Florida public power utility JEA, prepares to take the next step in his career and become a JEA lineworker, his choice of profession flows from a family with a long history in lineworking. Kornegay has won APPA’s Overall Apprentice Award at the Lineworkers Rodeo
Bills and Rates
The American Public Power Association on May 12 filed joint comments with the American Public Gas Association and National Rural Electric Cooperative Association in response to the Office of Management and Budget’s (OMB) notice and request for information on ideas for deregulation.
Energy Efficiency
City Utilities of Springfield, Mo., has launched CU Peak Rewards, a new voluntary program designed to reduce electric usage during peak times, such as periods of extreme weather.