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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.
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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
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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.
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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.
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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.
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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.