Bills and Rates
The Long Island Power Authority (LIPA) on Nov. 12 announced its proposed 2026 budget, which delivers stable electric rates, including a projected 3.3% decrease in the average residential customer electric bill.
Distributed Energy Resources
TotalEnergies and Google have signed a 15-year Power Purchase Agreement (PPA) to supply Google with a total volume of 1.5 TWh of certified renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio.
Community Engagement
The Northeast Public Power Association in November celebrated NEPPA’s 60th anniversary, “six decades of dedication, innovation, and connection across the Northeast public power community,” it said.
Community Engagement
This year, ElectriCities of North Carolina, Inc., celebrates 60 years of service to public power communities.
Bonds and Financing
Silicon Valley Clean Energy (SVCE) closed its fourth prepayment transaction for clean energy project bonds. The deal results in approximately $4.5 million in savings annually, a 10.8 percent discount on the cost of power representing about 44 megawatts (MWs) of around-the-clock supply.
The U.S. Senate on Nov. 10 voted 60 to 40 to pass legislation that will waive the statutory Pay-As-You-Go Act (Paygo) at the end of the year, protecting Build America Bond (BAB) and New Clean Renewable Energy Bond (New CREB) payments and elective pay tax credit payments from elimination via sequestration.