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Energy Retailer in Trouble in Illinois

Linda Hardesty

The Illinois Commerce Commission is opening an investigation against Major Energy for allegations of misrepresentation and deceptive marketing practices. The investigation will direct Major Energy to show cause why the Commission should not exercise its authority to enforce remedies and other penalties under the Public Utilities Act for alleged violations that it misrepresented savings to   …Continue Reading

4 More Utilities Offer Energy Service Contracts Via FEMP

Linda Hardesty

The Federal Energy Management Program (FEMP) announced that the following four utilities have joined its list of utilities that offer energy service contracts (UESCs) to their federal customers: Dominion Virginia Power Duke Energy Piedmont Natural Gas CPS Energy A UESC is a contracting vehicle that allows utilities to provide federal customers with comprehensive energy- and   …Continue Reading

Royal Oak, Mich., Establishes PACE District

Karen Henry

The Royal Oak, Mich., City Commission voted unanimously to established a Property Assessed Clean Energy (PACE) program. It is the 10th local government to create a PACE district. Under the program, commercial building owners may voluntarily assume a special assessment on their property tax bill to finance energy efficiency, water efficiency and renewable energy projects. The   …Continue Reading

Hawaii, US Territories Aim to Increase Fuel Diversity

Karen Henry

America’s islands—the state of Hawaii and the territories of Guam, the Northern Mariana Islands and American Samoa in the Pacific, and Puerto Rico and the US Virgin Islands in the Caribbean—have depended primarily on imported petroleum products to meet their energy needs, largely due to lack of fossil fuel resources and because petroleum products are easier   …Continue Reading

Massachusetts Town Reduces Annual Electricity Use by 14%

Karen Henry

Constellation and the Town of Essex, Mass., completed an energy-efficient lighting project designed to reduce the town’s electricity consumption by an estimated 85,266 kWh annually—more than 14 percent of the town’s usage. Energy-efficient lighting was installed in Essex’s town hall, police and fire station, senior center, water filtration plant and department of public works facility.   …Continue Reading

Vikram Solar Lands Floating Solar Plant Deal

Kirsten Korosec

Indian panel maker Vikram Solar won a contract to build India’s first floating solar power plant. The 15-kilowatt pilot plant, which aims to study whether placing a solar installation above water will boost generation by cooling the panels, will be constructed by December, reported Bloomberg News. The 20,000 kilowatt-hours of electricity generated annually will be   …Continue Reading

Tidal Stream, Wave Power Outlook Falters

Kirsten Korosec

Marine renewable technologies are taking longer than hoped to scale up, largely due to project setbacks, the difficultly of deploying tidal stream and wave power devices and fatigue among venture capital investors, according to research from Bloomberg New Energy Finance. Tidal stream and wave power installations will grow to 148 megawatts and 21 megawatts by   …Continue Reading

Efficiency Financing – Decide the Vehicle Before Discussing the Rate

Jennifer Hermes

In my first article about financing energy efficiency investments, I wrote about using equipment leases and financing agreements. In this article I’ll cover the most popular source of outside capital – the building owner’s commercial bank – and my thoughts on using loans and credit lines for equipment purchases. As most know, the two most   …Continue Reading

Energy Efficiency Financing Makes a Comeback

Karen Henry

Four factors are converging to drive a comeback for financing of energy efficiency projects, according to Schneider Electric’s chief marketing officer Chris Hummel in a recent article in The Guardian. As public awareness increases about the direct impact that energy costs have on things like airline and produce prices, businesses are paying more attention to   …Continue Reading

3 Things to Consider in an Energy Procurement Contract

Linda Hardesty

There are three major mistakes that some companies make when entering into an energy procurement contract, according to Nick Papamichael of Green Crown Energy. The first is bad timing. There are very specific times of the year when electric and natural gas prices retreat and times when they spike. It’s advantageous to be aware of   …Continue Reading

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