ERC’s national average benchmark price for retail electricity increased only a fraction of a percent (0.3%) last week to $0.0754 per kilowatt hour. The average benchmark price is now 1% lower than it was a month ago. Prices fluctuated last week, increasing in some states, decreasing in others.The District of Columbia (1.5%), Ohio (1.3%), and …Continue Reading
Facing a hostile GOP-controlled Congress – and with the inauguration of President-elect Donald Trump only days away – Virginia State Senator. J. Chapman Petersen (D-Fairfax City) has filed a bill (SB1095) that would protect state ratepayers, should the provisions of the Clean Power Plan be slashed by the new Administration, according to a January 11 report by the Richmond Times-Dispatch.
Brandeis University, located in the Boston metropolitan area, expects to reduce its long-term energy bills through a PPA the school signed on January 13 to obtain solar power from a 1.27-MW rooftop system installed on a property in the city of Somerville, Massachusetts. Specifically, the system is anticipated to save the school an estimated $70,000 …Continue Reading
Two bills designed to restrict how utilities pass costs on to their customers got hearings on January 11 in the Montana Energy, Technology and Federal Relations Committee, according to a report by KPAX-TV in Missoula.
Citi has entered into a contract to purchase retail, renewable power from MP2 Energy for a multi-year term at its Roanoke, Texas, data center, the financial services provider announced on January 10. The contract will provide Green-e certified renewable energy for 50 percent of the data center’s power needs. The contract takes into consideration the …Continue Reading
Altenex, an Edison Energy division that offers renewable energy advisory and procurement services, announced the availability on January 10 of PowerBloks – what the company claims is “a first-of-its-kind renewable energy power purchase agreement (PPA) structure for commercial, industrial and institutional electricity users.”
Colorado Springs Utilities is giving a secret deal to Chandler, Arizona-based Microchip Technology in order to reduce its payments of higher commercial rates that kicked in on January 1, according to an investigative report posted on January 8 by the Colorado Springs Gazette.
In Williamson County, Texas, Georgetown Electric utilities customers soon may see a hike of $2 to $4 per in their monthly bills – and it’s all because of what they didn’t use last summer, according to a January 5 report by the CBS-TV Austin affiliate, KEYE-TV.
El Paso Electric will seek rate increases in Texas and New Mexico for the second time in three years, and will once again seek to increase charges for customers with rooftop solar panels, the company announced on January 4, according to a report in the Las Cruces Sun-News.
NEP Energy Services announced on January 4 that it intends to act as a retail energy supplier in Ohio and other states, according to a report in the Cleveland Star.