Exelon Corporation and Pepco Holdings Inc. announced Wednesday that they have reached a settlement with the state Board of Public Utilities to review the two companies’ proposed merger. The merger will bring together Exelon’s three electric and gas utilities – BGE, ComEd and PECO – and Pepco Holdings’ three electric and gas utilities – ACE, Delmarva Power and Pepco – to create the leading mid-Atlantic electric and gas utility, according to a news release. The settlement on the proposed merger, which was announced on April 30 of last year, is subject to the approval of the commissioners of the state… Read more.
Ontario- and Houston-based Just Energy Group Inc. has reached a deal with a California company to start providing solar power to residential customers. Just Energy, which has Amigo Energy, Tara Energy and Hudson Energy as part of its corporate umbrella, is partnering with California-based Clean Power Finance Inc. The deal marks Just Energy’s entrance into the solar power game. Just Energy will launch its offerings in New York and California early this year, but Texas may not be far behind. Deb Merril, the Houston-based co-CEO of Just Energy, said Houston and the rest of Texas are not part of the… Read more.
The Pennsylvania Public Utility Commission (PA PUC) announced it will hold public input hearings on the proposed distribution rate increase requests for FirstEnergy Corp.’s Pennsylvania subsidiaries, including Penelec and West Penn Power. The PUC’s Office of Administrative Law Judge (ALJ) will hold hearings at from 1 to 6 p.m. Nov. 5 at the Warren County Courthouse; and from 1 to 6 p.m. Nov. 10 at the Ambassador Banquet and Conference Center, 7794 Peach St., Erie. On Oct. 2, the requests were suspended for up to seven months and will be assigned to the Office of Administrative Law Judge for public… Read more.
ComEd announced today that residential and small commercial customers who purchase their electricity supply from the utility may switch to a retail electricity provider at any time. If ComEd electricity supply customers choose to switch to a retail electricity provider, they will no longer be required to remain with ComEd for a minimum period of time before doing so. “The residential electric supply market has really taken off in the last few years, and ComEd is constantly evaluating how we can adjust to support the best interest of our customers,” said Anne Pramaggiore, president and CEO, ComEd. Pramaggiore continued, “Our… Read more.
Despite an extremely severe winter and correspondingly high electricity bills, satisfaction with retail electric providers has improved dramatically from 2013, driven in part by improved communications, according to the J.D. Power 2014 Retail Electric Provider Residential Customer Satisfaction Study SM. The study, now in its second year of measuring retail electric providers in competitive markets in addition to Texas, examines satisfaction among residential customers of 82 ranked retail electric providers in nine states across five key factors: price; communications; corporate citizenship; enrollment/renewal; and customer service. An additional factor, billing and payment, is measured in Texas.1 Overall satisfaction with retail electric… Read more.
Retail energy provider, Constellation, donated $10,000.00 to non-profit Champions for Life Sports Center in Auburn, New York. Champions for Life Sports Center has been a longtime supporter of athletes with disabilities. Their power soccer team, CNY United, is among the elite clubs in the nation. Power soccer is a modified sport, modeled after indoor soccer, played on a basketball court. Teams of 4 players, a goalie and 3 attack/defenders, use guards attached to the front of their wheelchairs to pass and score in a highly competitive and dynamic game. Originated in France in the 1970′s, power soccer is currently played… Read more.
Starting in the year 2015, customers of PPL Electric Utilities Corp. may be charged special fees for the utility’s storm-related expenses. The Pennsylvania Public Utility Commission (PUC) granted the Allentown-based utility a storm damage expense rider, in addition of its standard rates. The ruling modified terms and conditions of the fee originally sought by PPL. The new rate, which will allow PPL to charge customers for net annual storm damage costs exceeding $14.7 million, takes effect in January 2015, according to a PUC order issued Thursday. PPL filed the proposal in March 2013, three months after the PUC directed the… Read more.
As electricity costs continue to ride in Indiana, the state has begun to discuss the potential of deregulation. Gov. Mike Pence is crafting an energy policy that is due this summer. Policymakers say the idea is only a topic of discussion right now, but the fact that the state is even considering allowing consumers to choose their energy supplier signals just how concerned Indiana leaders are about losing their edge when attracting businesses. “The willingness to have even the level of conversation we’ve had so far really speaks to the understanding of how serious of an issue it is that… Read more.
Constellation Energy Resources LLC has announced that it has signed an agreement with the city of Los Angeles to design, build and operate a 27-megawatt (MW) renewable energy power plant at L.A. Sanitation’s Hyperion Treatment Plant. Hyperion is among the 10 largest wastewater treatment facilities in the world, according to a 2012 Engineering News Record report. The treatment process at Hyperion generates a class 1 renewable fuel known as digester gas. The new power plant, which will cost approximately $130 million to construct, will use the digester gas produced at Hyperion as its primary fuel source. The power plant will produce steam and electricity that… Read more.
ConEdison Solutions signed a $56 million contract with the U.S. Army Reserve’s 99th Regional Support Command to provide more energy efficient solutions to 90 U.S. Army sites in 11 states. The Valhalla-based company is a subsidiary of the New York City-based utility giant Consolidated Edison Inc. ConEdison Solutions, a national energy service company, qualified for the contract through the U.S. Department of Energy’s Savings Performance Contract (ESPC) program. According to federal officials, the Energy Department’s ESPC program is designed to save energy, reduce federal energy costs, cut greenhouse gas emissions, bring more cutting-edge technologies to use, strengthen national security and… Read more.
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