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Last Updated: 11/19/2020

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Why Connecticut has the highest electricity rates in the lower 48

Connecticut consistently has some of the highest - if not the highest - electricity rates in the Continental US. Some residents pay 17,18,19 and even 20 cents per kilowatt hour compared to the US average of about 12 cents per ...

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Texas Heat Forces Electric Grid Operators to Declare Emergency as Prices Soar

As temperatures in Texas climbed above 103 degrees Fahrenheit, the Electric Reliability Council of Texas issued an emergency alert, asking all power plants to generate as much electricity as possible and for Texas residents to conserve. The Texas electricity grid narrowly avoided ...

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NRG Energy Completes $300 Million Purchase of Stream Energy

Houston-based utility NRG Energy has completed its $300 million all-cash acquisition of Stream Energy’s retail electricity and natural gas businesses. The deal, announced in May, will add more than 600,000 customer equivalents to NRG’s total. The impact could also add about $65 ...

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NYSEG Seeks Huge Electricity Rate Increase

The New York State Electric & Gas Corporation (NYSEG) is seeking a 23.7% increase in electricity rates from the New York State Public Service Commission (PSC). The request was filed in May and now the PSC is seeking comments from ...

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Tesla’s “Virtual Power Plant” Reaches Phase 3 and has Reduced Electricity Rates by 20% in Australia

When most people think of Tesla, they think of their state-of-the-art electric cars. But, the company does much more than just make head-turning vehicles. Recently, Tesla began to develop a "virtual power plant" in Australia which was composed of 100 ...

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Consumers in deregulated electricity markets saved $300B over the past decade, report says

There has been a lot of discussion on whether deregulated states are really benefiting from price competition. There have also been discussions to move some deregulated states back to being regulated as provider scams and complaints increase. It's true, electricity ...

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New Data Shows Massachusetts Consumers Are Seeing the Benefits of the State’s Retail Electric Supply Industry

New research shows Massachusetts residential energy customers are seeing the benefits of the state’s competitive retail energy market – receiving greater savings options and increased customer service and value. The Retail Energy Supply Association (RESA), the nation’s leading trade association ...

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New York Residents Are Prepared to Fight Con Edison’s Proposed Rate Increase

New Yorkers are voicing their frustrations about a proposed electricity and gas rate increase by Con Edison. The utility, who serves 1.1 million residents and businesses in New York, wants to add $485 million in electricity and $210 million in natural ...

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Do you know what you are paying for? A breakdown of your electricity bill

For most of us, an electricity bill comes from our utility each month and we pay the balance without thinking twice about it. But, if you think you are just paying for the electricity you used that month - think ...

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PEPCO’s Proposed Transition to 100% Renewable Energy for D.C.

Washington D.C. has some of the loftiest renewable energy goals in the nation. Recently, the city's mayor signed the Clean Energy D.C. Omnibus Act of 2018 to transition the entire city to renewable energy by 2032 which put D.C. as ...

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