Texas, EPA reach agreement on emissions plan

Texas and the U.S. Environmental Protection Agency (EPA) reached an agreement on a clean air plan that has been a part of court battles since 2010.

The Texas Commission on Environmental Quality and the EPA reached a conditional approval of the state’s flexible permit program that will allow some operating flexibility to major sources of emissions, […]

2015-05-07T15:44:20-05:00January 31st, 2014|Texas Market|

NY commission authorizes National Grid to offset electricity hikes with $32M credit

By: AP |

New York’s Public Service Commission has authorized National Grid to provide its customers with a $32 million credit to offset an increase in electric supply costs.

According to the commission, the price surges expected in February because of unusually cold weather would spike bills for upstate New York residential and small business […]

2015-05-07T15:36:23-05:00January 31st, 2014|New York Market|

NJ Board of Public Utilities Wants JCP&L to Roll Back Rates by $200 Million

By: Tom Johnson |

Near-unprecedented decision could cut customer bills by one-third or more

Jersey Central Power & Light should slash rates collected from its more than 1 million customers by a staggering $207.3 million, according to the staff of the New Jersey Board of Public Utilities.

If adopted, the 131-page brief, filed with an administrative […]

2015-05-07T15:36:23-05:00January 31st, 2014|New Jersey Market|

Do more to cut power usage, ICC directs ComEd

By: Steve Daniel |

Commonwealth Edison Co. must overhaul its three-year plan to reduce electricity consumption to make it more ambitious, the Illinois Commerce Commission ruled yesterday.

ComEd’s blueprint, submitted in August, will fall well short of meeting energy efficiency goals mandated in state law, due mainly to a state-imposed cap on how much ComEd […]

2015-05-07T15:36:23-05:00January 30th, 2014|Illinois Market|

Natural gas plunges 7 percent as cold front ends

By: AP |

Natural gas prices fell sharply Monday as the bitter cold that hit most of the country last week started to dissipate.

Natural gas futures plunged 32 cents, or 7 percent, to $4.67 per thousand cubic feet. The drop comes after natural gas prices hit their highest level since September 2011 on Friday.

Natural […]

2015-05-07T15:36:23-05:00January 28th, 2014|National Market|