Ohio rejects AEP request to put risk onto customers

By: Jona Ison |

American Electric Power plans to work with the Public Utilities Commission of Ohio to determine what is needed to charge customers a rider in an effort to stabilize consumer prices as well as power plant jobs.

The commission on Wednesday declined a purchase power agreement plan for AEP-controlled Ohio Valley Electric […]

2015-05-07T15:30:39-05:00February 27th, 2015|Ohio Market|

Maine PUC reverses course, will take second look at two wind power deals

By: Ethan Howland |

Pointing to recent changes in the power markets, the Maine Public Utilities Commission decided Wednesday to take a second look at term sheets approved in December for power purchase agreements from two wind farms.

PUC Commissioner David Littell, who voted against the move, said reopening previously approved agreements could keep generators […]

2015-05-07T15:30:39-05:00February 27th, 2015|Maine Market|

Customers complain electric bills are higher than they were told

By: Juliana Mazza |

Most electric customers were expecting a rate increase in western Massachusetts. Although now, many customers say they’re shelling out a lot more than they were told.

Eversource Energy, formerly WMECO, said customers would see their bills to go up about 29%. National grid customers, about 37% percent. However, many of those […]

2015-05-07T15:30:39-05:00February 26th, 2015|Massachusetts Market|

Connecticut consumer advocates, lawmakers eye ban on variable-rate electricity contracts

By: Luther Turmelle |

Consumer advocates and some political leaders say they want to ban third-party electric power suppliers from offering variable-rate contracts to residential customers.

Senate President Martin M. Looney, D-New Haven, said the contracts are “deceptive and unpredictable.” Looney made his comment during a Tuesday press conference held while the legislature’s Energy and […]

2015-05-07T15:30:39-05:00February 25th, 2015|Connecticut Market|

Connecticut lawmakers asked to limit electric charges

By: SUSAN HAIGH |

Connecticut lawmakers are considering legislation that would limit certain charges for electric services paid by residential customers, as well as eliminate variable rate contracts.

The proposals are part of a larger discussion this session about ways to revamp the state’s marketplace for electric services, about 17 years after the General Assembly […]

2015-05-07T15:30:39-05:00February 25th, 2015|Connecticut Market|

A Call for Much Bigger Electricity Markets

By: Max Luke |

In 1996 the U.S. Federal Energy Regulatory Commission (FERC) issued its landmark Orders 888 and 889, creating a framework for competitive wholesale electricity markets.[1] This coincided with the development of independent organizations – so-called “independent system operators” (ISOs) or “regional transmission operators” (RTOs) – that would operate utility-owned transmission networks […]

2015-05-07T15:42:59-05:00February 24th, 2015|National Market|