Electric Capacity Markets Are Failing the Northeast

By: Bill Bottiggi |

This week, Boston welcomes the Quadrennial Energy Review roadshow to town for a stakeholder engagement meeting.

The QER process began in January 2014 when President Obama issued a memorandum directing the administration to translate energy-related policy goals into recommended actions through 2018. Season one of the QER, which ran in 2015, […]

Ohio Rate Plan Stabilizing, Says FirstEnergy

By: NuclearStreet.com |

Ohio’s electrical rate deal approved last week by the Public Utilities Commission of Ohio (PUCO) provides for rate stability that will “keep a diverse set of fuel sources available to generate electricity, rather than risking more plant closures,” FirstEnergy Corp. said.

The deal approved Thursday is an eight-year Purchased Power Agreement covering […]

2016-04-08T16:12:41-05:00April 6th, 2016|Ohio Market|

National Grid Electricity Rates To Plummet This Spring

National Grid has good news for its Massachusetts customers: Expect lower electricity bills this spring.

The energy company says that starting May 1, the average residential customer will see a bill that’s roughly 23 percent lower than their current bill, which amounts to about a $25 savings.

After April 30, the price per kilowatt hour will drop […]

2016-04-08T16:06:50-05:00April 5th, 2016|Massachusetts Market|

California’s Growing Imported Electricity Problem

By: Jude Clemente |

California’s SB 350 requires the state to procure 50% of electricity from renewable energy and double energy efficiency savings by 2030. And the U.S. Environmental Protection Agency’s “Clean Power Plan” wants states to “to act more like California.”

Yet, beyond power rates 45% above the U.S. average, California has another problem […]

2016-04-08T15:55:39-05:00April 4th, 2016|California Market|

State panel approves FirstEnergy’s request; company says electric bills will decrease

By: Bob Downing|

Electric bills for FirstEnergy Corp.’s 1.9 million residential customers in northern Ohio were expected to increase if the Public Utilities Commission of Ohio approved a deal to keep two older, high-cost power plants operating.

The Akron company said bills would likely increase by an average of $3.25 a month.

That arrangement was approved […]

2016-04-01T12:31:57-05:00April 1st, 2016|Ohio Market|