By: City News Service |
The manager of the state’s power grid extended a statewide Flex Alert though today, urging residents to conserve energy in response to high temperatures, power plant outages and reductions in transmission-line capacity.
The alert by the California Independent System Operator asks residents to cut back their power use, especially during […]
By: Darren Fishell |
When homeowners with rooftop solar panels generate more electricity than they need, they can sell that excess power back to the utility company.
That has made installing solar power affordable for many Mainers. But other customers are footing part of the bill for those payments, and with solar power growing in […]
A heat wave and thunderstorms Monday caused wholesale electricity prices in New York City to spike 1,000 percent.
The per-megawatt-hour price rose from under $50 to more than $1,042, according to Bloomberg Business.
The sharp increase was caused by concern that storms would create a grid outage, leaving New York’s […]
The operator of California’s electricity grid issued a call for energy conservation Wednesday and Thursday to cope with a blistering heat wave.
With temperatures soaring past 100 degrees, the California Independent System Operator issued back-to-back “flex alerts” that urged residents and businesses to ease off on electricity use. The ISO […]
By: Jim Moore |
Short-Term Price Benchmark Trends
The ERC average national benchmark price for retail electricity dropped dramatically last week by more than one percent (1.09%) to $0.0747 per kilowatt hour. The largest price decline was again in Texas (-2.15%), followed by New York (-1.97%), and Connecticut (-1.50%). In fact, […]
By: Laura Nightengale |
Rising temps and utility rates have some consumers in central Illinois feeling the heat during the time of year when electricity use is as its peak.
Consumers have taken to social media, most notably to Ameren Illinois’s Facebook page, voicing outrage about what they claimed are steep and unexpected increases. But […]