Alaska Coop Becomes “Self-Generating”
Posted on May 11, 2015 in Grid & Infrastructure, Project Development, Rates | Comments Off on Alaska Coop Becomes “Self-Generating”
Palmer, Alaska-based Matanuska Electric Association became “self-generating” on May 1 when its new 171-megawatt, gas-fired Eklutna Generating Station came online. Click here for more information.
Indiana Levels the Playing Field for Electric Utilities
Posted on May 7, 2015 in Legislative & Politics, Regulation & Policy | Comments Off on Indiana Levels the Playing Field for Electric Utilities
Indiana Governor Mike Pence recently signed Indiana’s electric service territory legislation. The legislation, which goes into effect later this month, will stop municipal electric utilities from seizing territory from both electric cooperatives and investor-owned utilities. Before now, municipal electric utilities had the power to expand by seizing territory from other utilities,...
Energy Information Administration Predicts Slowing Demand and Rising Prices for Electricity
Posted on May 4, 2015 in Rates | Comments Off on Energy Information Administration Predicts Slowing Demand and Rising Prices for Electricity
The Energy Information Administration (EIA) forecasts U.S. demand for electricity to slow because of new energy-efficiency standards and costs to increase because new regulations will require additional equipment to replace retired power plants, leading to a predicted 18 percent increase in the average cost of electricity between 2013 and 2040. Read more about the EIA forecast...
Minnesota Public Utilities Commission Approves Cooperatives’ Acquisition of Interstate Power & Light
Posted on May 4, 2015 in Mergers/Acquisitions, Rates | Comments Off on Minnesota Public Utilities Commission Approves Cooperatives’ Acquisition of Interstate Power & Light
On April 30, 2015 the Minnesota Public Utilities Commission (MPUC) approved the sale of Interstate Power & Light (IPL), a privately-owned utility, to 12 cooperative utilities for $112 million. Most of the coops have higher electric rates than IPL, so the acquisition will mean higher prices for the 43,000 IPL customers, but the MPUC will monitor a plan that bars any increase in...
Subscribe
