The Illinois Power Agency on Nov. 26 unveiled a final supplemental funding plan for the “Illinois Solar for All Program” established under the 2016 Future Energy Jobs Act which modernized the state’s renewable portfolio standard to ensure long-term funding sources for purchasing renewable resources. The program is intended to encourage the development of new distributed…
The North Carolina Utilities Commission on Nov. 26 approved Duke Energy Progress LLC’s proposed decrement rate to reflect about $103.88 million in annual revenue impact from the federal tax law that slashed income tax rates to 21 percent from 35 percent effective Jan. 1. The change will offset a rate hike slated to go into…
The Federal Energy Regulatory Commission accepted California Independent System Operator Corporation’s request for a one-year extension of market rule changes to manage natural gas constraints posed by limited operability of the Aliso Canyon storage facility following a major gas leak in October 2015, according to a Nov. 26 order. The facility, operated by Southern California…