New England Capacity Auction Prices Rebound from Record Lows

Maine’s Standard Offer Electric Rates to Decline by up to 23 Percent Next Year, Reflecting Wholesale Market Prices

The Maine Public Utilities Commission established new standard offer electricity prices that will lower rates for customers of Central Maine Power Company and Emera Maine, effective for a twelve-month term beginning January 1, according to a Nov. 13 press release. Residential and small businesses will see a 19-20 percent cut in their bills while medium…

California Adopts New Standard Contracts for Small Generators Under Federal Power Purchase Law

Ohio Solar REC Prices Slumped As Much As 25 Percent in 2018: Report

The compliance obligations under Ohio’s renewable portfolio standard continue to shift from electric distribution companies to competitive retail suppliers, who were responsible for 78 percent of the requirements, up from 77 percent in the prior year, according to a Nov. 13 draft annual report by the Ohio Public Utilities Commission staff. Electric distribution utilities accounted…

Power Grid 11 14 2019

California Launches Probe of Utility Power Shutoffs, Considers Sanctions Against PG&E

The California Public Utilities Commission opened an investigation to determine whether the state’s investor-owned utilities prioritized safety and followed the commission’s regulations during their proactive power shutoffs in late 2019 to avoid the risk of power lines starting wildfires, according to a Nov. 13 news release. The agency will review the impacts of these events…