The Wisconsin Public Service Commission provided direction on utilities’ accounting mechanism for costs incurred during the ongoing response to the COVID-19 pandemic. The agency seeks to ensure operational and financial stability for regulated utilities while providing for future decisions on cost recovery and protecting consumers from unreasonable rate increases, according to an April 16 press…...
The Michigan Public Service Commission on April 15 granted Consumers Energy Co.’s request for approval of 31 power purchase agreements for 394 megawatts of solar power. The contracts stem from September 2019 settlement between Consumers Energy and numerous developers of proposed solar projects in the company’s interconnection queue, resolving issues under the Public Utility Regulatory…...
Appalachian Power Company filed an application for a triennial review of its electric service rates, seeking an increase of $65 million in its annual revenue requirement, according to an April 13 notice from the Virginia State Corporation Commission. The change represents a five percent hike in overall revenues, and would raise residential rates by about…...