FERC Conditionally Approves $4.3 Billion Sale of El Paso Electric Company

The Federal Energy Regulatory Commission on March 30 authorized the acquisition of El Paso Electric Company by an investment vehicle advised by J.P. Morgan Investment Management Inc., subject to approval of mitigation measures to address potential adverse effects on competition. This is the final regulatory approval required to consummate the transaction. The proposed sale has...

Connecticut Regulators Examine Energy Affordability for Commercial, Industrial Customers

The Connecticut Public Utilities Regulatory Authority on March 31 issued a draft solicitation inviting proposals for public forums to consider energy affordability and equity for the state’s commercial and industrial customers. Last October, the agency opened an investigation into the topic of energy affordability for all customer classes following the approval of a framework for...

Missouri Regulators Approve $32 Million Decrease in Ameren’s Electric Revenues

The Missouri Public Service Commission approved an agreement reducing Ameren Missouri’s revenues for electric service by $32 million, starting April 1, according to a March 23 news release. The change will lower residential electric rates by about 1.15 percent. Ameren’s previous rate decrease in 2018 resulted in a six percent rate cut as part of…

Washington Utilities Denied Recovery of $15 Million Related to Colstrip’s 2018 Outage

The Washington Utilities and Transportation Commission on March 20 rejected a request by Avista Corp., PacifiCorp, and Puget Sound Energy to recover $15.4 million in replacement power costs associated with the 2018 outage of the Colstrip coal-fired power plant in Montana. The commission found that the companies failed to prove that the costs for obtaining…...

PG&E Moves Closer to Exit Bankruptcy, Qualify for California Wildfire Fund

Pacific Gas and Electric Company announced new commitments that resolve California Governor Gavin Newsom’s concerns about the utility’s reorganization to emerge from Chapter 11 bankruptcy, according to a March 20 press release. The commitments, concerning governance, operations, and financial structure, are designed to exit bankruptcy in a timely manner and participate in the state’s wildfire…...

EnerKnol’s State Policy Playbook: Virginia Joins Top Tier of U.S. States Advancing Climate Action

Virginia has become the first state in the South to begin a clean energy transition with the passage of a sweeping energy bill that sets the state on the path to carbon-free power by 2050. The law replaces the voluntary renewable energy portfolio program with a mandatory standard, and paves the way for an enormous expansion of wind and solar power, energy storage, and energy efficiency.

Georgia Power’s Fuel Rate Changes Expected to Reduce Annual Billings by $329 Million

Georgia Power Company seeks to reduce fuel rates by about 16 percent, driven primarily by projected decreases in natural gas prices, according to a March 9 filing with the Georgia Public Service Commission.  The change would lower monthly residential bills by 4 percent or $5 for a customer using 1,000 kilowatt-hours per month, beginning June…...

PG&E Faces Record $2.14 Billion Fine Over California Wildfires

The California Public Utilities Commission on Feb. 27 proposed a fine of nearly $2.14 billion on Pacific Gas and Electric Company shareholders for the utility’s role in causing the catastrophic wildfires in its service territory in 2017 and 2018. The record penalty, imposed in an administrative law judge’s decision, is an increase of about $462…

Pennsylvania Improves Customer Protections, Price Transparency in Retail Power Market

The Pennsylvania Public Utilities Commission on Feb. 27 adopted reforms to enhance rules related to customer information disclosure and pricing practices for retail electricity service. The revisions are intended to provide customers with accurate, timely pricing information when they are shopping for electric service from competitive suppliers. The rule changes ban termination fees in the final…

EnerKnol’s Visual Primer – Time-Varying Rates Gain Prominence as Smart Metering and Renewables Expand

Electric utilities and regulators across the U.S are increasingly considering time-varying rates as a means to reduce peak energy demand, utilize smart meter investments, and balance the grid amid the proliferation of distributed energy resources, including electric vehicles. Rate design that works in concert with the innovations in clean energy technology is critical to modernize the distribution grid.

PacifiCorp Requests $70 Million Rate Hike for Electric Service in Oregon

PacifiCorp filed a general rate revision with the Oregon Public Utilities Commission, seeking an increase of about $78 million for its electric services and recovery of about $17.3 million related to the early closure of Unit 4 of the 395-megawatt Cholla coal power plant, according to a Feb. 14 filing.  The company’s proposal to amortize…

Arizona Corporation Commissioners Propose Retail Electric Competition Rules

Arizona corporate commissioners on Feb. 10 issued two sets of draft rules, paving the way for customers to participate in retail electric competition. The first draft would allow electric choice for all customers, while second would include eligibility restrictions. Following the initial draft issued last July, the Corporation Commission Chairman Robert Burns and Commissioner Justin…