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…...
The volatile situation created by the COVID-19 spread has prompted state utility commissions to respond with new directives and guidance on a number of proceedings. Regulators have responded with various measures, including suspending service disconnections, transitioning to virtual meetings, and delaying rate cases.
Democratic Governor Ralph Northam on April 6 signed legislation that requires utilities seeking to recover the cost of a natural gas capacity contract to prove that they need the fuel capacity to maintain reliable service and that it is the lowest-cost available option. The law requires utilities to first demonstrate that they cannot maintain reliable…...
The Washington Utilities and Transportation Commission on April 10 approved a proposal by Puget Sound Energy to use $11 million of the previous years’ unspent funds from the company’s Home Energy Lifeline Program to aid customers in need without affecting current programs or increasing rates. The agency also approved temporary changes to Avista Corporation’s Low-Income…
The Illinois Commerce Commission ended a three-year investigation into the possible adoption of a process that would allow non-retail electric suppliers to access the energy usage data of customers, according to an April 2 news release. While acknowledging the potential benefits of data sharing via grid modernization, the commission pointed to concerns that the proposal…
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…...
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…...
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…
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…...
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…...
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 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…...