NorthWestern to Pass $3 Million in Federal Tax Cut Savings to South Dakota Customers, Agrees to Two-Year Rate Freeze

NorthWestern to Pass $3 Million in Federal Tax Cut Savings to South Dakota Customers, Agrees to Two-Year Rate Freeze

EnerKnol Impacts, EnerKnol Pulse, Retail Power and Gas

The South Dakota Public Utilities Commission approved a settlement allowing NorthWestern Energy to refund $3 million in savings resulting from the federal tax reform that slashed the federal income tax rate to 21 percent from 35 percent effective Jan. 1., according to a Sept. 18 press release. The company agreed to a rate moratorium to…

National Grid Unveils 'Power Sector Transformation' Grid Investment Plan, Rate Hikes

National Grid Unveils ‘Power Sector Transformation’ Grid Investment Plan, Rate Hikes

Electric Vehicles, Energy Storage, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, Retail Power and Gas

A unit of National Grid plc filed a plan to invest in renewable generation, electric vehicle infrastructure and energy storage, as well as hike rates to cover the cost of the initiatives, as the utility looks to adapt its system to emerging technologies and cut emissions of greenhouse gases. To pay for the program, National…