The New York Public Service Commission on Jan. 16 adopted a three-year rate plan for Consolidated Edison Company of New York Inc., allowing the utility to increase electric and gas rates annually through 2022. The agency authorized a first-year electric revenue increase of about $113 million, or 3.1 percent, down from the original request of…
DetailsDemocratic Governor Gina Raimondo signed an executive order on Jan. 17 setting a goal for the state to source all of its electricity from renewable resources by the end of 2030. The order directs the state’s Office of Energy Resources to conduct an economic and energy market analysis and develop policies and programs to attain…
DetailsAbout 42 gigawatts of new power generating capacity is expected to come online in 2020, with solar and wind accounting for almost 32 gigawatts of the capacity, according to a Jan. 14 report from the U.S. Energy Information Administration. Wind represents the largest share at 44 percent, followed by solar at 32 percent and natural…
DetailsThe U.S. Energy Department revised its current rulemaking method for considering new or modified energy efficiency standards for consumer appliances and some industrial equipment, according to a Jan. 15 news release. The rule, which updates a procedure that was developed in 1996, defines a significant energy savings threshold that must be met before the agency…
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