The Illinois Commerce Commission approved Commonwealth Edison Company’s four-year residential rate pilot designed to incentivize participants to shift their energy use from peak periods to times when energy and capacity costs are lower, according to an Oct. 9 news release. The initiative is also intended to encourage electric vehicle charging during off peak periods, so…Details
The New Hampshire Public Utilities Commission has approved Unitil Energy Systems, Inc.’s request to recover the costs of power supply through a bump in rates of about 10.3 cents per kilowatt-hour, according to the Oct. 4 order. The average monthly bills for small residential customers taking energy service from Unitil will increase by about 15.5 percent…Details
Indexing REC Pricing Against Market Prices Will Lower Costs of Renewable Projects: Clean Energy Groups
Directing future Tier 1 renewable energy credit, or REC, procurements under New York’s Clean Energy Standard to include pricing that is indexed against wholesale market prices will result in lower and less volatile costs to consumers, according to an Oct. 2 filing by the American Wind Energy Association, Alliance for Clean Energy New York, and…Details
The New Hampshire Public Utility Commission issued a second order on Oct. 2 demanding that retail power supplier Agera Energy LLC make alternative compliance payments totalling over $2.2 million to satisfy compliance with the state’s 2018 renewable portfolio standards. Agera, which filed for bankruptcy with a federal bankruptcy court in New York on Oct. 4th,…...