The U.S. Department of Agriculture is investing $1.4 billion through its electric loan program that will help build and improve nearly 7,000 miles of line to strengthen reliability in rural areas across 21 states, according to a Nov. 1 news release.The spending includes about $256 million for smart grid technologies that use digital communications to…
DetailsISO New England has issued its 10-year power system strategy for the region laying the foundation for long-term power system planning in New England, according to an Oct. 31 filing. The report details power system needs through 2028, and how these can be addressed, discussing three key issues currently affecting the New England grid, namely…
DetailsThe Virginia State Corporation Commission on Oct. 31 approved Virginia Electric and Power Company’s rate option that allows customers to voluntarily buy renewable energy certificates, or RECs, sourced from a broad range of generation facilities to match all or a portion of their usage. The company proposed to offer the new rate, called “Rider REC,”…
DetailsThe share of U.S. electricity sales by competitive suppliers increased slightly since 2013 following over a decade of steady growth, according to a Nov. 1 report from the U.S. Energy Information Administration. While customer choice programs use competition to lower power prices and introduce new service products, not all customers pay less for purchasing power through…
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