Duke Energy Corporation aims to achieve net-zero carbon emissions from electric generation by 2050, and cut emissions by at least 50 percent from 2005 levels by 2030, according to a Sept. 17 press release. The company plans to double its renewable energy portfolio by 2025, and continue deploying low-cost natural gas to speed the transition…
DetailsThe Oklahoma Corporation Commission has approved a settlement agreement with the Oklahoma Gas and Electric Company which had initially requested a $77.6 million dollar increase to its electric rates, according to a September 19 press release. Commission Chairman Todd Hiett praised the agreement as being in the best interest of Oklahoma and achieving more than simply low-cost electricity. The commission’s…
DetailsThe Missouri Public Service Commission has approved a request by Liberty Utilities to change natural gas rates based on weather variations, according to a September 19 press release. Midstates Natural Gas Corp., a subsidiary of Liberty Utilities, requested adjustments to its natural gas rates under the weather normalization adjustment rider, which projects anticipated gas usage changes due…
DetailsThe Public Service Commission of the District of Columbia is scheduled to discuss a framework for evaluating alternative ratemaking proposals following a request by Potomac Electric Power Company to boost its electric rates, according to a September 18 notice. In May, Pepco filed an application to increase rates for its electric distribution service in the…
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