Southern California Gas Company will pay $119.5 million to compensate for the methane emissions from a major gas leak at the Aliso Canyon storage facility in October 2015, according to a Feb. 25 press release from the California Air Resources Board. The settlement, approved by the Los Angeles Superior Court, will fully mitigate the 109,000 metric…
DetailsThe New Jersey Board of Public Utilities will consider changes to the solar renewable portfolio standard at its Feb. 27 meeting. The board issued a straw proposal last December to phase out the current Solar Renewable Energy Certificate, or SREC, Program following legislation enacted in May 2018, which closes the program when 5.1 percent of…...
The Connecticut Light and Power Company submitted its final procurement plan for the approval of 15-year contracts to purchase class I renewable energy credits from renewable energy projects in the state, totaling $2.83 million per year in contract commitments from low emissions renewable energy projects and $5.6million per year for medium and large zero emission projects. The company’s Year…
DetailsThe Ohio Public Utilities Commission on Feb. 20 approved rate reductions for Duke Energy’s electric customers to account for the federal tax law, which slashed the corporate income tax rate to 21 percent from 35 percent, effective Jan. 1, 2018. Customers will see a $2.13 decrease in their monthly bills. The company will refund $8.1 million…...
