The Massachusetts Department of Public Utilities issued an order on Feb. 1 clarifying ownership of capacity and energy rights of facilities under net metering and Solar Massachusetts Renewable Target, or SMART, programs participating in the ISO New England Inc.’s forward capacity market. The order allows owners of storage-paired facilities to retain their energy or capacity…...
Interstate Power and Light Projects Glut of Renewable Energy Credits in Iowa Over Decade Amid Surging Wind Power
Interstate Power and Light Company anticipates that over the next decade it will have a surplus of renewable energy credits to the tune of between 1.5 million to 5.5 million per year, relative to Iowa’s current renewable energy requirements, according to a Jan. 31 filing by the Minnesota Public Utilities Commission. Interstate Power and Light…Details
Delaware regulators are scheduled to review on March 5th an application by Delmarva Power and Light Co., a unit of Exelon Corp., to secure a decade-long contract for renewable energy credits, according to a Jan. 31 order by the Public Service Commission. On December 21, 2018, Delmarva filed an application with the Delaware Public Service Commission…Details
The Delaware Public Service Commission on Jan. 31 approved additional rate cuts for the state’s regulated utilities to account for over-collection associated with the federal tax reforms that slashed corporate income tax rates to 21 percent from 35 percent, effective Jan. 1, 2018. Overall rate reductions to regulated utilities to flow back excess taxes to…Details