Democratic Governor Phil Murphy signed legislation on Jan. 17 that sets a goal of having 2 million light duty plug-in electric vehicles in the state by 2035 and requires at least 85 percent of new light duty vehicles sold or leased to be electric by 2040. The legislation creates an incentive program to provide at…
DetailsThe California Public Utilities Commission on Jan. 16 approved $830 million in new funding for the Self-Generation Incentive Program, or SGIP, prioritizing energy storage projects for communities most impacted by utilities’ public safety power shutoff events to avoid the risk of power lines starting wildfires. When added to unspent funds from previous years, the decision…
DetailsThe New York Public Service Commission on Jan. 16 issued an order authorizing the state’s Energy Research and Development Authority to offer an index renewable energy credit price option in addition to the traditional fixed-price in future solicitations for long-term renewable energy contracts. The new pricing structure, expected to reduce risks for developers and lower…
DetailsThe New York Public Service Commission on Jan. 16 adopted a three-year rate plan for Consolidated Edison Company of New York Inc., allowing the utility to increase electric and gas rates annually through 2022. The agency authorized a first-year electric revenue increase of about $113 million, or 3.1 percent, down from the original request of…
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