Georgia Power Company seeks to reduce fuel rates by about 16 percent, driven primarily by projected decreases in natural gas prices, according to a March 9 filing with the Georgia Public Service Commission. The change would lower monthly residential bills by 4 percent or $5 for a customer using 1,000 kilowatt-hours per month, beginning June…...
The Indiana Utility Regulatory Commission on March 4 approved Indianapolis Power & Light Company’s seven-year grid modernization plan, which proposes an investment of $1.2 billion to replace or upgrade the company’s aging transmission and distribution system assets. The plan will provide new technology, equipment, and systems including a self-healing grid that allows the company to…...
Mitsubishi Hitachi Power Systems on March 10 announced a contract with Utah’s Intermountain Power Agency for the first advanced class gas turbines designed to facilitate the transition of a power plant in central Utah from coal, to natural gas and ultimately to renewable hydrogen fuel. The transition will begin in 2025, with a fuel mix…...
Indiana lawmakers approved legislation on March 10 that requires utilities to provide at least three years advance notice to the Indiana Utilities Regulatory Commission before retiring a legacy generation resource. A public utility may not retire otherwise transfer the ownership of a reliable capacity resource before May 2021 without receiving regulatory approval. The measure comes…...
