State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to…Read the full report…...
State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to Maryland implementing reforms to market rules.
Residential energy costs for household heating with propane and natural gas for the current winter have increased compared to the previous winter, according to an Feb. 20 report published by the U.S. Energy Information Administration. The agency projects retail energy costs to be 10 percent higher than last winter. The agency in their Winter Fuels…...
The Texas Public Utility Commission Feb. 13 approved a new rule establishing a new program titled “Texas Energy Fund (TEF) Outside of Electric Reliability Council of Texas (ERCOT) Grant Program,” to provide grants to utilities and generators outside of the ERCOT region. Grants made available through this program will support modernization, reliability, resiliency, weatherization, and…...
President Donald Trump on Feb. 14 signed an executive order establishing a council to guide the U.S. towards energy dominance. The National Energy Dominance Council is tasked with providing advice on how best to exercise the President’s authority to increase domestic energy production, including recommending a strategy with long-range goals for achieving energy dominance by…...
The New Jersey Board of Public Utilities on Feb. 12 announced the results of the annual electricity auction for Basic Generation Service, indicating higher costs for electricity supplied to most residents and small and/or medium-sized businesses by the state’s four regulated electric distribution companies. The auction results show that the average electric ratepayer could see…...
The Michigan Public Service Commission on Feb. 11 initiated its annual review of the funding factor for the state’s low-income energy assistance program. This marks the first assessment since the program’s significant expansion, which increased the number of households that qualify for energy assistance and self-sufficiency services. The commission proposed increasing the funding factor for…...
The Florida Public Service Commission on Feb. 4 approved the demand-side management plan of Peoples Gas System to incentivize residential and commercial customers to reduce gas consumption and utilize energy-efficient technology. The plan is designed to meet the utility’s cumulative savings goal of 8.0 million therms for the 2025-2034 period and is estimated to cost…...
U.S. Interior Secretary Doug Bergum on Feb. 3 signed orders to implement President Donald Trump’s executive orders including declaring a national energy emergency, revoking offshore oil and gas drilling bans, and advancing a deregulatory agenda to reduce red tape. Order 3417, “Addressing the National Energy Emergency,” directs the department to undertake two actions to address…...
U.S. wholesale power prices are forecast to average marginally higher during 2025 in the majority of the U.S. regions compared to 2024, except in the Northwest and Texas, according to an Jan. 27 report published by the U.S. Energy Information Administration. The agency projects wholesale prices to average $40 per megawatthour (MWh) during 2025, up…...
