Public Service Commission

HOPE GAS CONTINUES TO INVEST IN WEST VIRGINIA WITH AGREEMENT TO PURCHASE CONSUMERS GAS UTILITY COMPANY

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星期二, 五月 7, 2024
Sale, Natural gas, Hope, Dominion Energy, Partnership, Public Service Commission, Acquisition, Mountain, Economic development, Natural Resources, Ullico, Oil

Morgantown, WV, May 07, 2024 (GLOBE NEWSWIRE) -- Hope Gas (Hope) today announces an agreement to purchase Consumers Gas Utility Company in West Virginia.

Key Points: 
  • Morgantown, WV, May 07, 2024 (GLOBE NEWSWIRE) -- Hope Gas (Hope) today announces an agreement to purchase Consumers Gas Utility Company in West Virginia.
  • This agreement marks the sixth acquisition transaction by Hope Gas in West Virginia in just over one year.
  • The company has previously acquired Equitrans Gathering, Hometown Gas, Peoples Gas WV and Southern Public Gas Company.
  • “Hope Gas has proudly served West Virginia homes and businesses for 125 years,” said Morgan O’Brien, CEO of Hope Gas.

ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action’ Strategy

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星期一, 五月 6, 2024
Professional Services, Other Energy, Utilities, Alternative Energy, Energy, Finance, Slate, Sale, Organization, Workforce, Global Infrastructure Partners, Minnesota Public Utilities Commission, Investment, Safety, CPP, Federal Energy Regulatory Commission, Partnership, FERC, SWL, Carbon, Growth, Wind, Culture, Public Service Commission, Family, Utility, Light, Acquisition, Community, GIP, CPP Investment Board, Renewable energy

ALLETE is a leading energy company and provider of safe, reliable, and competitively priced energy with a national footprint.

Key Points: 
  • ALLETE is a leading energy company and provider of safe, reliable, and competitively priced energy with a national footprint.
  • CPP Investments and GIP are premier, well-resourced infrastructure investors at a global scale with deep industry expertise and long-term outlooks.
  • Together, they bring over four decades of experience investing in large-scale infrastructure businesses across sectors to support sustainable, long-term growth.
  • In light of the announced transaction with CPP Investments and GIP, ALLETE will be cancelling its scheduled earnings conference call.

Alliant Energy Announces First Quarter 2024 Results

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星期四, 五月 2, 2024
Energy, Utilities, Oil, Gas, Alliant Energy, International, Investment, Webcast, Average revenue per user, Internal Revenue Service, Public Service Commission, Alliant, EPS, ATC, Temperature, GAAP, WPL, Interest, Cryptocurrency

WPL recognized a $0.11 per share increase in the first quarter of 2024 due to higher revenue requirements from increasing rate base, including investments in solar generation and battery storage.

Key Points: 
  • WPL recognized a $0.11 per share increase in the first quarter of 2024 due to higher revenue requirements from increasing rate base, including investments in solar generation and battery storage.
  • Alliant Energy is reaffirming its consolidated EPS guidance for 2024 of $2.99 - $3.13.
  • A conference call to review the first quarter 2024 results is scheduled for Friday, May 3, 2024 at 9 a.m. central time.
  • In conjunction with the information in this earnings announcement and the conference call, Alliant Energy posted supplemental materials on its website.

Hurricane Preparedness Week: PSEG Long Island Announces Climate Change Resilience Plan

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星期五, 五月 3, 2024
LIPA, Climate change, Weather, State, CCRP, Climate, Partnership, Columbia University, Assume Form, Long Island Power Authority, Atlantic Ocean, Federal Emergency Management Agency, Rest, Emergency, Wind, Public Service Commission, Tablet, CAC, National Hurricane Preparedness Week, Public service law, NYPA, PEG, CCVS, Mobile phone

UNIONDALE, N.Y., May 3, 2024 /PRNewswire/ -- PSEG Long Island has spent the last decade preparing the utility and the electric grid for hurricanes and other extreme weather. On National Hurricane Preparedness Week, May 5-11, the company announced it is also developing a proactive Climate Change Resilience Plan in partnership with the Long Island Power Authority (LIPA) to address changes in weather patterns projected to occur over the coming decades.

Key Points: 
  • On National Hurricane Preparedness Week, May 5-11, the company announced it is also developing a proactive Climate Change Resilience Plan in partnership with the Long Island Power Authority (LIPA) to address changes in weather patterns projected to occur over the coming decades.
  • PSEG Long Island is also pleased to announce that the findings of its recent Climate Change Vulnerability Study are shaping an in-depth Climate Change Resilience Plan to be published by PSEG Long Island and LIPA later this year.
  • PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a long-term contract.
  • PSEG Long Island is a subsidiary of Public Service Enterprise Group Inc. (PSEG) (NYSE:PEG), a publicly traded diversified energy company.

CPower Brings Customer Flexibility to New York's First-in-the-Country Distributed Energy Resource Integration Program

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星期一, 四月 29, 2024
NYISO, NYSO, Empire State, Federal Energy Regulatory Commission, VPP, FERC, DER, Future, Public Service Commission, Grid, Electric power

BALTIMORE, April 29, 2024 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national distributed energy resource (DER) monetization and virtual power plant (VPP) provider, today announced that it is the first registered aggregator for the country's first program to integrate aggregations of DERs into wholesale markets, the DER and Aggregation Participation Model program offered by the New York Independent System Operator (NYISO), the state's grid operator.

Key Points: 
  • This landmark program allows DERs to be aggregated as VPPs to provide both wholesale services to the grid operator and retail services to utilities and load servers simultaneously.
  • The study will also identify near-term actions likely to increase the deployment and use of flexible resources and the improved integration of flexible resources into grid planning and grid operations.
  • CPower will be participating in the Grid of the Future process to further unlock additional opportunities for its customers.
  • Customers interested in earning grid services revenue and reducing energy costs by helping NYSO improve grid flexibility can contact CPower to learn more: cpowerenergy.com/contact/ .

MGE Seeks to Expand Popular Community Solar Program for Residential and Small Business Electric Customers

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星期三, 四月 3, 2024
Alternative Energy, Energy, Utilities, Environment, Electricity, Solar energy, Gas, Small business, Madison Gas and Electric, Carbon, MGE, Public Service Commission, Renewable energy

Madison Gas and Electric (MGE) is asking the Public Service Commission of Wisconsin to approve a new community solar program largely based on Shared Solar, MGE's original and fully subscribed community solar program.

Key Points: 
  • Madison Gas and Electric (MGE) is asking the Public Service Commission of Wisconsin to approve a new community solar program largely based on Shared Solar, MGE's original and fully subscribed community solar program.
  • Under Shared Solar II, customers who may not own their residence or who do not want to install rooftop solar could receive additional solar energy from MGE.
  • "Shared Solar II builds on the success of our popular community solar program and provides our customers with another option for affordable, locally generated, carbon-free energy while also reducing costs for nonparticipating customers.
  • Strix Solar, a six-megawatt (MW) solar array being built in Fitchburg, would serve the Shared Solar II program.

Duke Energy Progress looks to add solar power in eastern South Carolina as part of diverse plan to support booming growth

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星期五, 三月 22, 2024
Electricity, United States Census Bureau, Nuclear, Natural gas, Duke Energy, Palmetto, Carbon accounting, News, Carbon, Investment, South, Hydrogen, Weather, Multimedia, Public Service Commission, Population growth, Renewable energy

The facility will provide fuel-free power to meet the growing needs of the Pee Dee region of South Carolina.

Key Points: 
  • The facility will provide fuel-free power to meet the growing needs of the Pee Dee region of South Carolina.
  • From population growth to the expansion of manufacturing and other major economic development wins, South Carolina is booming.
  • "This diverse mix will help Duke Energy meet customer expectations for cleaner energy while also reliably powering communities across the state."
  • Duke Energy Progress, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 1.7 million residential, commercial and industrial customers across a 29,000-square-mile service area in North Carolina and South Carolina.

Construction is Underway on Second Utility-Grade Solar Site in West Virginia

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星期二, 三月 19, 2024
FirstEnergy, Electricity, Solar energy, Solar Energy Industries Association, Economic development, FE, Safety, Coal, Multimedia, Rivesville, West Virginia, Public Service Commission, Renewable energy

FAIRMONT, W.Va., March 19, 2024 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiaries Mon Power and Potomac Edison have begun construction on their second utility-grade solar site in West Virginia to help meet the state's energy needs and further encourage economic growth.

Key Points: 
  • The Rivesville solar site in Marion County will be situated along Morgan Ridge Road on approximately 27 acres.
  • One MW of solar energy powers a national average of 173 homes, according to the Solar Energy Industries Association.
  • The Rivesville solar site is the second of the companies' five planned solar sites in West Virginia.
  • The Rivesville solar site is being constructed by local union workers, just like the Fort Martin site .

Retail Energy Supply Association Announces Serious Consequences of Maryland’s Senate Bill 1/House Bill 267

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星期三, 三月 6, 2024
State, Local, Public Policy, Other Energy, Nuclear, Utilities, Oil, Gas, Coal, Alternative Energy, Government, Advocacy Group Opinion, Energy, RESA, PSC, IGS Energy, APG, Marylanders, Administration, SB1, Legislation, Public Service Commission, Senate, Energy Information Administration, Environment

The Retail Energy Supply Association (RESA), the nation’s leading trade association representing competitive retail energy suppliers, announces its concern about the serious implications Senate Bill 1/House Bill 267 (SB1) will have for Maryland consumers, businesses, and workers should it become law.

Key Points: 
  • The Retail Energy Supply Association (RESA), the nation’s leading trade association representing competitive retail energy suppliers, announces its concern about the serious implications Senate Bill 1/House Bill 267 (SB1) will have for Maryland consumers, businesses, and workers should it become law.
  • Brian Crosby with the promise to protect constituents in the State of Maryland from paying high energy prices.
  • “While this bill has been touted as a consumer protection bill, it is just the opposite.
  • Today, more than 500,000 Marylanders, including nearly 15% of residential energy consumers, choose to purchase their energy from a competitive electric or gas supplier.

West Virginia American Water Receives Base Rate and Surcharge Orders from Public Service Commission of West Virginia

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星期一, 三月 4, 2024
Energy, Other Energy, Utilities, Human services, American Water, PSC, Investment, Water, Water quality, American Water Works, Public Service Commission, WSIC, Health insurance

The Public Service Commission of West Virginia (PSC) issued an order late Friday, February 23 approving adjusted water and wastewater rates for West Virginia American Water customers following the company’s May 2023 request for a rate adjustment.

Key Points: 
  • The Public Service Commission of West Virginia (PSC) issued an order late Friday, February 23 approving adjusted water and wastewater rates for West Virginia American Water customers following the company’s May 2023 request for a rate adjustment.
  • The new base rates are effective as of February 25, 2024, and follow a 300-day statutory review of the company’s rate request.
  • “West Virginia American Water is committed to making needed infrastructure improvements across our service areas so we can continue to comply with water quality and environmental regulations and meet customers’ water and wastewater service needs,” said Robert Burton, president, West Virginia American Water.
  • West Virginia American Water also wants to remind its customers about several targeted customer assistance programs.