Corporate News: Page 86
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Xcel Colorado rate plan draws ire of solar interests for higher fixed charges
The plan would lower volumetric rates and increase fixed charges, following a utility strategy that's played out across the nation.
By Herman K. Trabish • June 9, 2016 -
Missouri regulatory staff wants oversight of Great Plains-Westar merger
Missouri regulatory staff claim the state should have authority over Great Plains Energy's proposed acquisition Westar Energy, the largest electricity provider in Kansas.
By Robert Walton • June 8, 2016 -
GE Ventures invests in Tesla competitor Sonnen
Investing in Sonnen will help the battery storage developer expand its competitive presence in the United States.
By Peter Maloney • June 7, 2016 -
Deep Dive
APS rate case sparks concern beyond mandatory demand charge proposal
Along with a rate structure overhaul, the Arizona utility also wants to cut net metering credits to its avoided cost rate.
By Herman K. Trabish • June 7, 2016 -
Missouri munis contract for 200 MW of space on proposed Grain Belt Express line
The new off-takers may strengthen the merchant transmission developer’s appeal to state regulators, who denied it the power of eminent domain last year.
By Herman K. Trabish • June 6, 2016 -
Hawaiian Electric: 'Walk away' deadline won't kill NextEra merger deal
The companies face a June 3 deadline to walk away from the deal without a termination fee, but Hawaiian Electric said talks can continue. The Hawaii PUC hopes to have a decision by the end of June.
By Gavin Bade, Herman Trabish • June 3, 2016 -
Deep Dive
The corporate green team: Utilities partner to meet renewables demand from large US firms
The Edison Electric Institute has joined green groups in a partnership to market wind and solar to climate-savvy companies.
By Herman K. Trabish • June 2, 2016 -
Deep Dive
Rate design roundup: demand charges vs. time-based rates
A new RMI report compares the two strategies transforming utility rate designs across the country.
By Herman K. Trabish • June 2, 2016 -
SolarCity launches new rooftop loan product to replace MyPower offering
The new loans will answer a customer demand for shorter terms and fixed payments, an executive said.
By Gavin Bade, Herman Trabish • June 2, 2016 -
Texas regulators delay El Paso Electric request for rate increase, solar surcharge
Texas regulators told El Paso Electric to re-issue their rate increase request, delaying a final decision on their rate case.
By Herman K. Trabish • June 2, 2016 -
Deep Dive
The head of California's ISO is on a mission to regionalize and decarbonize
CAISO CEO Steve Berberich wants help from utilities in bridging California’s borders and moving beyond 50% renewables.
By Herman K. Trabish • June 1, 2016 -
Arizona Public Service pushes residential demand charges in new rate case
The $3.6 billion rate case includes a proposal for three different residential demand charge options, which the utility says will incentivize customers to manage peak usage.
By Herman K. Trabish • June 1, 2016 -
EnerNOC's utility customer engagement business up for sale
The company will focus on its core demand response business, but will reduce its North American workforce up to 5%.
By Robert Walton • June 1, 2016 -
California regulators approve 262 MW Puente natural gas peaker plant for SCE
Despite recent struggles with natural gas in southern California, regulators still see a significant role for the resource.
By Herman K. Trabish • June 1, 2016 -
Tesla sets July 29 as grand opening date for Nevada gigafactory
The factory won't be 100% complete, but that won't stop Tesla from celebrating the opening of the 5.8-million-square-foot battery plant.
By Gavin Bade • May 31, 2016 -
Great Plains Energy to buy rival Kansas utility Westar for $8.6B
The deal would give Great Plains, which owns Kansas City Power & Light, more than 1.5 million customers in Kansas and Missouri and over 13 GW of total generation.
By Gavin Bade • May 31, 2016 -
Bill to reestablish North Carolina coal ash commission heads for conference committee
The coal ash commission was disbanded earlier this year after the state Supreme Court ruled its members were too open to legislative influence.
By Herman K. Trabish • May 31, 2016 -
Puerto Rico utility board approves rate increase to help secure restructured debt
A new securitization charge will help move Puerto Rico’s public utility a step closer to solvency.
By Herman K. Trabish • May 28, 2016 -
Talen Energy will cease operating embattled Colstrip coal plant in 2018
Officials say Talen Energy's exit from operating the coal plant will not have a major impact on its future.
By Krysti Shallenberger • May 26, 2016 -
NextEra's pursuit for Oncor dims future of Hawaiian Electric merger
NextEra Energy's proposed acquisition of Hawaiian Electric Industries could take a back seat to a renewed bid for Texas utility giant Oncor.
By Robert Walton • May 25, 2016 -
Utility fund backs big data company AutoGrid in VC round
AutoGrid raises $20 million to deploy software designed to enable a variety of distributed resources.
By Peter Maloney • May 24, 2016 -
Deep Dive
The U.S. needs more transmission. One Midwest project could provide a collaborative model.
A new report outlines how 11 utilities leaped big hurdles to build the 800-mile CapX2020 project.
By Herman K. Trabish • May 23, 2016 -
Arizona begins hearings on co-op plan for higher fixed charges, lower net metering rates
The Sulphur Springs Valley Electric Cooperative rate case request includes a special charge to rooftop solar customers and a cut in net metering rates.
By Herman K. Trabish • May 23, 2016 -
Las Vegas casino set to exit Nevada utility's service with $87M fee
MGM Resorts International will head to the open market in an attempt to lower its environmental impact and obtain a cleaner mix of electricity for its Las Vegas casino.
By Robert Walton • May 23, 2016 -
Hawaiian Electric proposes major plan to import LNG as bridge to 100% renewables
Hawaiian Electric wants to import liquefied natural gas under a 20-year contract with Fortis, but the proposal is contingent on the state's approval of the utility's merger with NextEra Energy.
By Robert Walton • May 20, 2016