PA Fines Renewable Supplier
Pennsylvania regulators issue a $1 million fine to a renewable energy supply for thousands of marketing violations and creating accounts for customers without their knowledge.
EIA: Average kWh Could Reach $0.15 in 2023
The average price of electricity for residential consumers could reach $0.1524/kWh in 2023, the U.S. EIA forecast on Thursday in its latest Short Term Energy Outlook. That would represent about a 3.3% increase from this year — and EIA says prices are already 7.5% higher today than in 2021.
EIA: Renewable GenerationNew
The EIA reports that in the first half of 2022, 24% of U.S. electricity generation came from renewable sources. https://www.eia.gov/todayinenergy/detail.php?id=53779
Maryland Considers Removing Rate Protections
In November, Maryland regulators will consider removing pandemic-era measures that protect ratepayers from utility shutoffs, like low-income resident payment plans. Learn more >>
The First Wind Farm On The Great Lakes Moves Forward
Developers of the first Great Lakes offshore wind project have a “new lease on life” as they revamp the project after a favorable ruling from the Ohio Supreme Court this month.
Energy News: Energy Rates Double
Electric bills more than doubled in New Hampshire, blamed on the natural gas market.
Market Snapshot: August 29, 2022
WEATHER UPDATE: WARMER TEMPERATURES COVERING MOST OF THE US In an era of persistent demand and hot summers, pricing is expected to remain high. Especially as July came in as the third hottest on record. Experts predict the supply concerns and increased demand for LNG could eventually drive pricing up this winter past $13.00 With…
Peak Demand Alert: August 29, 2022
Today has been identified as a potential PJM Peak Demand Day. Given the forecasted PJM load and the current conditions, there is the potential for peak hours between 4:00 PM and 7:00 PM, with the highest probability between 4:00 PM-5:00 PM. Demand across the PJM grid is expected to reach 142,496 MW today! Therefore, TPI…