Ohio Electricity Rates More than Double By Summer Ohio FirstEnergy customers will see their electric bills rise starting next summer, as the Akron-based utility has purchased some of its electricity at more than twice the price it’s paying now. During the October 4th auction, FirstEnergy agreed to pay an average price of $122.30 per megawatt-hour for delivery…
Ohio ratepayers remain on the hook for potentially rising costs related to coal plant subsidies approved under Ohio’s House Bill 6 as state regulators fail to take action in multiple cases. #HB6 #ohio #energynates #firstenergy
EIA Winter Fuel Outlook: EIA expects most U.S. households will spend more on energy this winter. The story: https://www.eia.gov/todayinenergy/detail.php?id=54219
Commentary: Maryland regulators shouldn’t upgrade state gas utilities’ distribution systems to spare customers from the associated bill hikes when the future of that infrastructure is in limbo, a consumer advocacy group writes.
Duke Energy ups 10-year capital spending plan to $145B to modernize the grid and move to zero-carbon generation; 85% of the spending will go toward grid modernization and the company’s transition toward decarbonized generation. Read at Utility Drive >>
Weather: ABOVE-AVERAGE TEMPS IN PACIFIC NORTHWEST MEANS LESS HEAT DEMAND Pricing dropped almost 33% in September. Strong production, mild weather, and Hurricane Ian all combined to bring the Natural Gas Market down by almost $3.00 during September. Take advantage of this now. This drop is temporary. Winter weather is coming, which will mean higher demand…
September 27, 2022 CLEVELAND – Today, TPI announced multi-year partnerships to become the Official Utility Consultant of the Cleveland Browns and the Official Utility Consultant of the Columbus Crew. TPI Efficiency is the first organization to concurrently agree to new partnerships with the two professional sports teams operated by Haslam Sports Group (HSG). As the…
Weather: PEAK HOURS FOR HEAT GETTING SHORTER While temperatures remain above average for most of the country, the afternoon peak temperatures are not lasting as long as we move into fall and earlier sunsets. This has led to less cooling demand and more substantial storage reports. NOAA TRACK OF HURRICANE IAN Tropical Storm Ian, forecast…