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Tag Archives: Utilities

Nevada panel takes first steps toward solar ‘grandfathering’

LAS VEGAS (AP) — A Nevada panel took a first step Wednesday toward securing more favorable rates for the state’s early-adopter rooftop customers — a concept that some lawmakers have said they support after outcry over a recent rate hike. Members of the Technical Advisory Committee on Distributed Generation and Storage voted to recommend that Nevada “grandfather” customers who applied ...

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Stocks lower in morning after sizable gains the day before

stocks

NEW YORK (AP) — Stocks are mostly falling Tuesday morning as investors sift through new economic reports and earnings results. Utilities, consumer goods companies and banks fell the most after the market made sizable gains the day before. Wal-Mart Stores and JPMorgan Chase each dropped 1 percent, among the biggest declines in the Dow Jones industrial average. KEEPING SCORE: The ...

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US industrial production jumps by most since November 2014

Industrial production

WASHINGTON (AP) — U.S. industrial production in April posted the biggest increase since November 2014 as utility output surged, the Federal Reserve said Tuesday. Industrial output — which includes factories, mines and utilities — rose 0.7 percent from March. It had dropped the previous two months. Fueling the improvement was utility production, which surged 5.8 percent in April. It was ...

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Utilities seek ConocoPhillips stake in Cook Inlet gas field

Utilities seek ConocoPhillips stake in Cook Inlet gas field

ANCHORAGE, Alaska — Two Anchorage-based utility companies have teamed up to purchase a portion of a Cook Inlet gas field under a $152 million deal with ConocoPhillips. Anchorage Municipal Light and Power and Chugach Electric Association are looking to buy ConocoPhillips’ stake in the Beluga River Unit about 35 miles west of Anchorage. The deal announced Monday calls for ML&P ...

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Pennsylvania’s gas utilities adjust for warm weather curveball

Balmy temperatures have thrown a wrench into the plans of gas utilities that base their business on expectations of normal weather patterns: They have pools of natural gas ready to go for a cold winter, then re-fill their inventories during the hot summer. By one utility’s calculations, the average Pittsburgh-area customer this December has used 32 percent less gas than ...

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Desperately seeking strategy, utilities lost in low-carbon world

PARIS – European utilities executives meeting at the Paris Climate Conference know they are part of the problem. What they have not yet figured out is how to make money by being part of the solution to climate change. For decades, power plants owned by the likes of RWE, Enel and EDF have been among Europe’s worst polluters. When governments ...

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2 Iowa towns consider natural gas utilities

LARCHWOOD, Iowa — Two small northwest Iowa towns are considering bringing natural gas to their communities after voters supported exploring the idea. The Sioux City Journal reports voters in the cities of Larchwood and Lester approved referendums on Nov. 3 that allow each city to establish municipal gas utilities. Larchwood has about 400 water customers and Lester has 110 water customers. ...

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Multiple ways to save energy dollars this season

With winter weather straight ahead, and as the dollar becomes tighter, ways to save energy around the house become more important. There are several ways to save energy, and thus dollars, around the home. PPL spokesman Kurt Blumenau said a homeowner has to customize their energy-saving efforts. “Every home is different, and the level of energy savings can vary significantly ...

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California wants renewable energy for half its power by 2030

LOS ANGELES — Gov. Jerry Brown dramatically increased California’s climate-change goals, committing the state to use renewable energy for half its electricity and make existing buildings twice as energy-efficient in just 15 years. Brown tried for an even stronger measure that also would have enforced a 50 percent drop in petroleum use by 2030, but was defeated by oil interests. ...

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California grooms utility giants to compete against Big Oil

SACRAMENTO, Calif.  — California wants more drivers to dump the pump and plug in. Climate change legislation signed Wednesday day by Gov. Jerry Brown calls for major utilities to compete as an alternative transportation fuel source by installing thousands of charging stations where people live, work and play. The provision was contained in a broader climate control measure requiring the ...

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