Utilities

SoCal Edison lab focuses on future technology

Source: 
Reuters

A laboratory complex set up by Southern California Edison in 2009 to keep the utility at the forefront of new developments in grid and energy technology gets results that gives the firm’s Advanced Technology Division an impact beyond its $19 million annual budget, Reuters reports.

Hawaii Electric seeking to cut solar credits

Source: 
E&E

In a fresh tilt at net metering, Hawaii Electric has applied to the state’s Public Utilities Commission to phase out the existing program of issuing credits to customers with solar panels who supply electricity back to the grid, as the utility claims they are not paying their fair share of grid maintenance, E&E reports.

Fla. customers shouldn’t pay for utilities’ natgas investments: Lawmaker

Source: 
Platts

Utilities wouldn’t be able to pass along the costs associated with their natural gas investments to their electricity customers, under a bill introduced in the Florida legislature by Democratic state Rep. Dwight Dudley, Platts reports.

Think tank report finds Exelon-Pepco merger bad for D.C.

Source: 
The Washington Post

Millions of Pepco customers could end up paying more for electricity under a proposed merger that would combine the company with Exelon, according to a report due out from the Institute for Energy Economics and Financial Analysis, which recommends that the D.C. Public Service Commission reject the application, The Washington Post reports.

Exelon objects to Delaware demands over Pepco merger

Source: 
The News Journal

Some of the demands Delaware has made over Exelon’s proposed merger with Pepco have drawn criticism from the company president in comments filed ahead of public hearings by the state’s Public Service Commission next month, The News Journal reports.

Complex deal to keep coal plant running in Upper Michigan

Source: 
Crain's Chicago Business

A potential power crisis in Upper Michigan has been averted in a complex deal that will see the Presque Isle coal plant keep running until a new natural gas-fired plant can be built, Crain’s Chicago Business reports.

New NRG exec explains company’s focus on Millennials

Source: 
U.S. News & World Report

Setting its sights on catering to the younger generation of Millennials, NRG Home CEO Steve McBee explains to U.S. News & World Report that the company wants to move on from the traditional limited and centralized utility services to offer individuals customized choices.

Northeast Utilities to rebrand itself as Eversource Energy

Source: 
Hartford Courant

A formal rollout is due in February, a spokeswoman told the Hartford Courant, but she has confirmed that Northeast Utilities is changing its name to Eversource Energy.

Utility stocks could repeat strong performance in 2015

Source: 
The Wall Street Journal

Market conditions that boosted performance of the utility sector in 2014 – plummeting oil prices and disappearing inflation – could see a repeat this year, The Wall Street Journal reports.

Cold prompts Duke to urge power conservation on its customers

Source: 
The Wall Street Journal

A request from Duke Energy to its Carolina customers to conserve electricity -- particularly during Thursday morning hours – was prompted by frigid temperatures, The Wall Street Journal reports.

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