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In the Wake of Isaias, Utilities Offer Reimbursements to Customers

Following Tropical Storm Isaias, residents of New York and New Jersey experienced widespread power outages. While many people are already facing hardships due to the COVID-19 crisis, utilities faced severe criticism for slow responses in power restoration. Typically utilities will not pay claims for loss due to power outage; however, at this time, PSEG and … Read more

How long should your electricity contract last?

By: Augusta Free Press | A lot of decisions can go to determining the cost of your power bill. From the appliances that you have within your home to the type of electricity provider that you choose, you are in control of how much you can spend on electricity bills monthly. However, one aspect that … Read more

JCP&L plan for reliability improvements will cost you less

By: David P. Willis | Jersey Central Power & Light wanted to spend an extra $387 million to improve its distribution network and cut down on power outages, including removing more trees that can become entangled in wires. On Tuesday, the utility said it agreed to spend a smaller amount, $97 million, on the project called JCP&L Reliability … Read more

FERC rejects PJM capacity market reform proposals, seeks quick resolution

In a 3-2 decision that drew sharp dissent from two commissioners, the Federal Energy Regulatory Commission late Friday rejected both of PJM Interconnection’s proposals to address failures in its capacity markets due to state subsidies supporting preferred generation resources. Whether to add more renewable energy or to keep struggling emissions-free nuclear online, many states are increasingly … Read more

Atlantic City Electric seeks 8.25 percent rate increase

By: Michelle Brunetti | The average Atlantic City Electric customer would pay $10.66 more per month if the state Board of Public Utilities approves the company’s request for an 8.25 percent rate increase. The utility is seeking an extra $99.7 million per year from its 550,000 ratepayers in South Jersey to pay for ongoing modernization … Read more

Capacity prices nearly double in largest U.S. power market

By: Jeffrey Tomich | The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online. PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled to … Read more