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Europe: +44 (0) 207 198 1634 January 14, 2019: Pacific Gas and Electric, California’s largest investor-owned utility, filed an official 15-day notice that it intends to file petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code on or about January 29th. A bankruptcy filing by PG&E will have a limited impact on our customers as the utility will likely […]
While the cost of natural gas and other generation fuels have decreased in the past few years, the overall retail price of electricity has remained relatively flat. This is due to the rising costs associated with owning, operating, and maintaining electricity generation plants, along with the increasing cost of transmission projects, which has led to […]
Utilities in Ohio are working on legislation that would cut back on electricity deregulation in the state in order to help fund power plants that are struggling to stay open with the low-price environment for electricity. The utilities are looking for subsidies similar to ones in other states, but opponents say that the subsidies would […]
Not every company is ready to go solar, even though they may have the rooftop space for solar panels. The good news is that you can still profit from that solar-ready space, as utilities are now starting to lease out rooftop space for solar projects. Third-party leasing of rooftops or other spaces for solar arrays […]
Reliable electricity is the expectation of Texas consumers. The strength and reliability of the electrical grid are the lifeblood of our strong Texas economy. As the Public Utility Commission (PUC) considers a bid by Hunt Consolidated Energy to purchase the state’s largest electric transmission and distribution company, Oncor, I am very concerned the Hunt proposal, […]
From the decline of coal power to the rise of energy storage, big changes are taking hold in the industry By now, it’s become cliché to suggest that the utility industry is on the brink of a massive transformation. Analysts told us this would happen — the traditional electric utility model would be upended, and […]
Automated energy efficiency, dubbed ‘flexiwatts,’ could change how we consume energy for good Solar and battery storage are commonly noted as the biggest threats — and opportunities — for the utility business model, but a new report shows that when consumers use their electricity may matter just as much to utilities as if they produce […]
Since August, the Energy Future Holdings bankruptcy revolved around the auction of its prized asset, the Oncor power line company. Attorneys flew back and forth to Wilmington, Del., to argue in U.S. Bankruptcy Court over timing. Motions were filed; bids were expected to reach north of $18 billion. Now the former TXU Corp. is considering […]
