Solar Projects in Florida
Florida Power & Light brought four new solar installations online on New Year’s Day.
Awesome February
California PUC, NARUC Winter Meeting, Energy Storage Association’s Policy Forum, NRECA Annual Meeting & Expo, and pitchers and catchers report.
They Said It in Today’s Mid-January PUF 2.0
Excerpts from EPRI’s VP for T&D, and Energy Storage Association’s CEO.
FERC Says No to Perry's Recommended Adders for Coal and Nuclear Generation
Seeing a need to examine the issue of grid resilience more “holistically,” the Federal Energy Regulatory Commission (FERC) has rejected a proposal from Rick Perry, secretary of the U.S. Department of Energy (DOE), under which owners and operators of nuclear and coal-fired generating facilities would be eligible for a rate adder to account for their role in offering an extra level of protection and dependability to the nation’s electric grid.
Court Tells FERC to Reconsider Incentive Adder for RTO Membership
A federal appellate court has determined that the Federal Energy Regulatory Commission (FERC) had been issuing certain California electric utility transmission rate decisions in a rote or routine manner without adequate reasoning to back them up.
NV Energy Denied Rate Hike, Ordered to Lower Rates Instead
Nevada Power to decrease fixed charges and volumetric rates, reflecting billing reduction of 2%.
New York Extends Smart AC Program to Master-Metered Consumers
The New York Public Service Commission has approved an electric utility’s proposal to include public housing residents as well as tenants in master-metered apartment buildings in the utility’s program offering summertime cash rebates to those customers who permit the utility, Consolidated Edison Company of New York (ConEd), to remotely control their room air conditioners (ACs) during brief periods of high demand for electricity.
Storms, Rates, Insurance
Entire Economy Pays Price
This past year three hurricanes affected an area which encompassed about eight percent of the U.S. population. According to an article by Joel Achenbach in The Washington Post, dated November 19, 2017, “Disaster claims soar in year of calamities: Federal resources stretched as applications for aid rise tenfold,” these three storms contributed to a year of “record setting disasters.”
4.7 million Americans registered for FEMA aid compared to four hundred eighty thousand in 2016, and an average of a hundred and eighty thousand for the previous three years.
Conversation Cannot Be Markets vs. Non-Markets
Pendulum Swings Again
While open markets were the objective of the 1990s, the pendulum is swinging again.
Top Three Tax Reform Changes Impacting Utilities
Widespread Impacts
Certain provisions of the Tax Cuts and Jobs Act are expected to have widespread impacts on the industry.