Advanced metering and demand charges give efficient and equitable price signals to customers.
Annual formula rate is working to stabilize distribution ratemaking.
How is it going?
Ann McCabe is a commissioner at the Illinois Commerce Commission. The views expressed in this article are her own.
Five years have passed since Commonwealth Edison and Ameren Illinois elected to participate in the Energy Infrastructure Modernization Act, which authorized $3.2 billion in grid hardening and smart meter investments. As a commissioner at the Illinois Commerce Commission, I am often asked: How is it going?
Part 1: How markets today are out of sync.
Funding a new infrastructure in an age of uncertainty.
Bidgley, an energy analytics SaaS provider serving utility customers, and Commonwealth Edison (ComEd), launched a pilot to test Bidgely's new HomeBeat Energy Monitor and Web & Mobile engagement solution with ComEd customers.
NRG Energy acquired Pure Energies Group, a residential solar industry provider; Duke Energy Progress filed with FERC for approval to purchase the North Carolina Eastern Municipal Power Agency’s generating assets for $1.2 billion; Trina Solar Limited signed a share purchase agreement to sell a power plant to funds managed by Foresight Group LLP; AES entered into an agreement to sell its 49.62% equity interest in a joint venture in Turkey; Southern Power acquired the 150-MW Solar Gen 2 solar facility in California from First Solar; SolarCity is planning to launch what would be the first registered public offering of solar bonds in the US; and debt offerings from Dynegy and ComEd.
FERC approved the proposed merger of Exelon and Pepco Holdings. The companies announced their proposed merger on April 30. The combination of the companies will bring together Exelon's three electric and gas utilities - BGE, ComEd and PECO - and Pepco Holdings' (PHI's) three electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the leading mid-Atlantic electric and gas utility.