Chesco brothers face battle with federal energy regulators Two Chester County brothers are fighting back against federal regulators. The Powhatan Energy Fund, owned by Malvern natives Richard and Kevin Gates, made millions in the energy market in 2010. The government said it was too much. Late last month, federal regulators hit their energy fund and … Continue reading Chesco brothers face battle with federal energy regulators
Week ahead: Energy bills hit the House floor The House is taking up a slew of environmental measures including a bill that would slash EPA funding and block many of President Obama’s climate rules. Lawmakers are expected to consider the Interior and environment appropriations bill, setting up a floor fight. The House Appropriations Committee on … Continue reading Week ahead: #Energy bills hit the House floor
San Diego Gas and Electric urges CPUC to consider rate structure changes San Diego Gas & Electric (SDG&E), along with many other California utilities, are at the forefront of renewable energy generation — and SDG&E is asking the California Public Utilities Commission (CPUC) to trust them when it comes to utility rates. Jeff Martin, chief … Continue reading San Diego Gas and Electric urges #CPUC to consider rate structure changes #SDGE
Texas energy bills face very different fates in state legislature Two bills in the Texas legislature this session would have big effects on the energy industry in the state — and the outcomes of the two bills ended up very differently. Senate Bill (SB) 931 would have repealed the state’s renewable portfolio standard (RPS) and … Continue reading Texas energy bills face very different fates in state legislature
Are residential demand charges the next big thing in electric rates? Demand charges for commercial and industrial customers long have been a part of the electric industry. As utilities need to build infrastructure to meet both instantaneous and long-term requirements, the utility bill contains both an energy charge, which measures the amount of electricity a … Continue reading Are residential demand charges the next big thing in electric rates?
“Such a fact pattern does not a $5 million penalty make.” Or so says one dissenting FERC Commissioner in the recent Maxim Power enforcement proceeding.1 On May 1, 2015, FERC issued an order assessing civil penalties (the “Order”) of $5 million against Maxim Power Corporation and its named subsidiaries (“Maxim”),2 as well as $50,000 against … Continue reading “Such a fact pattern does not a $5 million #penalty make.”
Why Texas Could Be Next In Electricity Market Reform While all eyes have lately been focused on places like New York, California, and Hawaii, last month, the opening bell in Texas for that state’s “electric power market 2.0” began with little more than an energy-wonk whisper. It came as a proposed report outline from the … Continue reading Why #Texas Could Be Next In #Electricity_Market_Reform
Big industry, utilities win on energy legislation in Minnesota Iron mines, electric utilities and the biofuel industry came out winners in energy-related measures passed at the close of the Legislature. But people with rooftop solar panels now face fees from municipal and cooperative electric companies, which convinced lawmakers that homegrown generators don’t pay their fair … Continue reading Big industry, #utilities win on energy legislation in #Minnesota
Electric Retailers Lament Obstacles …..Philadelphia’s PECO Energy has smart meters for every C&I customer, he said. “But the data is not available until a day later. And if you want a pulse to get the data right away, [it costs] $1,800 and it’s going to take six months. “That little pulse is two wires coming … Continue reading Electric Retailers Lament Obstacles
Maxim Power Slapped With $5M Fine For Market Manipulation Law360, New York (May 04, 2015, 12:58 PM ET) — The Federal Energy Regulatory Commission slapped a Canadian energy provider with a $5 million fine Friday, chastising Maxim Power Corp. for charging New England’s wholesale power market the high prices needed to burn oil while the … Continue reading #Maxim_Power Slapped With $5M Fine For Market Manipulation
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