Latest Energy News
Xcel Energy Files Request For Rate Increase
Xcel Energy has filed a request to increase bills by $52.7m to collect costs associated with forecasted fuel and purchased energy prices for the second quarter of 2010 and an under-collected balance for the first quarter.
Published: 16-Mar-2010
Ameren Plans To Merge Illinois Utilities
Ameren is planning to reorganize its three Illinois electric and gas utilities – AmerenCIPS, AmerenCILCO and AmerenIP – into a single public utility that will do business as Ameren Illinois.
Published: 16-Mar-2010
OG&E Seeks Approval To Install Smart Technology Across Oklahoma Service Area
OG&E has filed an application with the Oklahoma Corporation Commission seeking approval to install smart meters and related technology across its Oklahoma service area.
Published: 16-Mar-2010
DOE To Provide Fund For NV Energy ASD Project
NV Energy has signed a definitive grant agreement with the Department of Energy (DOE), which will provide $138m in American Recovery and Reinvestment Act funding for its $301m Advanced Service Delivery (ASD) project.
Published: 15-Mar-2010
Vermont Utilities Sign Preliminary Power Supply Agreement With Hydro-Quebec
Central Vermont Public Service (CVPS) and Green Mountain Power(GMP) have signed a MoU with provincial utility Hydro-Quebec for a new power supply contract for Vermont customers.
Published: 12-Mar-2010
ScottishPower Slashes Gas Prices By 8%, Offers New Winter Rebate
ScottishPower has reduced its gas prices for around 1.6 million domestic gas customers and has introduced a new winter rebate for vulnerable customers who heat their homes with electricity.
Published: 12-Mar-2010
EDF Energy To Further Reduce Residential Gas Prices
EDF Energy has said that it is making a further reduction in its residential gas prices by 4%, effective from March 26, 2010. The company claims to be the only supplier to implement two gas price reductions in the last six months.
Published: 11-Mar-2010
MP2 Energy Forays Into Power Retail Business
MP2 Energy has said that it will start selling retail power to commercial and industrial businesses in the Electric Reliability Council of Texas (ERCOT) through its new MP2 Energy Texas unit.
Published: 11-Mar-2010
E.ON Posts Stable Earnings Despite Drop In Sales
E.ON has posted an adjusted EBITDA of EUR13.5bn for fiscal 2009, about 1% up compared to prior-year. The sales for the year were down by 6% to EUR82bn compared to EUR87bn in the previous year.
Published: 11-Mar-2010
npower To Reduce Gas Prices By 7%
npower has said that it will reduce its in domestic gas prices for domestic gas customers by an average of 7% from March 26, 2010.
Published: 10-Mar-2010
