Sentences with phrase «electricity utilities increased»

Electricity utilities increased their dividends by 5.9 % in 2017, off earnings growth of about the same amount.

Not exact matches

Increasing numbers of utility customers are using net metering to generate electricity on their property.
For utilities like Florida Power & Light, the electricity utility that serves about half of the state's 20 million residents along the southern coasts and has 90 percent of its customers within 20 miles of the coast, putting power lines underground increases risks of flood damage, so the move would only trade one hazard for another.
The threat, often referred to as the «utility death spiral,» goes like this: as customers choose to install solar panels or adopt energy efficiency measures, a utility will sell fewer units of energy and has to increase what it charges for electricity to ensure that it can still cover its fixed costs, such as grid maintenance and labor.
The Public Utilities Regulatory Commission's announcement of an increase in electricity and water tariffs by 59.2 % and 67.2 % respectively, forced the meeting between government and organized labor which demanded a reduction.
The Public Utilities Regulatory Commission (PURC) has increased electricity and water tariffs by 59.2 % and 67.2 % respectively ahead of the Christmas season.
Close Indian Point power plant by 2021 - Unit 2 Reactor to close April 2020 and Unit 3 Reactor April 2021 - End use of a plant with numerous safety violations - «Current Indian Point Employees will be Offered relocation and opportunities with other plants and utilities within the state; training in renewable technologies» - «Entergy will provide $ 15 million in funding for environmental and community benefits» - Cuomo is working on replacement resources so that there can be no cost increases in electricity after Indian Point closes More
Extreme weather contributed to cost problem Electricity rates have increased 18 percent because of Kemper, and the result of the prudency review before the Public Service Commission could force the utility to absorb more of the costs (ClimateWire, April 30).
The extra electricity, which can increase by as much as a gigawatt — or the output of a large nuclear power plant — in under an hour, must be quickly sold to other utilities or in many cases it is wasted.
No investor - owned utility has yet dipped into its pool of ratepayer funds to subsidize the vehicles, which stand to increase electricity sales.
As adoption increases, utilities will have to figure out the best way to have enough electricity on the grid to charge more and more cars without affecting rates and reliability for those with and without electric cars, he said.
Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity and natural gas utilities that gives highest priority to the efficient use of the energy they supply,» and ban on new coal or nuclear plants and retirement of the existing plants within the next 30 years, government - funded demonstration plants for Big Solar and hydrogen, increasing federal fuel economy standards one mile - per - gallon a year over the next 24 years, tax credits for plug - in hybrids or flex - fuel vehicles, and an excess - profits tax on oil to fund the tax credits.
Additionally, your utilities, an expense you incur as result of electricity, water and sewage usage, may increase when you move into a home that is bigger than your current living situation.
BEL Proposes to Recover Increase in Cost of Power The Belize Electricity Limited (BEL) Company submitted a request to the Public Utilities Commission (PUC) to increase electricity rates for the annual Tariff Period from July 1, 2018, to June 3Increase in Cost of Power The Belize Electricity Limited (BEL) Company submitted a request to the Public Utilities Commission (PUC) to increase electricity rates for the annual Tariff Period from July 1, 2018, to JunElectricity Limited (BEL) Company submitted a request to the Public Utilities Commission (PUC) to increase electricity rates for the annual Tariff Period from July 1, 2018, to June 3increase electricity rates for the annual Tariff Period from July 1, 2018, to Junelectricity rates for the annual Tariff Period from July 1, 2018, to June 30, 2019.
«eLab Ignite: Finding Value at the Distribution Edge» will convene corporate customers, innovators, utilities and other key industry stakeholders to address the challenges and opportunities arising from the convergence of increasing capability and affordability of distributed resources, climate change and the need for a more resilient U.S. electricity system.
To amortize the $ 300 million price of the wind farm, Deepwater Wind negotiated a contract with National Grid, the utility company that provides electricity for most of the state, that will increase the price of electricity generated by the turbines 3.5 percent annually to nearly 50 cents per kWh in 20 years.
By using a wind turbine to produce most of, or all of the electricity they need, consumers can protect themselves from future increases in the cost of utility - provided electricity.
According to Pentland, increasing demand is unlikely to be the cause of rising electricity rates, due to the simple fact that «many if not most utilities are selling less — not more — electricity than they used to sell.»
The installations have also been a catalyst for increasing awareness of opportunities available to the Food Bank to lower its utility bills through changes to its electricity - use habits.
However, that small increase is far outweighed by the emissions reductions that come when utilities switch from coal to gas to generate electricity.
Your business must act now because the utilities in over a dozen states are projecting 5 - 15 % annual electricity price increases.
As a result, natural gas has increased its share of electric utility generation over the past decade from 22 percent to 32 percent, overtaking coal as the major source of U.S. electricity generation.
Beyond the incentive to encourage favorable conditions for pipeline construction, Zaragoza - Watkins said the downstream electricity market, where both utilities own plants, «presents some opportunities to earn increased revenues» through capacity withholding.
The expected introduction of plug - in hybrid electric vehicles could cut U.S. gasoline use, but could increase deadly air pollution in some areas, two reports say.That's because a plug - in's lower tailpipe emissions may be offset by smokestack emissions from the utility generating plants supplying electricity to recharge the big batteries that allow plug - ins to run up -LSB-...]
But irrespective of this accounting legerdemain, ratepayers and taxpayers are still paying in excess of $ 120.00 / MWh for wind energy, either in taxes, utility fees or increased cost of goods and services that depend upon electricity to be delivered.
Current law requires utilities to accept customer - generated electricity up to 4 % of their peak capacity that cap is being increased to 15 %.
New research predicts the energy storage market in Germany will increase 11-fold in the next five years, with the residential market buoyed by declining feed - in tariffs, high electricity prices and $ 30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.
It also removes the existing cap on energy efficiency program spending, adds tiered incentives to encourage utilities to exceed 1.5 % annual savings, and increases the previous RPS requirement for renewable electricity from 10 % to 15 %.
Under the bill, utilities would need to get 11 % of their electricity from renewables next year, and this would increase roughly 10 % every five years until the 80 % by 2050 target is met.
The expected introduction of plug - in hybrid electric vehicles could cut U.S. gasoline use, but could increase deadly air pollution in some areas, two reports say.That's because a plug - in's lower tailpipe emissions may be offset by smokestack emissions from the utility generating plants supplying electricity to recharge the big batteries that allow plug - ins to run up to 40 miles without kicking on their gasoline engines.
49 Rising Energy Costs for Consumers Average annual household utility bills have increased 48 % since 1980 (adjusted for inflation)-- Add in today's average annual gasoline budget per household and today's estimated annual home energy budget is over $ 3,800 Electricity costs continue to rise, with some utilities requesting rate increases of 35 % or more Spending on electricity is the highest share of total consumer spending since the energy crisis of 2000 Energy consumption has been rising along with costs — Electricity consumed by the typical American household has more than doubled since 1980 and is expected to increase another 2Electricity costs continue to rise, with some utilities requesting rate increases of 35 % or more Spending on electricity is the highest share of total consumer spending since the energy crisis of 2000 Energy consumption has been rising along with costs — Electricity consumed by the typical American household has more than doubled since 1980 and is expected to increase another 2electricity is the highest share of total consumer spending since the energy crisis of 2000 Energy consumption has been rising along with costs — Electricity consumed by the typical American household has more than doubled since 1980 and is expected to increase another 2Electricity consumed by the typical American household has more than doubled since 1980 and is expected to increase another 20 % by 2015
We assume a solar panel life span of 30 years, a decline in panel production of 0.5 % per year, inverter replacements at years 10 and 20, and retail electricity rates increasing 2.18 % per year (National average utility bill increase of 2.18 % based on EIA data for the last reported 20 years, nationally (1997 - 2017).
Decoupling involves government guaranteeing electric utilities steady or steadily increasing profits for selling less electricity.
It would require utilities to meet an increasing percentage of electricity sales from solar, onshore wind, offshore wind, and energy efficiency, reaching 25 % of base year sales by 2025 (and deleting the current, obnoxious slight - of - hand that leaves nuclear out of the equation, but keeping a base year of 2007).
These systems reduce transmission losses, and they may increase power reliability and decrease energy costs by supplementing or replacing utility - supplied electricity.
It also conducts regular surveys to facilitate the action utilities are taking to increase access to affordable and clean electricity by identifying, recording and sharing information, main trends and issues as well as best practices.
-- In calculating the incremental cost of compliance of an electric utility under this section, the Secretary shall take into account the reduction, if any, on the cost of electricity generated with fossil fuels associated with increased reliance on renewable electric energy generation.
A pair of bills introduced this week — Senate Bill (SB) 732 and House Bill (HB) 1453 — would double the state's renewable energy ambition by requiring that utilities procure 50 % of their electricity from renewables by 2030, a major increase on the current mandate of 25 % by 2020.
In June 2001, the city of Chicago and 48 city government agencies signed a contract with local utility ComEd to purchase 10 percent of their electricity from renewable sources, a figure due to increase to 20 percent in five years.
The trend of decreasing coal generation can be attributed to both falling natural gas prices and stagnant demand for electricity, but it can also be partially attributed to the increasing role of solar and wind generation: March 2016 set records for both the highest amount of monthly wind generation ever measured and the highest amount of monthly utility - scale solar generation ever measured.
Public Opinion Strategies also found 60 % of conservatives support requiring utilities to use renewable energy to produce 12.5 % of their electricity by 2027, and 76 % supported increasing research into battery storage technologies, which most analysts consider the next boom market in the renewable energy economic sector.
While the law limits how much Duke can credit shared solar customers for the electricity their panels produce, the utility could increase payback in other ways, such as building solar arrays for less money or adding batteries, as Fayetteville is doing.
Fifteen states, including President Bush's home state of Texas, have enacted legislation requiring utilities to increase their use of renewable energy sources such as wind power or biomass in generating a portion of their overall electricity.
«If the proposal is approved by the state's Public Utilities Commission,» I wrote, «California's carbon dioxide emissions will either increase or decline far less than if Diablo Canyon's two reactors, which generated about 9 percent of the state's electricity last year, remained in operation.
The addition of connected storage can increase the utility of renewable sources of electricity, too.
Enacting renewable portfolio standards (RPS) that require utilities to provide a steadily increasing amount of electricity from renewables, primarily wind and solar.
Buying enough Windsource to offset 100 percent of an average small businesses» electricity would add $ 26 a month to their utility bills, an increase of about 21 percent.
Many states have required their utilities to increase their purchases of renewable electricity.
The bill requires utilities to increase the percentage of electricity produced from wind, biomass,
The funding awarded will address these barriers by seeking projects that will demonstrate how energy storage can provide multiple benefits and increase revenues among various stakeholders (e.g., electricity customers, storage vendors, developers, utilities, etc.) while creating a cleaner, more flexible energy system.
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